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Multi-Tenant Strip Center
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19112-19144 Freeport Ave, Elk River, MN 55330

Multi-tenant retail center positioned directly off US-169 and shadow-anchored by Cub Foods.

Property SizeContact for details
Days on Market144

Property Features for 19112-19144 Freeport Ave

General Information

Standard status Active
Property subtype Retail
Occupancy 82%

Site & Location

Anchor Co-Tenants Cub Foods
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: JLL - Minneapolis, Minnesota
Listed By: Matt Hazelton · License #MN 40449423
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 6:20AM

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 JLL - Minneapolis, Minnesota

Investment Insights

Based on property information with market context.

The Shops of Elk River is a fee-simple, multi-tenant strip center offered for sale. The property is shadow-anchored by Cub Foods and currently reports 82% occupancy, providing an established retail setting with available space within the center.

Located at 19112-19144 Freeport Ave in Elk River, Minnesota, the property sits directly off US-169, the area’s primary north-south roadway. The surrounding area includes new residential and commercial development, along with upgrades to nearby roadways. More than 25,000 residents live within a three-mile radius.

Key Highlights

  • 82% occupied multi‑tenant strip center
  • Shadow‑anchored by Cub Foods
  • Directly off US‑169, Elk River’s primary north‑south roadway

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Auto Parts Store Building Supply Law Firm

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

82%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

983
Businesses Nearby
211k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Shops & Services 24% Electronics 2% Beauty & Spa 1%
McDonald's Dining
29,077 visits/mo 0.1 miles
Holiday Station Store Shops & Services
27,810 visits/mo 0.1 miles
Taco Bell Dining
18,594 visits/mo 0.4 miles
Starbucks Dining
15,190 visits/mo 0.5 miles
SONIC Drive In Dining
13,507 visits/mo 0.5 miles

Demographics for 55330, MN

43,626
Population
16,796
Households
2.6
Avg Household Size
37
Median Age
33%
College-Educated
94%
High-School Grad
106.6 sq mi
ZIP Area
409
Density / Sq Mi
$111,481
Median Household Income
$59,332
Median Earnings
$1,356
Median Rent
$355,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-tenant retail center positioned directly off US-169 and shadow-anchored by Cub Foods.
Where is this strip mall located?
The property is located at 19112-19144 Freeport Ave Elk River, MN.
What are key features of this property?
This property features: 82% occupied multi‑tenant strip center; Shadow‑anchored by Cub Foods; Directly off US‑169, Elk River’s primary north‑south roadway
(612) 396-7723 Call to check price and availability
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