Listing Agency: Phillips Edison & Company Show Phone

Listed By: Andy Schneider Show Phone

Source: Moodyscre

Added: May 20 Changed: Jul 31 Last Checked: Jul 31 at 3:47AM

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Investment Insights

Based on property information with market context.

This Coborn's-anchored shopping center offers retail space for lease, with plans that include new development. The property is located at 200 Alton Ave in New Prague, MN 56071.

Situated in the southwest portion of the Minneapolis-St. Paul metro area, the center provides easy access via I-35. The available space totals 1,900 SF.

The center’s anchored tenant and lease-focused configuration make it a fit for retailers seeking a shopping-center environment in the New Prague area.

Key Highlights

• Coborn's‑anchored shopping center with retail space for lease
• 1,900 SF retail space
• Access via I‑35

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Nail Salon Electrical Service Spa & Massage Center Dental Office

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

283

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56071, MN

12,913

Population

4,773

Households

2.7

Avg Household Size

38

Median Age

33%

College-Educated

97%

High-School Grad

85.9 sq mi

ZIP Area

150

Density / Sq Mi

$109,672

Median Household Income

$54,600

Median Earnings

$1,183

Median Rent

$373,000

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

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar For Rent Nearby

Retail Center with Coborn's Anchor

200 Alton Ave, New Prague, MN 56071

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1,200 sqft

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Retail Space in New Prague

200 Alton Avenue, New Prague, MN 56071

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail space in a Coborn's-anchored shopping center with access via I-35 and new development underway.

Where is this shopping center located?

The property is located at 200 Alton Ave New Prague, MN.

What are key features of this property?

This property features: Coborn's‑anchored shopping center with retail space for lease; 1,900 SF retail space; Access via I‑35