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Retail Space Near Northtown Mall
For Lease
Contact for pricing

8949 University Ave NE, Blaine, MN 55434

Redeveloped retail space with excellent visibility and convenient parking.

Space Size20,872 SF - 44,332 SF
Property Size118,398 SF
Days on Market347

Property Features for 8949 University Ave NE

General Information

Standard status Active
Size 20,872 SF - 44,332 SF
Property subtype Retail

Building Details

Building Size 118,398 SF

Spaces For Lease

at 8949 University Ave NE Contact us

20,872 SF Available

Size
20,872 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

44,333 SF Available

Size
44,332 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Coldwell Banker Schmidt Family Of Companies
Listed By: Brady Whalen · License #3116930
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Aug 23 Last Checked: Aug 23 at 2:42AM

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 Coldwell Banker Schmidt Family Of Companies

Investment Insights

Based on property information with market context.

This retail property, located across from Northtown Mall in Blaine, offers up to 65,205 square feet of space. The property was recently redeveloped in 2018 with a new facade and other improvements. It features convenient parking and loading areas. The location provides excellent visibility to the main retail corridor and is situated in a densely populated trade area, surrounded by numerous national and regional retailers. AutoZone and Chuck E Cheese are co-located on the property.

Key Highlights

  • Excellent visibility to the main retail corridor.
  • Close proximity to Northtown Mall.
  • Newly remodeled property & facade in 2018.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55434, MN

31,776
Population
12,221
Households
2.6
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
8.9 sq mi
ZIP Area
3,570
Density / Sq Mi
$88,163
Median Household Income
$45,682
Median Earnings
$1,703
Median Rent
$269,600
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?
Shopping center - Redeveloped retail space with excellent visibility and convenient parking.
Where is this shopping center located?
The property is located at 8949 University Ave NE Blaine, MN.
What are key features of this property?
This property features: Excellent visibility to the main retail corridor.; Close proximity to Northtown Mall.; Newly remodeled property & facade in 2018.
More about this property
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