Listing Agency: Upland Real Estate Group, Inc Show Phone

Listed By: Chad Sturm · License #20070429 Show Phone

Source: Moodyscre

Added: Nov 24, 2025 Changed: Jul 29 Last Checked: Jul 31 at 12:12PM

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Investment Insights

Based on property information with market context.

This retail space is located directly on MN Highway 3, designed for customer access and visibility from the roadway. The property is positioned within the Northfield/Dundas trade area.

The site benefits from MN-3 exposure with traffic counts of 9,700 VPD in front of the property. It is near three educational institutions: St. Olaf’s College, Carleton College, and Shattuck-St. Mary’s School. The property is also located next to a new Kwik Trip.

The offering is for retail use and includes a total property size of 2,300 square feet.

Key Highlights

• Retail location directly on MN Highway 3 with 9,700 VPD traffic counts in front of the property
• Located within the Northfield/Dundas trade area with easy customer access from MN‑3
• Next to a new Kwik Trip

Property Analytics

Current Use

Crossfit 507 Gym & Fitness Center Natreum Milltown Cannabis ... (Bike/Boat/Book/etc) Store Dundas Shopping Center Shopping Center & Mall Inject N Clean (Bike/Boat/Book/etc) Store AT&T Store Mobile Phone Store

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center Grocery & Convenience Store Locksmith

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

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

$3.15 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

209

Businesses Nearby

115k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 45% Shops & Services 28% Groceries 16% Dining 10%

Menards Home Improvements & Furnishings

39,669 visits/mo 0.2 miles

Kwik Trip Shops & Services

31,710 visits/mo 0.1 miles

Aldi Groceries

17,882 visits/mo 0.3 miles

Applebee's Dining

10,944 visits/mo 0.5 miles

Tractor Supply Co. Home Improvements & Furnishings

7,669 visits/mo 0.2 miles

Demographics for 55019, MN

2,168

Population

855

Households

2.5

Avg Household Size

37

Median Age

41%

College-Educated

96%

High-School Grad

20.5 sq mi

ZIP Area

106

Density / Sq Mi

$112,273

Median Household Income

$60,855

Median Earnings

$1,214

Median Rent

$316,200

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space 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?

Retail space - Retail space sits directly on MN Highway 3 with traffic counts and convenient customer access.

Where is this retail space located?

The property is located at 396 Schilling Dr Dundas, MN.

What is the lease rate?

The lease rate is $21 SF/Yr.

What are key features of this property?

This property features: Retail location directly on MN Highway 3 with 9,700 VPD traffic counts in front of the property; Located within the Northfield/Dundas trade area with easy customer access from MN‑3; Next to a new Kwik Trip