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Grocery-Anchored Shopping Center
New
For Lease
$1,359/Mo

17650 - 17756 Kenwood Trail, Lakeville, MN 55044

Lakeville center offers restaurant, retail, and outlot development space within an established commercial setting.

Space Size1,359 SF - 3,600 SF
Property Size109,869 SF
Days on Market3

Property Features for 17650 - 17756 Kenwood Trail

General Information

Standard status Active
Size 1,359 SF - 3,600 SF
Net Rentable 1,574 SF
Property subtype Retail

Space & Availability

Available Space 1,359-3,600 SF
Contiguous Space 3,600 SF
Space Use Restaurant

Site & Location

Anchor Co-Tenants Cub Foods, Dollar Tree, Starbucks, Aveda Salon, Erbert & Gerberts
Traffic Count 28,740 vehicles/day
Road Access Yes

Building Details

Building Size 109,869 SF
Tenancy Multi
Listing Agency: Minneapolis - St. Paul
Listed By: Lauren Kessler · License #40409856
Source: Colliers
Added: Aug 9 Changed: Aug 10 Last Checked: Aug 11 at 4:37AM

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.

Argonne Village is a 109,869-square-foot shopping center with a grocery anchor and a mix of national, regional, and local retailers. Current opportunities include Suite 7, a 1,574-square-foot second-generation restaurant space; Suite 13, a 1,359-square-foot retail space; and approximately 3,600 square feet designated for outlot development.

The property is located at 17650–17756 Kenwood Trail in Lakeville, Minnesota, approximately 20 miles south of Minneapolis. Multiple access points serve the center, which is positioned along Kenwood Trail. Existing retailers include Cub Foods, Dollar Tree, Starbucks, Aveda Salon, and Erbert & Gerbert’s.

Key Highlights

  • 109,869‑square‑foot shopping center with grocery anchor
  • Suite 7 includes 1,574 square feet of second‑generation restaurant space
  • Suite 13 offers 1,359 square feet of retail space

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Building Supply Auto Parts Store (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

28,740 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.68 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby
289k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 41% Apparel 27% Shops & Services 15% Groceries 13%
Fleet Farm Apparel
77,570 visits/mo 0.5 miles
Cub Foods Groceries
36,901 visits/mo 0.1 miles
Culver's Dining
24,417 visits/mo 0.2 miles
Starbucks Dining
15,890 visits/mo 0.1 miles
Taco Bell Dining
13,498 visits/mo 0.1 miles

Demographics for 55044, MN

60,446
Population
22,519
Households
2.7
Avg Household Size
37
Median Age
54%
College-Educated
97%
High-School Grad
65.3 sq mi
ZIP Area
926
Density / Sq Mi
$140,612
Median Household Income
$69,991
Median Earnings
$1,730
Median Rent
$464,500
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?
Shopping center - Lakeville center offers restaurant, retail, and outlot development space within an established commercial setting.
Where is this shopping center located?
The property is located at 17650 - 17756 Kenwood Trail Lakeville, MN.
What is the lease rate?
The lease rate is $1,359/Mo.
What are key features of this property?
This property features: 109,869‑square‑foot shopping center with grocery anchor; Suite 7 includes 1,574 square feet of second‑generation restaurant space; Suite 13 offers 1,359 square feet of retail space
More about this property
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