Multi-Tenant Strip
For Sale
Contact for pricing
5101 Minnetonka Blvd, Minneapolis, MN 55416
C-1 neighborhood commercial property with separately metered retail bays, surface parking, and heated garage spaces.
Property Size12,570 SF
Days on Market144
Property Features for 5101 Minnetonka Blvd
General Information
Standard status
Active
Size
12,570 SF
Net Rentable
12,570 SF
Total Parking Spaces
50
Property subtype
Retail
Zoning
C-1
Site & Location
Traffic Count
25,500 vehicles/day
Utilities to Site
Yes
Amenities
outdoor terrace
green spaces
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Results Commercial
(651) 256-7404
Listed By:
Mark Hulsey · License #MN 40169559
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 3:12PM
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 Results Commercial
Investment Insights
Based on property information with market context.
Fern Hill Place is a multi-tenant strip mall comprising 7 commercial bays and 12,570 SF of net area. The property is configured for triple-net leasing, with each bay separately metered. Four bays are occupied by Basil Pizza, Professional Hearing Services, iCare Family Vision, and OneMain Financial, while three are vacant and identified for retail, medical, or office use. C-1 Neighborhood Commercial zoning supports the stated range of uses.
The property fronts Minnetonka Blvd and is associated with 25,500 VPD. Surface parking totals 47 spaces, including storefront parking, handicapped spaces, dedicated spaces along Raleigh Ave, and employee parking. The sale also includes 3 income-producing heated garage spaces on the west side of the building. Shared exterior amenities include an outdoor terrace and green spaces. CAM is paid by tenants on a pro rata basis for water, sewer, garbage, real estate taxes, and insurance.
The property fronts Minnetonka Blvd and is associated with 25,500 VPD. Surface parking totals 47 spaces, including storefront parking, handicapped spaces, dedicated spaces along Raleigh Ave, and employee parking. The sale also includes 3 income-producing heated garage spaces on the west side of the building. Shared exterior amenities include an outdoor terrace and green spaces. CAM is paid by tenants on a pro rata basis for water, sewer, garbage, real estate taxes, and insurance.
Key Highlights
- 7 commercial bays totaling 12,570 SF of net area
- 4 occupied bays and 3 vacant bays available for retail, medical, or office use
- C‑1 – Neighborhood Commercial zoning
Property Analytics
Current Use
Lease Details
25,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
Marathon
Shops & Services
8,561 visits/mo
0.4 miles
Caribou Coffee
Dining
5,034 visits/mo
0.3 miles
Domino's Pizza
Dining
2,023 visits/mo
0.3 miles
Extra Space Storage
Shops & Services
884 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
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - C-1 neighborhood commercial property with separately metered retail bays, surface parking, and heated garage spaces.
Where is this strip mall located?
The property is located at 5101 Minnetonka Blvd Minneapolis, MN.
What are key features of this property?
This property features: 7 commercial bays totaling 12,570 SF of net area; 4 occupied bays and 3 vacant bays available for retail, medical, or office use; C‑1 – Neighborhood Commercial zoning
