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Second-Generation Retail Space

3820 Grand Way, St Louis Park, MN 55416

For Lease
Contact for pricing

Existing sauna operations provide a ready context for evaluating the suite’s next retail use.

Space Size1,914 SF
Days on Market644

Property Features for 3820 Grand Way

General Information

Standard status Active
Size 1,914 SF
Property subtype RETAIL

Additional Details

Currently Operating Yes

Spaces For Lease

at 3820 Grand Way
Excelsior & Grand West Office/Retail Space for Lease $30/SF/Yr
Floor 1
Size 1,914 SF
Type RETAIL
Lease Type NET_NNN
Availability AVAILABLE, Now
Sublease No
- Second Generation Space! - Currently Operating as beem Light Sauna - call broker for tours - Net Lease Rate Starting at $30.00 PSF - Operating Expenses - $13.24 PSF (est.)
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Listing Agency: HJ Development, Inc.
Listed By: Erin Larson
Source: Moodyscre
Added: Feb 5, 2025 Changed: Nov 9 Last Checked: Nov 9 at 1:56PM

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 1,914-square-foot retail suite is currently operating as beem Light Sauna, with a second-generation interior configuration. Tours can be arranged through the broker.

Located at 3820 Grand Way in St. Louis Park, Minnesota, the space is offered for lease.

Key Highlights

  • 1,914‑square‑foot retail suite
  • Currently operating as beem Light Sauna
  • Second‑generation space

Property Analytics

Current Use

sadia Health Resort Latitude Real Estate ... Real Estate Agency ForwardByChoice Employment Agency Excelsior & Grand - St. ... Apartment Complex

Suggested Use

Top Pick Restaurant Building Supply Auto Parts Store Big Box & Wholesale Store Real Estate Agency Hotel & Motel

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,177
Businesses Nearby
243k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 38% Groceries 19% Dining 16% Apparel 12%
Target Superstores
92,405 visits/mo 0.4 miles
Trader Joe's Groceries
35,188 visits/mo 0.1 miles
McDonald's Dining
33,214 visits/mo 0.4 miles
Goodwill Apparel
16,633 visits/mo 0.5 miles
Frattallone's Ace Hardware Home Improvements & Furnishings
13,542 visits/mo 0.4 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

Lease Benchmarks for St Louis Park, MN

$15.52 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
7,117 SF
Avg Space Size

This space is priced 93% above the average of $15.52 /SF/Yr.

Properties on Market for Retail space in Hennepin County

Jul
Aug
Sep
Oct

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 - Existing sauna operations provide a ready context for evaluating the suite’s next retail use.
Where is this retail space located?
The property is located at 3820 Grand Way St Louis Park, MN.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 1,914‑square‑foot retail suite; Currently operating as beem Light Sauna; Second‑generation space
(612) 314-1692 · Office Call to check price and availability
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