Trader Joe’s Grocery
New
For Sale
Contact for pricing
4500-4590 Excelsior Blvd, St Louis Park, MN 55416
Continuous store operations date to 2005, with contractual occupancy extending through January 2032.
Property Size13,740 SF
Price / SF$556.77
Days on Market4
Property Features for 4500-4590 Excelsior Blvd
General Information
Standard status
Active
Size
13,740 SF
Property subtype
RETAIL
Site & Location
Corner Location
Yes
Traffic Count
21,000 vehicles/day
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Building Details
Tenancy
Single
Listing Agency:
Suntide Commercial Realty, Inc.
(651) 603-0321
Listed By:
Tim Prinsen · License #20006389
(612) 963-6220
Source:
Moodyscre
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 2:49PM
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 Suntide Commercial Realty, Inc.
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Investment Insights
Based on property information with market context.
The 13,740-square-foot grocery property is a 100% fee simple condominium interest occupied and operated by Trader Joe’s since January 2005. A recently executed five-year lease extension runs through January 2032, and four additional five-year options provide for potential occupancy through 2052.
The store is situated at a signalized corner on Excelsior Boulevard, a commercial corridor connecting Highway 100 with Southwest Minneapolis and surrounding communities. Approximately 21,000 vehicles travel along Excelsior Boulevard each day. The property includes an exclusive surface parking lot.
The store is situated at a signalized corner on Excelsior Boulevard, a commercial corridor connecting Highway 100 with Southwest Minneapolis and surrounding communities. Approximately 21,000 vehicles travel along Excelsior Boulevard each day. The property includes an exclusive surface parking lot.
Key Highlights
- 13,740‑square‑foot grocery property
- Trader Joe’s has operated at the property continuously since January 2005
- Lease extension through January 2032, plus four additional 5‑year options through 2052
Property Analytics
Current Use
Lease Details
21,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,072
Businesses Nearby
75k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Shops & Services 18%
Dining 7%
Apparel 5%
Trader Joe's
Groceries
35,188 visits/mo
0.0 miles
Fresh Thyme Market
Groceries
11,842 visits/mo
0.3 miles
BP
Shops & Services
9,054 visits/mo
0.2 miles
Starbucks
Dining
5,466 visits/mo
0.2 miles
Orvis
Apparel
3,802 visits/mo
0.5 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 Midwest region
Similar Off Market Nearby
- Lunds & Byerlys St Louis Park — 3777 Park Center Blvd, St Louis Park, MN 55416
- Lunds & Byerlys — 3777 park center blvd, st louis park, mn 55416
- Hazelwood Food & Drink - St Louis Park — 4450 Excelsior Blvd Suite #120, St Louis Park, MN 55416
- Target Grocery — 3601 MN-100, Minneapolis, MN 55416
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Continuous store operations date to 2005, with contractual occupancy extending through January 2032.
Where is this grocery and convenience store located?
The property is located at 4500-4590 Excelsior Blvd St Louis Park, MN.
What is the asking price?
The asking price for this property is $7,650,000.
What are key features of this property?
This property features: 13,740‑square‑foot grocery property; Trader Joe’s has operated at the property continuously since January 2005; Lease extension through January 2032, plus four additional 5‑year options through 2052
