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Leased Retail Shopping Center
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19179 Freeport Street, Elk River, MN 55330

Fully leased center occupied by Starbucks, Sprint, and Leeann Chin.

Property Size8,100 SF
Days on Market145

Property Features for 19179 Freeport Street

General Information

Standard status Active
Size 8,100 SF
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 45,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Jeff Gates · License #CA 01768554
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 1:14PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This retail center at 19179 Freeport Street in Elk River, Minnesota, contains approximately 8,100 square feet of building area and is fully leased. The tenant roster includes Starbucks, Sprint, and Leeann Chin, providing a three-tenant retail configuration within a single shopping center asset.

The property is positioned along Highway 169, where reported average daily traffic exceeds 45,000 vehicles. Surrounding retail includes Cub Supermarket and JoAnn Fabrics, while The Home Depot and Walmart Supercenter are located nearby. The combination of established retail occupancy, a multi-tenant layout, and a high-traffic commercial setting defines the property’s operating profile.

Key Highlights

  • Approximately 8,100 square feet of building area
  • 100% leased to Starbucks, Sprint, and Leeann Chin
  • Located on Highway 169 with traffic exceeding 45,000 VPD

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Restaurant Auto Parts Store Dental Office Storage Facility Building Supply

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

45,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby
249k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 31% Groceries 24% Apparel 2%
Cub Foods Groceries
32,106 visits/mo 0.1 miles
Holiday Station Store Shops & Services
27,810 visits/mo 0.4 miles
Coborn's Groceries
27,015 visits/mo 0.4 miles
Taco Bell Dining
18,594 visits/mo 0.2 miles
Starbucks Dining
15,190 visits/mo 0.1 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?
Shopping center - Fully leased center occupied by Starbucks, Sprint, and Leeann Chin.
Where is this shopping center located?
The property is located at 19179 Freeport Street Elk River, MN.
What are key features of this property?
This property features: Approximately 8,100 square feet of building area; 100% leased to Starbucks, Sprint, and Leeann Chin; Located on Highway 169 with traffic exceeding 45,000 VPD
(415) 231-5231 Call to check price and availability
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