Spaces For Lease

at 701 Central Ave E Contact us

Highland Bank for Lease or Sale

Floor

1

Size

8,700 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

• Traffic counts average 19,400 vehicles per day in front of the property on... Central Ave E • Area retailers include Cub Foods, CVS, Walgreens, Subway, Domino’s, O’Reilly Auto Parts, and more • Drive thru opportunity • Free standing building • Located in the main trade area of St. Michael • Across Central Ave from Cub Foods, the only grocer in the city • Near multiple corporate headquarters like; J&B’s, Die Technology and Nanotech Precision, and New Plastics Plus, Inc. • Trade area seeing large amounts of commercial development • Located 25 minutes from downtown Minneapolis and 35 minutes from St. Cloud • Ranked #3 best city to live in Minnesota according to Life in Minnesota • The St. Michael Public School District is ranked #16 in the state by U.S. News

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Listing Agency: Upland Real Estate Group, Inc Show Phone

Listed By: Chad Sturm · License #20070429 Show Phone

Source: Moodyscre

Added: Jan 18, 2023 Changed: Sep 6 Last Checked: Sep 14 at 12:09PM

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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 Upland Real Estate Group, Inc

Investment Insights

Based on property information with market context.

This free-standing retail building offers a drive-through opportunity and is positioned for convenient customer access along Central Ave E in St. Michael, MN. The property is listed at 8,700 SF and is suitable for retail users seeking standalone visibility and flexible frontage presence.

Central Ave E averages 19,400 vehicles per day in front of the property, supporting strong exposure to passing traffic. The building is located in the main trade area of St. Michael, across Central Ave from Cub Foods, the only grocer in the city. Area retailers include CVS, Walgreens, Subway, Domino’s, O’Reilly Auto Parts, and others, and the surrounding trade area is seeing commercial development.

The location also places the property near multiple corporate headquarters, including J&B’s, Die Technology and Nanotech Precision, and New Plastics Plus, Inc. It is approximately 25 minutes from downtown Minneapolis and 35 minutes from St. Cloud.

Key Highlights

• Free‑standing retail building with drive‑through opportunity
• Central Ave E averages 19,400 vehicles per day in front of the property
• Across Central Ave from Cub Foods, the only grocer in the city

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop Law Firm

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

352

Businesses Nearby

99k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 53% Groceries 32% Shops & Services 15%

Cub Foods Groceries

31,508 visits/mo 0.3 miles

McDonald's Dining

27,784 visits/mo 0.3 miles

Chipotle Mexican Grill Dining

14,647 visits/mo 0.1 miles

Dollar Tree Shops & Services

11,075 visits/mo 0.2 miles

Dunn Bros Coffee Dining

6,511 visits/mo 0.4 miles

Demographics for 55376, MN

17,989

Population

7,128

Households

2.5

Avg Household Size

36

Median Age

44%

College-Educated

98%

High-School Grad

29.2 sq mi

ZIP Area

616

Density / Sq Mi

$130,917

Median Household Income

$62,378

Median Earnings

$2,038

Median Rent

$364,600

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Retail space - Free-standing retail building on Central Ave E with drive-through opportunity and strong daily traffic counts.

Where is this retail space located?

The property is located at 701 Central Ave E Saint Michael, MN.

What are key features of this property?

This property features: Free‑standing retail building with drive‑through opportunity; Central Ave E averages 19,400 vehicles per day in front of the property; Across Central Ave from Cub Foods, the only grocer in the city