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5805 Krueger Ln Oak Park Heights, MN 55082

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Value-add retail center in Oak Park Heights/Stillwater, Minnesota.

Property size:
173,283 SF
Lot size:
20.92 Acres

Property Features for 5805 Krueger Ln

General Information

Standard status
Active
Size
173,283 SF
Lot size
20.92 Acres

Building Details

Year built
2004

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Listing Contact
Evan Halkias
Evan Halkias
Source: Crexi

Listing Agency: Cushman & Wakefield - Nashville, Tennessee Listing Agent: Evan Halkias

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Oak Park Heights Retail Center

The Shoppes of Oak Park Heights is a retail center located in Oak Park Heights/Stillwater, Minnesota. Constructed in 2004, the property is shadow anchored by Walmart and Menards. The property has a total area of 173,283 square feet and is 91% occupied. Anchor tenants include Kohl’s + Sephora, TJ Maxx, and Michaels, accounting for 80% of the gross leasable area and 70% of the in-place revenue. The property is adjacent to Stillwater High School, Walmart, and Menards, and is approximately one mile from Health Partners’ newest regional hospital campus, a 400,000 square foot facility scheduled to open in 2028. A value-add opportunity exists through the lease-up of an endcap and in-line vacancy totaling 15,876 square feet. Further upside exists via a viable break-up strategy, supported by separately parceled Kohl’s and two small-shop outlot buildings. The average household income in the sub-market is $165,884.
Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

  • Map
  • Local Demand
City
Oak Park Heights
County
Washington
State
Minnesota
Longitude
-92.8374835
Latitude
45.033566

FAQs

What type of property is this?
Shopping center - Value-add retail center in Oak Park Heights/Stillwater, Minnesota.
Where is this shopping center located?
The property is located at 5805 Krueger Ln Oak Park Heights, MN.
What are key features of this property?
This property features: - Anchored by Kohl’s + Sephora, TJ Maxx, and Michaels, representing 80% of GLA and 70% of in-place revenue, ensuring stable cash flow.; - Located in a high-income sub-market with an average household income of $165,884.; - 91% occupancy rate provides immediate income.
More about this property
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