Spaces For Lease

at 3040-3070 Excelsior Blvd Contact us

101

Size

2,374 SF

Availability

Active

Contact us

Listing Agency: Regency Centers

Listed By: Faith Hershey Show Phone

Source: Crexi

Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 3:17PM

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Investment Insights

Based on property information with market context.

This shopping center is suited to grocery retail and is offered for lease. The property is at 3040-3070 Excelsior Blvd in Minneapolis, Minnesota.

The center sits beside Minneapolis’ largest lake, in a market characterized by limited barriers to entry.

Key Highlights

• Shopping center serving grocery retail
• Located at 3040‑3070 Excelsior Blvd, Minneapolis, MN 55416
• Positioned beside Minneapolis’ largest lake

Property Analytics

Current Use

Cedar Commons Grocery & Convenience Store Globex Sea Express Freight Service

Suggested Use

Top Pick Bakery Grocery & Convenience Store Barber Shop Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

1,117

Businesses Nearby

79k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 42% Groceries 29% Shops & Services 25% Beauty & Spa 5%

Whole Foods Market Groceries

22,812 visits/mo 0.1 miles

Speedway Shops & Services

12,691 visits/mo 0.4 miles

Noodles & Company Dining

11,254 visits/mo 0.1 miles

Chipotle Mexican Grill Dining

9,218 visits/mo 0.1 miles

Barnes & Noble Shops & Services

6,716 visits/mo 0.2 miles

Demographics for 55416, MN

34,129

Population

19,197

Households

1.8

Avg Household Size

36

Median Age

73%

College-Educated

98%

High-School Grad

7.3 sq mi

ZIP Area

4,675

Density / Sq Mi

$105,926

Median Household Income

$70,993

Median Earnings

$1,701

Median Rent

$457,300

Median Home Value

Market

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019

6.4% 2020

5.7% 2021

4.9% 2022

4.2% 2023

3.7% 2024

4.4% 2025

Questions? Ask Rey

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

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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Frequently Asked Questions

What type of property is this?

Shopping center - The center serves grocery retail in a Minneapolis market described as difficult to enter.

Where is this shopping center located?

The property is located at 3040-3070 Excelsior Blvd Minneapolis, MN.

What are key features of this property?

This property features: Shopping center serving grocery retail; Located at 3040‑3070 Excelsior Blvd, Minneapolis, MN 55416; Positioned beside Minneapolis’ largest lake