Corner Grocery-Anchored Retail
For Lease
$1,813/Mo NNN + CAM $6.47 /SF/Yr
420 - 438 Pond Promenade, Chanhassen, MN 55317
Suite 426 offers 1,813 SF in a grocery-anchored retail center with prominent corner visibility and ample parking.
Space SizeContact for details
Days on Market39
Property Features for 420 - 438 Pond Promenade
General Information
Standard status
Active
Total Parking Spaces
55
Property subtype
Retail
Lease Type
NNN
Site & Location
Traffic Count
37,124 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Minneapolis - St. Paul
(952) 897-7748
Listed By:
Marilyn Fritze · License #40191437
(952) 897-7748
Source:
Colliers
Added: Jul 15
Changed: Aug 14
Last Checked: Aug 22 at 3:33AM
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
Investment Insights
Based on property information with market context.
Available for lease, Suite 426 is a 1,813 SF retail storefront within a grocery-anchored shopping center. The center is positioned to serve daily shopping traffic and features prominent frontage with convenient customer ingress and egress.
The retail center sits at the SW corner of Hwy 5 and Great Plains Blvd, with high-visibility access for shoppers. Nearby road traffic includes Hwy 5 at 37,124 VPD and Great Plains Blvd at 7,277 VPD. The property also benefits from approximately 55 surface parking stalls for quick-stop and destination shopping.
The tenant mix includes national and regional brands such as Target, Cub Foods, Aldi, Chick-fil-A, Walgreens, Total Wine, and Culver’s, along with in-line co-tenants including Bonsai Sushi, StretchLab, ATA Chanhassen Martial Arts, Studio Pilates, Dentistry on the Ponds, and Johnson Fitness & Wellness. Lease terms are NNN, with 2026 CAM listed at $6.47 PSF and tax at $4.68 PSF, with a $25.00 PSF lease rate.
The retail center sits at the SW corner of Hwy 5 and Great Plains Blvd, with high-visibility access for shoppers. Nearby road traffic includes Hwy 5 at 37,124 VPD and Great Plains Blvd at 7,277 VPD. The property also benefits from approximately 55 surface parking stalls for quick-stop and destination shopping.
The tenant mix includes national and regional brands such as Target, Cub Foods, Aldi, Chick-fil-A, Walgreens, Total Wine, and Culver’s, along with in-line co-tenants including Bonsai Sushi, StretchLab, ATA Chanhassen Martial Arts, Studio Pilates, Dentistry on the Ponds, and Johnson Fitness & Wellness. Lease terms are NNN, with 2026 CAM listed at $6.47 PSF and tax at $4.68 PSF, with a $25.00 PSF lease rate.
Key Highlights
- For lease: Suite 426 offers 1,813 SF in a grocery‑anchored retail center.
- Lease rate $25.00 PSF NNN; 2026 CAM $6.47 PSF and tax $4.68 PSF for Suite 426.
- Strategic SW corner location at Hwy 5 & Great Plains Blvd with prominent frontage and customer access.
Property Analytics
Property Profile
Current Use
Lease Details
37,124 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$6.47 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
857
Businesses Nearby
322k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Groceries 30%
Shops & Services 15%
Beauty & Spa 3%
Total Wine & More
Groceries
39,100 visits/mo
0.1 miles
Cub Foods
Groceries
38,808 visits/mo
0.4 miles
Chick-fil-A
Dining
36,542 visits/mo
0.1 miles
Holiday Station Store
Shops & Services
26,695 visits/mo
0.2 miles
McDonald's
Dining
25,926 visits/mo
0.5 miles
Demographics for 55317, MN
21,774
Population
8,731
Households
2.5
Avg Household Size
41
Median Age
64%
College-Educated
98%
High-School Grad
13.1 sq mi
ZIP Area
1,662
Density / Sq Mi
$133,573
Median Household Income
$65,655
Median Earnings
$1,763
Median Rent
$505,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Suite 426 offers 1,813 SF in a grocery-anchored retail center with prominent corner visibility and ample parking.
Where is this shopping center located?
The property is located at 420 - 438 Pond Promenade Chanhassen, MN.
What is the lease rate?
The lease rate is $1,813/Mo.
What are key features of this property?
This property features: For lease: Suite 426 offers 1,813 SF in a grocery‑anchored retail center.; Lease rate $25.00 PSF NNN; 2026 CAM $6.47 PSF and tax $4.68 PSF for Suite 426.; Strategic SW corner location at Hwy 5 & Great Plains Blvd with prominent frontage and customer access.
