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St. Louis Park Restaurant Opportunity
For Lease
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5875 Wayzata Boulevard, St Louis Park, MN 55416

Freestanding restaurant in high-profile location with ample parking.

Space Size10,685 SF
Days on Market286

Property Features for 5875 Wayzata Boulevard

General Information

Standard status Active
Size 10,685 SF
Property subtype Retail

Spaces For Lease

at 5875 Wayzata Boulevard Contact us

2nd Gen Restaurant For Sale, Lease or Ground Lease

Size
10,685 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Jesseka Doherty
Source: Midamericagrp
Added: Nov 23, 2025 Changed: Sep 4 Last Checked: Aug 8 at 4:09AM

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 Mid-America Real Estate-Minnesota LLC

Investment Insights

Based on property information with market context.

This 10,685-square-foot freestanding restaurant is available for lease, ground lease, or sale in St. Louis Park. Situated on 0.57 acres, the property is located in the Highway 394 corridor, surrounded by 19,668 daytime employees within a 1-mile radius. The building shares parking with Park Place East, with rights to over 200 stalls at no expense. Pylon signage is available, and the property offers billboard visibility to Interstate 394. Located in the vibrant I-394 office corridor, this high-profile location features extremely low operating costs and potential for expanded patio seating. The NNN lease includes 2025 taxes at $6.60 per square foot.

Key Highlights

  • High visibility location in the I‑394 corridor.
  • Ample parking with rights to 200+ stalls at no expense.
  • Located among 19,668 daytime employees within a 1‑mile radius.

Property Analytics

Current Use

Conviction chicken Restaurant TGI Fridays Restaurant

Suggested Use

Top Pick Electrical Service Storage Facility Garden Center HVAC Service Grocery & Convenience Store Building Supply

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,253
Businesses Nearby
482k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 32% Superstores 27% Shops & Services 14% Groceries 11%
Costco Wholesale Superstores
131,746 visits/mo 0.3 miles
Costco Gasoline Shops & Services
56,997 visits/mo 0.5 miles
Cub Foods Groceries
52,967 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
40,864 visits/mo 0.4 miles
Fuddruckers Dining
32,091 visits/mo 0.3 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Restaurant - Freestanding restaurant in high-profile location with ample parking.
Where is this restaurant located?
The property is located at 5875 Wayzata Boulevard St Louis Park, MN.
What are key features of this property?
This property features: High visibility location in the I‑394 corridor.; Ample parking with rights to 200+ stalls at no expense.; Located among 19,668 daytime employees within a 1‑mile radius.
More about this property
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