Building Details

Building Size 18,800 SF

Year Built 1967

Tenancy Multiple

Spaces For Lease

at 8409-8421 Center Drive Contact us

#1

Type

Industrial, Office, Retail

Availability

Active

Contact us

Listing Agency: JGM Properties Show Phone

Listed By: Eli Russell · License #MN

Source: Crexi

Added: Sep 22, 2023 Changed: Aug 8 Last Checked: Jul 16 at 7:56AM

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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 JGM Properties

Investment Insights

Based on property information with market context.

This strip center provides retail and showroom frontage, complemented by warehouse and storage options at the building's rear. Grade-level overhead doors facilitate convenient loading. Individual units range from 1,000 to 4,000 square feet, and adjacent units can be combined to create larger spaces exceeding 8,000 square feet. The property's diverse spaces allow for various sizes, combinations, and configurations to suit different business needs. Located off Center Drive in Spring Lake Park, Minnesota, the property offers easy access to Central Ave NE, Hwy 65, Hwy 10, 35W, and 694, enhancing accessibility for customers, clients, and employees. The property is suitable for retail, showroom, warehouse, and office purposes.

Key Highlights

• Versatile space options: retail, showroom, warehouse, and office.
• Units range from 1,000 – 4,000 sq ft, with potential to combine for 8,000+ sq ft.
• Grade‑level overhead doors for easy loading.

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick Pharmacy Garden Center Parking Lot & Garage Storage Facility Gym & Fitness Center Law Firm

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

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

503

Businesses Nearby

Explore this area Business Placement

Demographics for 55432, MN

33,022

Population

13,575

Households

2.4

Avg Household Size

37

Median Age

30%

College-Educated

92%

High-School Grad

9.9 sq mi

ZIP Area

3,336

Density / Sq Mi

$77,985

Median Household Income

$48,417

Median Earnings

$1,308

Median Rent

$278,600

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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What type of property is this? Where is this strip malls located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Retail, showroom, warehouse, and office spaces available for rent.

Where is this strip mall located?

The property is located at 8409-8421 Center Drive Spring Lake Park, MN.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: Versatile space options: retail, showroom, warehouse, and office.; Units range from 1,000 – 4,000 sq ft, with potential to combine for 8,000+ sq ft.; Grade‑level overhead doors for easy loading.