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Retail Space in Chanhassen, MN
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591 W 78th St, Chanhassen, MN 55317

Retail space available in a new mixed-use development.

Property Size1,565 SF
Lot Size3.17 Acres
Days on Market898

Property Features for 591 W 78th St

General Information

Standard status Active
Size 1,565 SF
Lot size 3.17 Acres
Property subtype RETAIL
Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Jesseka B Doherty
Source: Moodyscre
Added: Feb 15, 2024 Changed: Jul 6 Last Checked: Jul 22 at 3:30AM

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 retail and service space offers approximately 14,000 square feet. The space is part of a development that includes 310 market-rate apartments. Convenient, structured parking is available. Construction is scheduled to begin in Q1 2025, with delivery expected in Q4 2026.

Key Highlights

  • 14,000 +/- SF Retail | Service Space available.
  • Anchored by 310 unit market rate apartments.
  • Structured, convenient parking for residents and customers.

Property Analytics

Current Use

Country Inn & Suites ... Hotel & Motel WW Studio @ CountryInn ... Wellness Center

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Accounting Firm Storage Facility (Bike/Boat/Book/etc) Store Bakery

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

880
Businesses Nearby
421k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Groceries 31% Superstores 16% Shops & Services 13%
Target Superstores
66,828 visits/mo 0.4 miles
Total Wine & More Groceries
39,100 visits/mo 0.4 miles
Cub Foods Groceries
38,808 visits/mo 0.2 miles
Chick-fil-A Dining
36,542 visits/mo 0.3 miles
Lunds & Byerlys Groceries
32,319 visits/mo 0.3 miles

Demographics for 55317, MN

21,774
Population
8,731
Households
2.5
Avg Household Size
41
Median Age
64%
College-Educated
98%
High-School Grad
13.1 sq mi
ZIP Area
1,662
Density / Sq Mi
$133,573
Median Household Income
$65,655
Median Earnings
$1,763
Median Rent
$505,300
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?
Retail space - Retail space available in a new mixed-use development.
Where is this retail space located?
The property is located at 591 W 78th St Chanhassen, MN.
What are key features of this property?
This property features: 14,000 +/- SF Retail | Service Space available.; Anchored by 310 unit market rate apartments.; Structured, convenient parking for residents and customers.
(952) 563-6693 Call to check price and availability
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