Grocery-Anchored Retail Shopping
For Sale
Contact for pricing
300 E Travelers Trail, Burnsville, MN 55337
Grocery anchored shopping center with 98% occupancy and strong highway visibility to support durable retail tenancy.
Property Size83,556 SF
Lot Size8.61 Acres
Days on Market144
Property Features for 300 E Travelers Trail
General Information
Standard status
Active
Size
83,556 SF
Total Parking Spaces
340
Lot size
8.61 Acres
Property subtype
Retail
Occupancy
98%
Investment Type
Core+
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2005
Buildings
1
Stories
1
Units
9
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Nashville, Tennessee
Listed By:
Evan Halkias · License #IL 475120259
Source:
Crexi
Added: Apr 15
Changed: Aug 25
Last Checked: Sep 4 at 5:30PM
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 Cushman & Wakefield - Nashville, Tennessee
Investment Insights
Based on property information with market context.
Nicollet Plaza is an 83,556-square-foot grocery anchored shopping center on 8.61 acres, currently 98% occupied. The center is led by Cub Foods, which occupies 68,864 square feet and represents 82% of the GLA and 56% of revenue. Cub Foods has been in place since 2005 under a modified ground lease, with a lease term through July 2030. An adjacent, separately parceled small shop building is also included, presenting an actionable opportunity through vacancy lease-up and mark-to-market growth.
The property is located in Burnsville, Minnesota, approximately 15 miles south of downtown Minneapolis, and benefits from visibility to Highway 13 (34,811 VPD). It also provides easy access to I-35W (93,000 VPD), a major regional corridor.
With an anchor tenant comprising the majority of the center’s space and revenue and an additional separately parceled small shop building on site, the property offers a straightforward retail tenancy structure with near-term leasing upside tied to vacancy.
The property is located in Burnsville, Minnesota, approximately 15 miles south of downtown Minneapolis, and benefits from visibility to Highway 13 (34,811 VPD). It also provides easy access to I-35W (93,000 VPD), a major regional corridor.
With an anchor tenant comprising the majority of the center’s space and revenue and an additional separately parceled small shop building on site, the property offers a straightforward retail tenancy structure with near-term leasing upside tied to vacancy.
Key Highlights
- Nicollet Plaza is an 83,556 SF grocery‑anchored shopping center built in 2005.
- 98% occupied retail center on 8.61 AC with high traffic exposure to Highway 13 (34,811 VPD).
- Direct access to I‑35W (93,000 VPD), supporting commuter convenience in the Burnsville, MN area.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,137
Businesses Nearby
68k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Shops & Services 27%
Dining 16%
Beauty & Spa 3%
Cub Foods
Groceries
35,494 visits/mo
0.1 miles
Holiday Station Store
Shops & Services
15,888 visits/mo
0.2 miles
Caribou Coffee
Dining
7,514 visits/mo
0.3 miles
SUBWAY
Dining
2,994 visits/mo
0.3 miles
Shell
Shops & Services
2,155 visits/mo
0.2 miles
Demographics for 55337, MN
47,333
Population
19,695
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
18.7 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,641
Median Household Income
$46,602
Median Earnings
$1,463
Median Rent
$327,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Grocery anchored shopping center with 98% occupancy and strong highway visibility to support durable retail tenancy.
Where is this shopping center located?
The property is located at 300 E Travelers Trail Burnsville, MN.
What are key features of this property?
This property features: Nicollet Plaza is an 83,556 SF grocery‑anchored shopping center built in 2005.; 98% occupied retail center on 8.61 AC with high traffic exposure to Highway 13 (34,811 VPD).; Direct access to I‑35W (93,000 VPD), supporting commuter convenience in the Burnsville, MN area.
