Newly Constructed Multi-Tenant Shopping
For Sale
Contact for pricing
10720 & 10730 10th St W, Waconia, MN 55387
New construction combines a retail center with an adjacent freestanding Dollar Tree and a lineup of established storefront tenants.
Property SizeContact for details
Days on Market143
Property Features for 10720 & 10730 10th St W
General Information
Standard status
Active
Property subtype
Retail
Financials
Asking Price
$4,754,763
Cap Rate
6.75%
Site & Location
Traffic Count
12,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Upland Real Estate Group Inc
(612) 376-4475
Listed By:
Deborah Vannelli · License #MN 20103724
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 4:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Upland Real Estate Group Inc
Investment Insights
Based on property information with market context.
This newly constructed shopping center includes multiple retail storefronts and a separate freestanding Dollar Tree building. Named occupants at the center include Starbucks, Sport Clips, and AT&T, while lease discussions are underway with Qdoba Mexican Eats. The property carries a 6.75% cap rate.
Located at 10720 & 10730 10th St W in Waconia, the center fronts Minnesota Highway 5, which records average traffic of 12,600 vehicles per day. The site is positioned on the highway’s south side for eastbound commuter access toward the Twin Cities. Nearby commercial and institutional uses include Target, Walgreens, Mackenthun’s Grocery, Ridgeview Medical Center, and Waconia High School. The property also adjoins an industrial business area along Industrial Boulevard.
Located at 10720 & 10730 10th St W in Waconia, the center fronts Minnesota Highway 5, which records average traffic of 12,600 vehicles per day. The site is positioned on the highway’s south side for eastbound commuter access toward the Twin Cities. Nearby commercial and institutional uses include Target, Walgreens, Mackenthun’s Grocery, Ridgeview Medical Center, and Waconia High School. The property also adjoins an industrial business area along Industrial Boulevard.
Key Highlights
- Newly constructed multi‑tenant shopping center with adjacent freestanding Dollar Tree
- Retail occupants include Starbucks, Sport Clips, and AT&T; Qdoba Mexican Eats lease negotiations are underway
- 6.75% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
12,600 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55387, MN
14,552
Population
5,711
Households
2.5
Avg Household Size
38
Median Age
49%
College-Educated
98%
High-School Grad
31.5 sq mi
ZIP Area
462
Density / Sq Mi
$109,279
Median Household Income
$62,716
Median Earnings
$1,306
Median Rent
$418,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Waconia Square - Shops, Offices, Restaurants, and Brewing — 235 W Main St, Waconia, MN 55387
Frequently Asked Questions
What type of property is this?
Shopping center - New construction combines a retail center with an adjacent freestanding Dollar Tree and a lineup of established storefront tenants.
Where is this shopping center located?
The property is located at 10720 & 10730 10th St W Waconia, MN.
What are key features of this property?
This property features: Newly constructed multi‑tenant shopping center with adjacent freestanding Dollar Tree; Retail occupants include Starbucks, Sport Clips, and AT&T; Qdoba Mexican Eats lease negotiations are underway; 6.75% cap rate
