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Retail Space with Monument Signage
For Lease
Contact for pricing

6240-6244 Cedar Ave S, Richfield, MN 55423

C2 zoning and flexible occupancy options support a range of commercial uses, subject to ownership’s use restrictions.

Space Size10,815 SF
Days on Market12

Property Features for 6240-6244 Cedar Ave S

General Information

Standard status Active
Size 10,815 SF
Net Rentable 10,815 SF
Total Parking Spaces 34
Property subtype RETAIL
Zoning C2
Lease Type NNN

Space & Availability

Available Space 10,815 SF
Contiguous Space 10,815 SF
Sublease No

Site & Location

Traffic Count 75,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

CAM $6.25 /USD/SF/YR

Amenities

building signage
monument signage

Building Details

Tenancy Multi

Spaces For Lease

at 6240-6244 Cedar Ave S
Highly Visible Space Opportunity on Hwy 77 in Richfield AVAILABLE, 30 Days
Floor 1
Size 10,815 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Sublease No
Highly visible leasing opportunity on Hwy 77 in Richfield just north of Target and Home Depot off of 66th Street exit. High traffic counts along with building and monument signage make this a great opportunity for a retail, service or other business that wants visibility. Zoning is C2 which allows for a variety of uses. Was recently a pet hotel and owner would consider this use again given the existing improvements remain and potentially some FF&E from the last tenant. 10,815 RSF and ownership prefers to lease to one tenant for a longer term lease but would consider subdividing for the right tenant(s). Onsite parking of 34 stalls in the northern parking lot dedicated to this suite. Street parking is also available on the frontage road - roughly 38 stalls in total - on a first come, first serve basis. Southern part of the building occupied by a different tenant. Building and monument signage available. Daily traffic counts roughly 75,000 on Hwy 77. Very close to MSP Airport, Mall of America, and both downtowns. Be advised that the ownership will not lease to a daycare, any type of school, children's clinics, automotive repair or body shops, or cannabis uses. No housing or shelter types of uses. 2026 budgeted CAM / Tax of $6.25/SF (taxes, insurance, management fee primarily). Tenant pays directly for utilities via submeters, HVAC R&M, snow removal, landscaping, and parking lot repairs. Tenant also pays for it's own janitorial, interior suite maintenance, phone, and internet services. Please contact me with any questions. Thank you. Wayne
Contact us
Listing Agency: Crest, LLC
Listed By: Wayne C Teig
Source: Moodyscre
Added: Sep 24 Changed: Oct 1 Last Checked: Oct 4 at 9:35AM

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 Crest, LLC

Investment Insights

Based on property information with market context.

The 10,815-square-foot retail space is available for lease, with ownership preferring a single tenant while remaining open to dividing the premises. Building and monument signage are available. The property is zoned C2, and the southern portion of the building is occupied by another tenant.

The site is on Hwy 77 in Richfield, just north of Target and Home Depot and near the 66th Street exit. Daily traffic on Hwy 77 is approximately 75,000 vehicles. The property is described as close to MSP Airport, Mall of America, and both downtowns.

The northern parking lot has 34 stalls dedicated to this suite. Approximately 38 additional street-side stalls are available on a first-come, first-served basis. Ownership excludes daycare, school, children’s clinic, automotive repair or body shop, cannabis, housing, and shelter uses.

Key Highlights

  • 10,815 square feet of retail space available for lease
  • C2 zoning
  • Building and monument signage available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

75,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby
255k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 54% Dining 27% Home Improvements & Furnishings 13% Shops & Services 3%
Target Superstores
139,070 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
32,057 visits/mo 0.1 miles
Panda Express Dining
15,025 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
13,572 visits/mo 0.3 miles
Caribou Coffee Dining
11,820 visits/mo 0.4 miles

Demographics for 55423, MN

37,137
Population
16,792
Households
2.2
Avg Household Size
37
Median Age
44%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
5,231
Density / Sq Mi
$84,102
Median Household Income
$52,890
Median Earnings
$1,334
Median Rent
$320,300
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 - C2 zoning and flexible occupancy options support a range of commercial uses, subject to ownership’s use restrictions.
Where is this retail space located?
The property is located at 6240-6244 Cedar Ave S Richfield, MN.
What are key features of this property?
This property features: 10,815 square feet of retail space available for lease; C2 zoning; Building and monument signage available
(763) 688-4175 Call to check price and availability
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