Grocery Anchored Retail Space For Lease

432 Pond Promenade Chanhassen, MN 55317

432 Pond Promenade, Chanhassen, MN, 55317
432 Pond Promenade, Chanhassen, MN, 55317
FOR LEASE
Property Type:
Neighborhood Center
Cap Rate:
0.00%
Last Verified:
Jul 26, 2024

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Grocery Anchored Retail Space For Lease Highlights and Features: • 14,850 sf retail center located in a grocery-anchored development • Great visibility and easy access • Located at the SW corner of Hwy 5 and Great Plains Blvd • Parking: Approximately 55 spaces • Area tenants include Lakewinds Co-op, Culver’s, Total Wine, Houlihan’s, Foss Swim School, New Horizon School, Chick-fil-a, Cub Foods, Aldi, Walgreens, Buffalo Wild Wings, Jimmy John’s, Target and more • Join co-tenants Bonsai Sushi, StretchLab, Code Ninjas, ATA Chanhassen Martial Arts, Dentistry on the Ponds, and Johnson Fitness & Wellness Store Demographics and Traffic Counts: • Average Household Population: 1 mile - 4,150, 3 miles – 27,712, 5 miles - 66,431 • Average Household Income: 1 mile - $103,561, 3 miles - $126,905, 5 miles - $120,947 • Hwy 101 - 14,600, Hwy 5 - 36,805 vpd and Great Plains Blvd - 6,422 vpd Space Available: • Suite 432: 1,429 sf • 2023 CAM: $7.01 psf and Tax: $4.06 psf • Lease Rate: $21.00 psf NNN

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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."

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