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Back Corner Retail Suite
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510-500 Jefferson Hwy N, Champlin, MN 55316

Back corner unit in a strip mall with front and rear entrances, parking at both ends, and two bathrooms.

Property Size2,500 SF
Price / SF$1.56
Days on Market926

Property Features for 510-500 Jefferson Hwy N

General Information

Standard status Active
Size 2,500 SF

Additional Details

Lease Term 36 months
Listing Agency: Coldwell Banker Realty
Listed By: Ryan Kempenich
Source: Exprealty
Added: Feb 23, 2024 Changed: Aug 20 Last Checked: Sep 6 at 9:53AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This for-sale retail suite is a 2,500-square-foot back corner unit within a strip mall. The space includes two bathrooms and features both front and back entrances, with parking available in front and at the rear of the building. The property is described as build-to-suit, allowing the layout to be tailored to an approved use.

The offering is subject to a 3-year lease with an option to extend. The seller’s remarks also note use restrictions: no barber shops, event centers, or alcohol sales.

Additional considerations include the suite’s position as a back corner unit and the convenience of dedicated parking access at both the front and rear, supporting day-to-day customer flow from multiple points of entry.

Key Highlights

  • 2500 SF back corner unit in a strip mall
  • Parking available in front and rear of the building
  • Front and back entrances for the unit

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Restaurant Storage Facility Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55316, MN

23,919
Population
8,932
Households
2.7
Avg Household Size
40
Median Age
37%
College-Educated
98%
High-School Grad
8.2 sq mi
ZIP Area
2,917
Density / Sq Mi
$115,719
Median Household Income
$56,798
Median Earnings
$1,597
Median Rent
$338,400
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?
Storefront property - Back corner unit in a strip mall with front and rear entrances, parking at both ends, and two bathrooms.
Where is this storefront property located?
The property is located at 510-500 Jefferson Hwy N Champlin, MN.
What are key features of this property?
This property features: 2500 SF back corner unit in a strip mall; Parking available in front and rear of the building; Front and back entrances for the unit
More about this property
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