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    13501 Business Center Dr NW Elk River, MN 55330

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    For Lease
    $17 SF/Yr ($2,316 /Mo)

    19,544 SF retail center with highway visibility for lease.

    Property size:
    1,635 SF
    Lot size:
    3.31 Acres

    Property Features for 13501 Business Center Dr NW

    General Information

    Size
    1,635 SF
    Lot size
    3.31 Acres

    Source: Premier Commercial Properties Agent Richard A Lee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center on Highway 10

    This 19,544 square foot retail center experiences significant traffic flow. Situated on Highway 10, the location benefits from high traffic volume, with 25,344 vehicles per day recorded in 2024 by MNDOT. The property features monument and building signage opportunities along Highway 10. Its location offers close proximity to Sherburne County Offices and Elk River City Hall. The property contains 1,635 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elk River
    County
    Sherburne
    State
    Minnesota
    Longitude
    -93.6113555
    Latitude
    45.3056718

    Nearby Similar for Lease

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      Retail Pad Sites For Lease

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    FAQs

    What type of property is this?
    Shopping center - 19,544 SF retail center with highway visibility for lease.
    Where is this shopping center located?
    The property is located at 13501 Business Center Dr NW Elk River, MN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - High Traffic Location: Situated on Hwy 10 with significant daily traffic (25,344 VPD).; - Sizeable Retail Center: Substantial 19,544 Sq. Ft. retail space.; - Monument and Building Signage: Offers prominent signage opportunities on Hwy 10.
    (612) 718-9919
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    13501 Business Center Dr NW Elk River, MN 55330
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    Elk River, MN 55330
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13501 Business Center Dr NW Elk River, MN 55330
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