Listing Agency: Suntide Commercial Realty, Inc. Show Phone

Listed By: Derrick Jensen Show Phone

Source: Moodyscre

Added: Oct 6, 2021 Changed: Jul 10 Last Checked: Jul 21 at 6:33AM

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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 Suntide Commercial Realty, Inc.

Investment Insights

Based on property information with market context.

This retail property, comprising 10,641 square feet, has been recently remodeled. The location benefits from the presence of Friar Tuck’s Bar & Grill, which attracts customers during lunch and dinner hours. Situated on Highway 61, the property serves as an entry point for neighboring communities, including Columbus, Scandia, and Hugo.

Key Highlights

• Recently remodeled
• Hwy 61 entry point to neighboring communities
• Friar Tuck’s Bar & Grill keeps the center busy during lunch and dinner hours

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nail Salon Hair Salon Plumbing Service

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

250

Businesses Nearby

31k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar Tree Shops & Services

16,891 visits/mo 0.4 miles

MotoMart Shops & Services

14,351 visits/mo 0.1 miles

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 - Recently remodeled retail space with highway access and established restaurant.

Where is this shopping center located?

The property is located at 1480 Lake St S Forest Lake, MN.

What are key features of this property?

This property features: Recently remodeled; Hwy 61 entry point to neighboring communities; Friar Tuck’s Bar & Grill keeps the center busy during lunch and dinner hours