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Flex Space with Warehouse
For Lease
$4,524/Mo

111 Cheshire Lane, Minnetonka, MN 55305

Multi-suite commercial space combines office areas with warehouse functionality and multiple loading configurations.

Space SizeContact for details
Days on Market132

Property Features for 111 Cheshire Lane

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Minneapolis - St. Paul
Listed By: Ryan Krzmarzick
Source: Colliers
Added: Apr 21 Changed: Aug 30 Last Checked: Aug 30 at 5:45AM

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.

Carlson Business Center I is a 1996 flex-space building within an eight-building business campus. The 56,865-square-foot facility offers 18-foot clear height, 40' x 40' column spacing, and multiple office-to-warehouse configurations. Unit 200 is air-conditioned in the warehouse area.

Currently available options include a combined 13,784-square-foot configuration with 9,603 square feet of office space and 4,181 square feet of warehouse space, plus one dock door and one drive-in. Demised suites include Unit 100 at 9,260 square feet and Unit 200 at 4,524 square feet. Unit 700 provides 5,576 square feet with a set of double doors that can be converted to a drive-in.

Key Highlights

  • 1996 flex‑space building with 56,865 SF
  • 18' clear height and 40' x 40' column spacing
  • Combined Unit 100+200 totals 13,784 SF

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Butcher Florist Locksmith Electrical 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
$0.42 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55305, MN

21,533
Population
10,463
Households
2.1
Avg Household Size
42
Median Age
61%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
2,315
Density / Sq Mi
$106,480
Median Household Income
$64,802
Median Earnings
$1,774
Median Rent
$442,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-suite commercial space combines office areas with warehouse functionality and multiple loading configurations.
Where is this flex space located?
The property is located at 111 Cheshire Lane Minnetonka, MN.
What is the lease rate?
The lease rate is $4,524/Mo.
What are key features of this property?
This property features: 1996 flex‑space building with 56,865 SF; 18' clear height and 40' x 40' column spacing; Combined Unit 100+200 totals 13,784 SF
More about this property
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