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Freestanding CVS with HealthHub
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4050 Dean Lakes Blvd, Shakopee, MN 55379

Freestanding CVS on 1.73 acres with a HealthHub and more than 10 years remaining on the lease term.

Property Size14,699 SF
Lot Size1.73 Acres
Days on Market136

Property Features for 4050 Dean Lakes Blvd

General Information

Standard status Active
Size 14,699 SF
Lot size 1.73 Acres
Property subtype Retail

Additional Details

Traffic Count 35,000 vehicles/day
Listing Agency: Venture Commercial
Listed By: John Zikos · License #TX 375018
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 12:37PM

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 Venture Commercial

Investment Insights

Based on property information with market context.

Freestanding CVS pharmacy totaling 14,699 square feet sits on 1.73 acres of land. The property includes a HealthHub, reflecting upgrades to the site. Lease structure provides over 10 years remaining on the initial term, including a rent holiday for the final three years, along with 10 additional five-year options.

The site is located at the SEC of Dean Lakes Blvd and Mystic Lake Dr in Shakopee, Minnesota, approximately 16 miles from Minneapolis. This outparcel to Lowe’s benefits from reported traffic of over 35,000 vehicles passing through the intersection of Dean Lakes Blvd and Mystic Lake Dr daily.

The property benefits from a surrounding trade area with reported population and household income metrics within a 1-mile and 3-mile radius.

Key Highlights

  • Freestanding CVS building totaling 14,699 SF on 1.73 acres of land
  • Lease features 10+ years remaining on the initial term, including a rent holiday for the final three years
  • Lease includes 10 additional five‑year options

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Auto Repair Shop Daycare Center Kitchen & Bath Showroom

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

35,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby
Balanced
Demand for This Use

Demographics for 55379, MN

48,254
Population
18,028
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
93%
High-School Grad
57.9 sq mi
ZIP Area
833
Density / Sq Mi
$109,824
Median Household Income
$55,390
Median Earnings
$1,540
Median Rent
$366,300
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?
Drug store - Freestanding CVS on 1.73 acres with a HealthHub and more than 10 years remaining on the lease term.
Where is this drug store located?
The property is located at 4050 Dean Lakes Blvd Shakopee, MN.
What are key features of this property?
This property features: Freestanding CVS building totaling 14,699 SF on 1.73 acres of land; Lease features 10+ years remaining on the initial term, including a rent holiday for the final three years; Lease includes 10 additional five‑year options
(214) 378-1212 Call to check price and availability
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