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Falcon Heights Retail Center Space
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1533-1559 West Larpenteur Avenue, Falcon Heights, MN 55113

Retail center in Falcon Heights near Rosedale and HarMar malls.

Days on Market1229

Property Features for 1533-1559 West Larpenteur Avenue

General Information

Standard status Active
Property subtype Retail, Office

Building Details

Year Built 1985
Listing Agency: Wellington Management Inc
Listed By: Justin Bryant · License #MN
Source: Crexi
Added: Mar 22, 2023 Changed: Jul 10 Last Checked: Jul 30 at 12:31PM

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 Wellington Management Inc

Investment Insights

Based on property information with market context.

Constructed in 1985, Falcon Crossing is a neighborhood retail center located at the corner of Larpenteur and Snelling Avenues in the heart of Falcon Heights. This brick building is located just south of Rosedale and HarMar malls and near the University of Minnesota’s St. Paul campus and the Minnesota State Fairgrounds. The building's exterior and landscaping have been upgraded. The location has remained popular with local tenants, with the project consistently remaining close to fully occupied. The tenant mix includes national retailers like Jimmy John’s and Toppers, as well as local businesses like Golden Tailor, Merwin Liquor and New Fresh Wok. The property is located at 1533-1559 West Larpenteur Avenue, Falcon Heights, MN 55113.

Key Highlights

  • High‑demand location at the corner of Larpenteur and Snelling Avenues in the heart of Falcon Heights.
  • Close proximity to Rosedale and HarMar malls, University of Minnesota's St. Paul campus, and the Minnesota State Fairgrounds.
  • Consistently high occupancy rates.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Computer & Electronic Repair Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby
32k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 84% Dining 16%
Speedway Shops & Services
11,254 visits/mo 0.4 miles
BP Shops & Services
10,805 visits/mo 0.1 miles
Jimmy John's Dining
2,467 visits/mo 0.0 miles
Tires Plus Shops & Services
2,433 visits/mo 0.4 miles
O'Reilly Auto Parts Shops & Services
2,229 visits/mo 0.4 miles

Demographics for 55113, MN

41,699
Population
19,075
Households
2.2
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
14.8 sq mi
ZIP Area
2,818
Density / Sq Mi
$86,830
Median Household Income
$49,820
Median Earnings
$1,353
Median Rent
$331,200
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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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM — 2100 Snelling Ave N, Roseville, MN 55113
  • Coinstar Kiosk | Bitcoin ATM — 1201 larpenteur ave w, st paul, mn 55113
  • Coin Cloud Bitcoin ATM — 1201 Larpenteur Ave W, Roseville, MN 55113
  • HarMar Mall — 2100 Snelling Ave N, Roseville, MN 55113
  • Coinstar Kiosk | Bitcoin ATM — Cub Foods, 1201 Larpenteur Ave W, St Paul, MN 55113

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center in Falcon Heights near Rosedale and HarMar malls.
Where is this shopping center located?
The property is located at 1533-1559 West Larpenteur Avenue Falcon Heights, MN.
What are key features of this property?
This property features: High‑demand location at the corner of Larpenteur and Snelling Avenues in the heart of Falcon Heights.; Close proximity to Rosedale and HarMar malls, University of Minnesota's St. Paul campus, and the Minnesota State Fairgrounds.; Consistently high occupancy rates.
(651) 999-5548 Call to check price and availability
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