Grocery Anchored Retail Space For Lease
432 Pond Promenade
Chanhassen, MN 55317
FOR LEASE
Property Type:
Neighborhood CenterCap Rate:
0.00%Last Verified:
Jul 26, 2024Daily Email Blast
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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