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Retail Space in Opus Business Park
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10999 Red Circle Drive, Minnetonka, MN 55343

Retail space with visibility and outdoor patio in Minnetonka.

Property Size6,770 SF
Days on Market183

Property Features for 10999 Red Circle Drive

General Information

Standard status Active
Size 6,770 SF
Property subtype Retail

Building Details

Year Built 1997
Stories 1
Listing Agency: Transwestern
Listed By: Janet Olson
Source: Transwestern
Added: Mar 7 Changed: Aug 22 Last Checked: Sep 5 at 3:37AM

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 Transwestern

Investment Insights

Based on property information with market context.

Located at the entrance to Opus Business Park, Shady Oak Center is strategically positioned at the intersection of Shady Oak Road and Crosstown Highway 62. The surrounding area benefits from strong demographics, including a dense daytime population and high household incomes. The available endcap premises offer excellent visibility to Highway 62 and feature an outdoor patio space. Pylon signage is also available. The property offers 6,770 square feet of retail space.

Key Highlights

  • Excellent visibility to Highway 62
  • Strategic position at the entrance to Opus Business Park
  • Endcap premises

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Storage Facility Pharmacy Hair Salon Garden Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 34% Hotels & Casinos 5% Beauty & Spa 5%
Speedway Shops & Services
10,778 visits/mo 0.3 miles
Caribou Coffee Dining
10,330 visits/mo 0.1 miles
Starbucks Dining
10,210 visits/mo 0.1 miles
BP Shops & Services
8,230 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
8,171 visits/mo 0.1 miles

Demographics for 55343, MN

26,307
Population
14,111
Households
1.9
Avg Household Size
38
Median Age
52%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,416
Density / Sq Mi
$82,415
Median Household Income
$54,823
Median Earnings
$1,427
Median Rent
$350,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with visibility and outdoor patio in Minnetonka.
Where is this retail space located?
The property is located at 10999 Red Circle Drive Minnetonka, MN.
What are key features of this property?
This property features: Excellent visibility to Highway 62; Strategic position at the entrance to Opus Business Park; Endcap premises
More about this property
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