Hi-Lake Shopping Center Retail
For Lease
Contact for pricing
2216-2218 Lake St E, Minneapolis, MN
Retail space in renovated shopping center with high visibility.
Space Size600 SF - 10,262 SF
Lot Size6.70 Acres
Days on Market716
Property Features for 2216-2218 Lake St E
General Information
Standard status
Active
Size
600 SF - 10,262 SF
Lot size
6.70 Acres
Property subtype
RETAIL
Spaces For Lease
at 2216-2218 Lake St E Contact us- Floor
- 1
- Size
- 10,262 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
Hi Lake Center - Retail Space for Lease
- Located adjacent to Light Rail Station, just minutes from
downtown Minneapolis
-...
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Contact us
- Floor
- 1
- Size
- 1,911 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
Former Little Caesars in Hi-Lake Shopping Center
The Hi-Lake Shopping Center has been a part of the Phillips community for more than...
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Contact us
- Floor
- 1
- Size
- 600 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Lease Type
- NNN
- Availability
- AVAILABLE
- Sublease
- No
Storage Space for Lease in Hi-Lake Shopping Center
The Hi-Lake Shopping Center has been a part of the Phillips community for more than...
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Contact us
Listing Agency:
Wellington Management Inc
(651) 999-5515
Listed By:
Greg Croucher
Source:
Moodyscre
Added: Sep 6, 2024
Changed: Aug 8
Last Checked: Aug 21 at 1:37PM
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 Wellington Management Inc
Investment Insights
Based on property information with market context.
The Hi-Lake Shopping Center, part of the Phillips community for over 50 years, underwent a major repositioning and renovation starting in 2004. This included a new canopy, facade, storefronts, parking lot, landscaping, and two separate buildings in the outlots along Lake Street. The shopping center, adjacent to the light rail, was restored in 2020-2021 and welcomed a new Burlington. The property is part of a larger portfolio of work along the Lake & Hiawatha corridors, which includes 424 transit-oriented residential units. Retailers benefit from significant foot traffic from residents and light rail riders, as well as high visibility on Hiawatha Avenue. The available retail space measures 1891 square feet.
Key Highlights
- Light rail‑adjacent location provides high foot traffic and accessibility.
- Recently renovated in 2020‑2021 after Lake Street riots, ensuring a modern and appealing shopping environment.
- Part of a larger 25‑acre development with 424 transit‑oriented residential units, creating a built‑in customer base.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,333
Businesses Nearby
129k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 33%
Apparel 23%
Electronics 1%
Raising Cane's Chicken Fingers
Dining
34,962 visits/mo
0.2 miles
Burlington
Apparel
24,562 visits/mo
0.1 miles
MotoMart
Shops & Services
17,702 visits/mo
0.5 miles
Dollar Tree
Shops & Services
15,879 visits/mo
0.1 miles
Marathon
Shops & Services
10,333 visits/mo
0.5 miles
Market
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail space in renovated shopping center with high visibility.
Where is this shopping center located?
The property is located at 2216-2218 Lake St E Minneapolis, MN.
What are key features of this property?
This property features: Light rail‑adjacent location provides high foot traffic and accessibility.; Recently renovated in 2020‑2021 after Lake Street riots, ensuring a modern and appealing shopping environment.; Part of a larger 25‑acre development with 424 transit‑oriented residential units, creating a built‑in customer base.
