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Dock-Loaded Flex Space

121 Cheshire Lane, Minnetonka, MN 55305

For Lease
$12,864/Mo CAM $2.12 /USD/SF/YR

Office and warehouse areas share a suite with dock access and air-conditioned warehouse space.

Space Size12,864 SF
Days on Market29

Property Features for 121 Cheshire Lane

General Information

Standard status Active
Size 12,864 SF
Net Rentable 12,864 SF
Property subtype Industrial

Space & Availability

Available Space 12,864 SF
Contiguous Space 12,864 SF
Available From 2027-02-01

Warehouse & Industrial

Clear Height 24 ft
Warehouse Space 8,179 SF
Office Build-Out 4,685 SF
Dock-High Doors 2
Conditioned Warehouse Yes

Additional Details

CAM $2.12 /SF/YR
Highway Access Yes

Amenities

local trails
outdoor seating areas
Listing Agency: Minneapolis - St. Paul
Listed By: Ryan Krzmarzick
Source: Colliers
Added: Oct 12 Changed: Nov 7 Last Checked: Nov 7 at 9:16PM

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 Minneapolis - St. Paul

Rey
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Investment Insights

Based on property information with market context.

Unit 400 offers 12,864 square feet, divided between 4,685 square feet of office space and 8,179 square feet of warehouse space. The warehouse is air-conditioned, has two dock doors, and features 24-foot ceilings.

The suite is part of Carlson Business Center II, an eight-building mixed-use campus in Minnetonka. The property provides access to I-494, Hwy 55, and I-394, and is 15 miles west of Minneapolis. Campus amenities include parking, on-site maintenance, outdoor seating areas, and access to local trails. Unit 400 is scheduled to become available February 1, 2027.

Key Highlights

  • 12,864 SF total: 4,685 SF office and 8,179 SF warehouse
  • Two dock doors; warehouse is fully air‑conditioned
  • 24‑foot warehouse ceilings

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Butcher Florist Locksmith Electrical 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

24 ft
Clear height
2
Dock-high doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,001
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55305, MN

21,533
Population
10,463
Households
2.1
Avg Household Size
42
Median Age
61%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
2,315
Density / Sq Mi
$106,480
Median Household Income
$64,802
Median Earnings
$1,774
Median Rent
$442,200
Median Home Value

Market

Properties on Market for Flex space in Minnetonka

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse areas share a suite with dock access and air-conditioned warehouse space.
Where is this flex space located?
The property is located at 121 Cheshire Lane Minnetonka, MN.
What is the lease rate?
The lease rate is $12,864/Mo.
What are key features of this property?
This property features: 12,864 SF total: 4,685 SF office and 8,179 SF warehouse; Two dock doors; warehouse is fully air‑conditioned; 24‑foot warehouse ceilings
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