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Chanhassen Warehouse and Distribution Space
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19011 Lake Drive East, Chanhassen, MN 55317

Warehouse and distribution property with highway access and visibility.

Space SizeContact for details
Days on Market284

Property Features for 19011 Lake Drive East

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE - Minnesota
Listed By: Tom Bennett
Source: Cbre
Added: Nov 24, 2025 Changed: Sep 4 Last Checked: Aug 8 at 2:54AM

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 property, owned by Nicola Wealth, offers 156,333 square feet of warehouse and distribution space. The total development encompasses 464,204 square feet across nine buildings. The property features heavy power availability and provides convenient access to Highway 5 and Highway 212. Dock and grade-level loading are available. Located in Chanhassen, Minnesota, the property benefits from excellent visibility from Highway 5 and is situated near numerous area amenities.

Key Highlights

  • Excellent Hwy 5 visibility
  • Easy access to Hwy 5 and Highway 212
  • 464,204 total SF in 9 buildings

Property Analytics

Current Use

The Bernard Group Business To Business Service Redbox Cinema

Suggested Use

Top Pick Building Supply Restaurant Law Firm Auto Parts Store Kitchen & Bath Showroom Pharmacy

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

390
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?
Warehouse - Warehouse and distribution property with highway access and visibility.
Where is this warehouse located?
The property is located at 19011 Lake Drive East Chanhassen, MN.
What are key features of this property?
This property features: Excellent Hwy 5 visibility; Easy access to Hwy 5 and Highway 212; 464,204 total SF in 9 buildings
More about this property
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