Retail Space For Lease - New Look!

7750 Harkness Avenue S Cottage Grove, MN 55016

7750 Harkness Avenue S, Cottage Grove, MN, 55016
7750 Harkness Avenue S, Cottage Grove, MN, 55016
Property Type:
Neighborhood Center
Last Verified:
Sep 27, 2022

Retail Space For Lease - New Look! The Shoppes at Gateway North is a convenient neighborhood center located in the fast-growing city of Cottage Grove. Its great visibility and easy access from US-61 attract local and neighboring shoppers. Co-tenants include Jimmy John's, Anytime Fitness, American Family Insurance, Sushi Café, Gray Duck Disc Golf, and The Little Village - coming January 2023! Highlights and Features: • New facade • Great visibility • Parking: 85 spaces • Zoning: Mixed-use • Strong retail corridor • Building signage available • Patio available with restaurant space • Area tenants: Muddy Cow, Walgreens, Las Margaritas, Kohl's, TCF Bank, Domino's, Merchants Bank, Culvers, Hy-Vee, Super America, Caribou Coffee Demographics and Traffic Counts: • Average Household Population: 1 mile - 9,438, 3 miles - 42,852 and 5 miles - 84,305 • Average Household Income: 1 mile - $83,779, 3 miles - $90,212 and 5 miles - $91,990 • Highway 61/10 - 40,000 vpd, 80th Street - 19,100 and Hardwood Avenue - 8,600 vpd Space Available: • Suite 105: 1,320 sf (chiropractic space) • 2022 CAM: $4.92 psf and Tax: $6.21 psf • Lease Rate: Negotiable

Map of 7750 Harkness Avenue S, Cottage Grove, MN, 55016

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.