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Flex Space in Business Park
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18640-18690 Lake Dr E, Chanhassen, MN 55317

Flexible commercial space with highway frontage and access to major regional routes.

Property Size13,798 SF
Days on Market62

Property Features for 18640-18690 Lake Dr E

General Information

Standard status Active
Size 13,798 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Flex

Building Details

Buildings 10
Listing Agency: CBRE - Minnesota
Listed By: Tom Bennett
Source: Moodyscre
Added: Jun 1 Changed: Jul 31 Last Checked: Jul 31 at 10:00AM

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 CBRE - Minnesota

Investment Insights

Based on property information with market context.

This flex space is part of Dell Five, a 10-building business park spanning 60 acres in Chanhassen’s Southwest submarket. The park offers 620,000 square feet of flexible space, with this property comprising 13,798 square feet.

The business park provides significant frontage on Highway 5 and convenient access to Highways 212 and I-494. Located at 18640-18690 Lake Dr E, the property is positioned within a larger commercial campus serving flexible-space users.

Key Highlights

  • 13,798‑square‑foot flex space
  • Part of Dell Five, a 10‑building business park
  • Business park spans 60 acres

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Building Supply Law Firm Spa & Massage Center Hair Salon Nail Salon

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial space with highway frontage and access to major regional routes.
Where is this flex space located?
The property is located at 18640-18690 Lake Dr E Chanhassen, MN.
What are key features of this property?
This property features: 13,798‑square‑foot flex space; Part of Dell Five, a 10‑building business park; Business park spans 60 acres
(952) 924-4897 Call to check price and availability
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