Search
Cub Foods-Anchored Shopping Center
New
For Lease
Contact for pricing

20250 Heritage Dr, Lakeville, MN 55044

Retail center with an established grocery anchor and a mix of shops and service-oriented businesses.

Space SizeContact for details
Days on Market4

Property Features for 20250 Heritage Dr

General Information

Standard status Active
Property subtype Retail

Spaces For Lease

at 20250 Heritage Dr Contact us

#1

Availability
Active
Contact us
Listing Agency: MCB Real Estate, LLC
Listed By: Erik Ylitalo · License #NY
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 3:00PM

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 MCB Real Estate, LLC

Investment Insights

Based on property information with market context.

Heritage Commons is a 130,692-square-foot shopping center anchored by Cub Foods and configured for a combination of retail and service uses. The property is located at 20250 Heritage Dr in Lakeville, Minnesota, approximately 18 miles south of downtown Minneapolis.

The center offers access to major highways and serves a suburban trade area. Its grocery anchor and range of retail and service offerings provide a practical setting for commercial tenants seeking space within an established shopping center.

Key Highlights

  • 130,692‑square‑foot shopping center
  • Anchored by Cub Foods
  • Retail and service tenant mix

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

higi Physician Cub Pharmacy Pharmacy Coinstar Kiosk | Bitcoin ... Atm Coin Cloud Bitcoin ... Atm MoneyGram Bank

Suggested Use

Top Pick Restaurant Hair Salon Big Box & Wholesale Store Spa & Massage Center Pharmacy 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
98k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Groceries 32% Dining 24%
Cub Foods Groceries
31,456 visits/mo 0.1 miles
Kwik Trip Shops & Services
30,477 visits/mo 0.2 miles
McDonald's Dining
19,571 visits/mo 0.2 miles
U.S. Bank Shops & Services
4,901 visits/mo 0.3 miles
Wag N' Wash Shops & Services
3,748 visits/mo 0.2 miles

Demographics for 55044, MN

60,446
Population
22,519
Households
2.7
Avg Household Size
37
Median Age
54%
College-Educated
97%
High-School Grad
65.3 sq mi
ZIP Area
926
Density / Sq Mi
$140,612
Median Household Income
$69,991
Median Earnings
$1,730
Median Rent
$464,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Elite Home Services 9721 206th st w, lakeville, mn 55044
  • Lakeville Mall 20711 Holt Ave, Lakeville, MN 55044
  • Coinstar Kiosk | Bitcoin ATM SuperValu, 20250 Heritage Dr #1, Lakeville, MN 55044
  • Coin Cloud Bitcoin ATM 20250 Heritage Dr, Lakeville, MN 55044

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with an established grocery anchor and a mix of shops and service-oriented businesses.
Where is this shopping center located?
The property is located at 20250 Heritage Dr Lakeville, MN.
What are key features of this property?
This property features: 130,692‑square‑foot shopping center; Anchored by Cub Foods; Retail and service tenant mix
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message