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Prime Retail Space in Andover
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2218-2288 Bunker Lake Blvd NW, Andover, MN

Thriving retail center with high visibility and easy accessibility.

Property Size4,200 SF
Lot Size9.40 Acres
Days on Market558

Property Features for 2218-2288 Bunker Lake Blvd NW

General Information

Standard status Active
Size 4,200 SF
Lot size 9.40 Acres
Property subtype RETAIL
Listing Agency: HJ Development, Inc.
Listed By: Brian Merz · License #40699119
Source: Moodyscre
Added: Jan 20, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:53AM

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 HJ Development, Inc.

Investment Insights

Based on property information with market context.

Andover Station is a multi-tenant retail center offering 74,938 square feet of commercial space. The property is located at the intersection of Bunker Lake Boulevard and Quinn Street and features a dedicated stoplight at its entrance. The location is a popular shopping destination with a stable anchor tenant and neighboring businesses. The available space features a large open area, a front wall of windows, and three glass doors. A private office includes an interior window for natural light. The space also includes a hallway to men's and women's locker rooms, with restroom facilities and showers (3 for women, 4 for men). The property is clean and well-maintained, with a storage room that includes a utility sink, mechanicals, and room for shelving. The space is located next to Festival Foods in a densely populated area of Andover, Minnesota. The local population has a high purchasing power and a median income of over $131,000 (2023). Andover's economic plan focuses on attracting and supporting businesses, and the city partners with Anoka County to participate in the Open to Business program. The property is located in a high-traffic area with easy access to Highway 10 and Round Lake Boulevard.

Key Highlights

  • High‑traffic location with easy access to Highway 10 and Round Lake Boulevard.
  • Located next to strong anchor tenant, Festival Foods, in a densely populated area.
  • High visibility and easy accessibility with a dedicated stoplight at its entrance.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Law Firm Restaurant Big Box & Wholesale Store Dental Office Auto Parts Store

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
$3.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
250k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 64% Shops & Services 26% Dining 8% Beauty & Spa 1%
Walmart Superstores
97,114 visits/mo 0.4 miles
Target Superstores
63,753 visits/mo 0.2 miles
Kwik Trip Shops & Services
37,909 visits/mo 0.5 miles
Dollar Tree Shops & Services
15,431 visits/mo 0.1 miles
Pizza Ranch Dining
13,276 visits/mo 0.5 miles

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 - Thriving retail center with high visibility and easy accessibility.
Where is this shopping center located?
The property is located at 2218-2288 Bunker Lake Blvd NW Andover, MN.
What is the lease rate?
The lease rate is $21.34 SF/Yr.
What are key features of this property?
This property features: High‑traffic location with easy access to Highway 10 and Round Lake Boulevard.; Located next to strong anchor tenant, Festival Foods, in a densely populated area.; High visibility and easy accessibility with a dedicated stoplight at its entrance.
(612) 718-4879 Call to check price and availability
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