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Freestanding Retail Storefront
For Sale
Contact for pricing
Pending

12160 Technology Drive, Eden Prairie, MN 55344

Gander Mountain recently executed a new 15-year lease renewal for the property.

Property Size64,388 SF
Lot Size4.60 Acres
Days on Market42

Property Features for 12160 Technology Drive

General Information

Standard status Pending
Size 64,388 SF
Lot size 4.60 Acres
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: CBRE Minneapolis
Listed By: James Leary · License #MN 392718
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 2:20PM

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 CBRE Minneapolis

Investment Insights

Based on property information with market context.

This freestanding retail property contains 64,388 square feet on approximately 4.6 acres in Eden Prairie, Minnesota. Built specifically for Gander Mountain, the facility serves as the retailer’s flagship store and is occupied under a recently executed 15-year lease renewal, with escalations scheduled every five years.

The property sits at the intersection of I-494 and Hwy 212, providing prominent exposure to regional roadway traffic and functioning as primary billboard signage for the store. It is positioned within Eden Prairie’s established retail market, which includes approximately 4 million square feet of retail space and 1% vacancy. The surrounding three-mile area has a population of 52,694, while no competing retailers are located within a six-mile radius.

Key Highlights

  • 64,388‑square‑foot freestanding retail building on approximately 4.6 acres
  • New 15‑year lease renewal with Gander Mountain
  • Build‑to‑suit flagship store for Gander Mountain

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Storage Facility Electrical Service Garden Center Big Box & Wholesale Store (Bike/Boat/Book/etc) 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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,707
Businesses Nearby
600k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 37% Shops & Services 25% Dining 19% Home Improvements & Furnishings 9%
Costco Wholesale Superstores
125,636 visits/mo 0.3 miles
Walmart Superstores
98,473 visits/mo 0.4 miles
Costco Gasoline Shops & Services
63,135 visits/mo 0.3 miles
Menards Home Improvements & Furnishings
53,387 visits/mo 0.4 miles
Best Buy Electronics
35,941 visits/mo 0.3 miles

Demographics for 55344, MN

15,837
Population
7,416
Households
2.1
Avg Household Size
35
Median Age
61%
College-Educated
92%
High-School Grad
8.9 sq mi
ZIP Area
1,779
Density / Sq Mi
$89,590
Median Household Income
$64,278
Median Earnings
$1,725
Median Rent
$351,600
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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Similar Off Market Nearby

  • Cub Foods Florist 8015 Den Rd, Eden Prairie, MN 55344

Frequently Asked Questions

What type of property is this?
Storefront property - Gander Mountain recently executed a new 15-year lease renewal for the property.
Where is this storefront property located?
The property is located at 12160 Technology Drive Eden Prairie, MN.
What are key features of this property?
This property features: 64,388‑square‑foot freestanding retail building on approximately 4.6 acres; New 15‑year lease renewal with Gander Mountain; Build‑to‑suit flagship store for Gander Mountain
More about this property
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