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Mixed-Use Development with Retail
For Lease
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591 W 78th St, Chanhassen, MN 55317

Planned mixed-use project with 14,000+ SF retail/service space and 310 market-rate apartments.

Space Size4,453 SF
Days on Market942

Property Features for 591 W 78th St

General Information

Standard status Active
Size 4,453 SF
Property subtype RETAIL

Additional Details

Multifamily Units 310

Spaces For Lease

at 591 W 78th St Contact us

Retail Space for Lease in Bennett

Floor
1
Size
4,453 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Completion
Sublease
No
Features: • 14,000 +/- SF Retail | Service Space • 310 unit market rate apartments •...
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Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Jesseka B Doherty
Source: Moodyscre
Added: Feb 15, 2024 Changed: Sep 11 Last Checked: Sep 14 at 10:43AM

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 planned mixed-use development includes approximately 14,000+/- square feet of retail and service space along with 310 market-rate apartment units. Structured, convenient parking is included to support both residents and retail users. Construction is scheduled to start in Q1 2025, with delivery expected in Q4 2026.

The project is located at 591 W 78th St in Chanhassen, Minnesota.

Key Highlights

  • Planned mixed‑use project with 310 market‑rate apartments
  • Plans include 14,000+/- SF of retail/service space
  • Structured, convenient parking included in the plan

Property Analytics

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Current Use

Country Inn & Suites ... Hotel & Motel WW Studio @ CountryInn ... Weight Loss Service

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Storage Facility 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

310
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

880
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned mixed-use project with 14,000+ SF retail/service space and 310 market-rate apartments.
Where is this mixed-use property located?
The property is located at 591 W 78th St Chanhassen, MN.
What are key features of this property?
This property features: Planned mixed‑use project with 310 market‑rate apartments; Plans include 14,000+/- SF of retail/service space; Structured, convenient parking included in the plan
(952) 563-6693 Call to check price and availability
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