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Office and Retail Complex
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16731 State Hwy 13, Prior Lake, MN 55372

Office and retail complex in Prior Lake's central business district.

Space SizeContact for details
Property Size81,229 SF
Days on Market1048

Property Features for 16731 State Hwy 13

General Information

Standard status Active
Size 81,229 SF
Property subtype Retail
Lease Type Net

Building Details

Building Size 81,229 SF
Year Built 1975
Tenancy Multiple

Spaces For Lease

at 16731 State Hwy 13 Contact us

Suite 117

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 120

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Retail: 118A

Type
Retail
Lease Type
Net
Availability
Active
Contact us

Retail: 118B

Type
Retail
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Suntide Commercial Realty
Listed By: Andy Manthei · License #20366237
Source: Crexi
Added: Oct 9, 2023 Changed: Aug 19 Last Checked: Aug 19 at 5:59AM

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 Suntide Commercial Realty

Investment Insights

Based on property information with market context.

South Lake Village is an office and retail complex that offers both storefront and interior opportunities. Anchored by Lunds & Byerly’s, the property features prime frontage along Highway 13 in Prior Lake’s central business district. The complex includes several dining and entertainment options and abundant parking, making it a commercial destination in an affluent exurb of the Twin Cities.

Key Highlights

  • Anchored by Lunds & Byerly’s, a well‑known and reputable grocery store.
  • Prime frontage along Highway 13 in Prior Lake’s Central Business District.
  • Located in Prior Lake, an affluent exurb of the Twin Cities.

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55372, MN

34,327
Population
12,631
Households
2.7
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
58.5 sq mi
ZIP Area
587
Density / Sq Mi
$140,835
Median Household Income
$66,558
Median Earnings
$1,406
Median Rent
$450,100
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Office and retail complex in Prior Lake's central business district.
Where is this shopping center located?
The property is located at 16731 State Hwy 13 Prior Lake, MN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Anchored by Lunds & Byerly’s, a well‑known and reputable grocery store.; Prime frontage along Highway 13 in Prior Lake’s Central Business District.; Located in Prior Lake, an affluent exurb of the Twin Cities.
(612) 834-2250 Call to check price and availability
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