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Divisible Retail Suite in New Build
For Lease
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3285 Beltline Blvd, St Louis Park, MN 55416

First-floor retail space is divisible and includes sidewalk entrances, private restrooms, and sprinkler protection.

Space Size20,001 SF
Days on Market316

Property Features for 3285 Beltline Blvd

General Information

Standard status Active
Size 20,001 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 3285 Beltline Blvd
Beltline Station Bldg One $27/SF/Yr
Floor 1
Size 20,001 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Completion
Sublease No
+ 20,000 sf approx total vacant commercial space for lease on first floor. + The space is divisible. + Join Starbucks as a co-tenant. + Exterior, finishes, and landscaping are expected to be completed April 2027, possibly sooner. + Building one: 7 story: 152 apartments with 16,000sf commercial on first floor. + Building two: 4 story: 82 apartments. No commercial space. + Building three: 5 story: 146 apartments. No commercial space. + Building four: 592 parking stalls plus the Starbucks store. + $10.00 per square foot per year tax/cam/ops. + Tenant responsible for its own in suite janitorial. + HVAC repairs replacement maintenance are tenant’s responsibility. The existing HVAC units will be brand new. + All suites have entrances on the sidewalk with potential outdoor patio seating. + Restrooms are to be built private to the suite. + Sprinklered suite. + Handicap accessible. + The building is under construction and will be available for tenant’s suite construction to start on October 1, 2026, possibly sooner.
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Listing Agency: CBRE - Minnesota
Listed By: Gerald Driessen
Source: Moodyscre
Added: Dec 16, 2025 Changed: Oct 26 Last Checked: Oct 26 at 7:59PM

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 CBRE - Minnesota

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Investment Insights

Based on property information with market context.

New construction retail space is being offered on the first floor and is divisible to support multiple tenant layouts. Suites will have entrances directly on the sidewalk and may include potential outdoor patio seating. Each suite will have private restrooms and will be sprinklered, with handicap accessibility throughout.

The property includes several residential buildings, including a seven-story building with 16,000 sf of commercial on the first floor. Building four includes 592 parking stalls plus a Starbucks store as a co-tenant.

Tenant construction for suite build-outs is scheduled to start on October 1, 2026, possibly sooner, with exterior, finishes, and landscaping expected to be completed April 2027. Tenant will be responsible for in-suite janitorial, and HVAC repairs, replacement, and maintenance are the tenant’s responsibility, with existing HVAC units planned to be brand new.

Key Highlights

  • Approximately 20,000 SF total vacant commercial space on the first floor; divisible for multiple uses
  • Join Starbucks as a co‑tenant; first‑floor suites have sidewalk entrances with potential outdoor patio seating
  • Private restrooms built for the suite and sprinklered suite design

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Building Supply Barber Shop (Bike/Boat/Book/etc) Store Auto Parts Store Computer & Electronic Repair

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
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,254
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Dining 46%
Speedway Shops & Services
12,691 visits/mo 0.3 miles
Starbucks Dining
11,448 visits/mo 0.1 miles
Public Storage Shops & Services
891 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for St Louis Park, MN

$15.8 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
7,215 SF
Avg Space Size

This space is priced 71% above the average of $15.8 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - First-floor retail space is divisible and includes sidewalk entrances, private restrooms, and sprinkler protection.
Where is this retail space located?
The property is located at 3285 Beltline Blvd St Louis Park, MN.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Approximately 20,000 SF total vacant commercial space on the first floor; divisible for multiple uses; Join Starbucks as a co‑tenant; first‑floor suites have sidewalk entrances with potential outdoor patio seating; Private restrooms built for the suite and sprinklered suite design
(612) 336-4310 Call to check price and availability
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