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Retail Redevelopment on Broadway Avenue
For Lease
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Broadway Ave & I-35, Forest Lake, MN 55025

Retail space for lease in Forest Lake, Minnesota.

Days on Market146

Property Features for Broadway Ave & I-35

General Information

Standard status Active
Property subtype Retail
Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Tricia Pitchford
Source: Midamericagrp
Added: Mar 7 Changed: Jul 10 Last Checked: Jul 30 at 4:22AM

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 Mid-America Real Estate-Minnesota LLC

Investment Insights

Based on property information with market context.

This retail redevelopment is located on Broadway Avenue in Forest Lake. The site features a drive-thru, patio seating, and pylon signage visible from Interstate 35. The location benefits from exposure to 72,000 vehicles per day on I-35 and 23,000 vehicles per day on Broadway Avenue. Area retailers include Walmart, Walgreens, and Target. The property is 100% leased.

Key Highlights

  • 100% Leased: Provides immediate income.
  • High Traffic Exposure: Incredible visibility with 72,000 vehicles per day on I‑35 and 23,000 vehicles per day on Broadway Avenue.
  • New Retail Redevelopment: Features modern construction and design.

Property Analytics

Current Use

Retail space

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

32
Businesses Nearby

Demographics for 55025, MN

25,784
Population
10,522
Households
2.5
Avg Household Size
40
Median Age
36%
College-Educated
94%
High-School Grad
77.1 sq mi
ZIP Area
334
Density / Sq Mi
$95,993
Median Household Income
$51,041
Median Earnings
$1,355
Median Rent
$385,800
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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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease in Forest Lake, Minnesota.
Where is this retail space located?
The property is located at Broadway Ave & I-35 Forest Lake, MN.
What are key features of this property?
This property features: 100% Leased: Provides immediate income.; High Traffic Exposure: Incredible visibility with 72,000 vehicles per day on I‑35 and 23,000 vehicles per day on Broadway Avenue.; New Retail Redevelopment: Features modern construction and design.
More about this property
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