Oak Park Heights Retail
For Sale
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5805 Krueger Ln, Oak Park Heights, MN 55082
Value-add retail center in Oak Park Heights/Stillwater, Minnesota.
Property Size173,283 SF
Days on Market189
Property Features for 5805 Krueger Ln
General Information
Standard status
Active
Size
173,283 SF
Total Parking Spaces
931
Property subtype
Retail
Occupancy
91%
Building Details
Year Built
2004
Buildings
3
Stories
1
Units
12
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Nashville, Tennessee
Listed By:
Evan Halkias · License #IL 475120259
Source:
Crexi
Added: Feb 12
Changed: Aug 8
Last Checked: Aug 19 at 4:18PM
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 Cushman & Wakefield - Nashville, Tennessee
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55082, MN
36,441
Population
15,493
Households
2.4
Avg Household Size
46
Median Age
53%
College-Educated
97%
High-School Grad
79.2 sq mi
ZIP Area
460
Density / Sq Mi
$117,538
Median Household Income
$58,615
Median Earnings
$1,439
Median Rent
$459,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
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.
