Retail and Office Space Now Available at Waconia Square

236 West 1st Street Waconia, MN 55387

236 West 1st Street, Waconia, MN, 55387
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FOR LEASE
Property Type:
Neighborhood Center
Amount:
Please Call Broker for Price

Last Verified:
Dec 02, 2024

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Highlights

  • Neighborhood center located in the heart of downtown Waconia only one block from scenic Lake Waconia
  • Available spaces range from ±849 SF to ±7,013 SF; all retail suites feature their own street address
  • Great tenant mix including Waconia Brewing Company, Laketown Chocolates, Dominos, T-Mobile, and many more
  • Strong local ownership; negotiable TIs
  • Large surface lot available to all tenants with a 4.68 stalls per 1,000 SF ratio
  • Strong demographics including nearly $120K average HH income within 5 miles

Description

SVN | Northco is pleased to present for lease Waconia Square, a ±38,412 SF neighborhood center in charming downtown Waconia, MN. Waconia is an affluent and growing western suburb in the Minneapolis-Saint Paul metropolitan area. The center has a fantastic tenant mix of local and regional tenants, and contains both retail and office suites.

The community is located just 30 miles west of downtown Minneapolis, and it is only 10 miles from the town of Victoria and famous Lake Minnetonka. The submarkets bordering Waconia to the east are some of the wealthiest in the State of Minnesota, and also contain some of the most desirable communities in the metropolitan area in which to live. Waconia Square is located in the charming downtown area on Main Street, only one block from Lake Waconia. This is a scenic lake containing an island that is very popular for a variety of recreational activities. Minneapolis-Saint Paul is currently the 16th largest MSA in the United States with nearly 3,700,000 residents.

Waconia is a thriving, affluent and growing western submarket in the Minneapolis-Saint Paul metropolitan area. The community is located just 30 miles west of downtown Minneapolis, and it is only 10 miles from the town of Victoria and famous Lake Minnetonka. The submarkets bordering Waconia to the east are some of the wealthiest in the State of Minnesota, and also contain some of the most desirable communities in the metropolitan area in which to live.

Household incomes exceed $125,000 for the majority of the submarket. Waconia Square is located in the charming downtown area on Main Street, only one block from Lake Waconia. This is a scenic lake containing an island that is very popular for a variety of recreational activities.

Minneapolis-Saint Paul is currently the 16th largest MSA in the United States with nearly 3,700,000 residents.


Year Built: 1980
Building Size: 38412sq ft
Lot Size: 0.92 acres


Documents

Lease Brochure - Waconia Square (4).pdf

Units for Lease

224 West 1st Street
Space Available: 7013 SF
Lease Type: NNN

Price Per Sqft/Year: $13.50
Suite 240
Space Available: 849 SF
Lease Type: NNN

Price Per Sqft/Year: $9.00
256 W. 1st St.
Space Available: 3055 SF
Lease Type: NNN

Price Per Sqft/Year: $13.00
250 W 1st St
Space Available: 1732 SF
Lease Type: NNN

Price Per Sqft/Year: $14.00

Map of 236 West 1st Street, Waconia, MN, 55387

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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:

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