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Street-Level Retail Space
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7979 Sunwood Dr NW, Anoka, MN 55303

Commercial suites are planned within a mixed-use residential development with flexible space configurations.

Space Size5,900 SF
Days on Market54

Property Features for 7979 Sunwood Dr NW

General Information

Standard status Active
Size 5,900 SF
Net Rentable 1,200 SF
Property subtype RETAIL

Space & Availability

Available Space 1,200-5,900 SF
Contiguous Space 5,900 SF
Floor 1
Space Use Retail
Available From 2028-04

Spaces For Lease

at 7979 Sunwood Dr NW
Retail Space Available in Waterfront Village $20/SF/Yr
Floor 1
Size 5,900 SF
Type RETAIL
Availability AVAILABLE, Completion
Sublease No
1st Floor Retail Space For Lease Available • Suite 160: 1,200 SF to 5,900 SF • Lease Rate: $20.00 PSF • 2026 CAM and Taxes: $10.00-$12.00 PSF • Ceiling Height: 10' • Estimated Completion Date: April 2028 Property Highlights • City‑owned parcel - Mixed‑use development site within The COR (Ramsey’s city‑center district), planned for a 44,000‑sq‑ft residential and retail project on approximately 3.87 acres. • Waterfront Village Apartments - A 193‑unit multi‑family building featuring modern amenities and integrated ground‑floor commercial space. • Ground‑floor retail - Street‑level retail designed to activate the pedestrian environment and support local businesses. • Park proximity - Steps from The Draw Park & Amphitheater, North Commons Park, and recreational trails. • COR district - Located in Ramsey’s vibrant mixed‑use downtown with nearby housing, shops, dining, civic spaces, and walkable amenities. • Transit access - Close to the Northstar Commuter Rail Ramsey Station, offering direct transit connections toward Minneapolis. • Surrounding growth - Adjacent to new developments including Home2 Suites by Hilton Ramsey and expanding commercial activity. Demographics • Average Household Population: 1 mile - 5,687, 3 miles - 12,712, and 5 miles - 24,401 • Average Household Income: 1 mile - $104,870, 3 miles - $140,340, and 5 miles - $148,565 Traffic Counts • Hwy 10 NW: 46,649 VPD • Armstrong Blvd NW: 11,973 VPD • Bunker Lake Blvd NW: 4,264 VPD
Contact us
Listing Agency: Colliers
Listed By: Laura Gill · License #20379862
Source: Moodyscre
Added: Aug 13 Changed: Oct 5 Last Checked: Oct 4 at 1:15PM

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 Colliers

Investment Insights

Based on property information with market context.

Street-level retail space is planned as part of a mixed-use residential development, with Suite 160 offering 1,200 SF to 5,900 SF. The space is designed for commercial occupancy within a 193-unit multifamily building and includes 10-foot ceilings. Estimated completion is April 2028.

The broader project is planned on approximately 3.87 acres and includes 44,000 square feet of residential and retail development. The site is near The Draw Park & Amphitheater, North Commons Park, recreational trails, downtown amenities, and Ramsey Station on the Northstar Commuter Rail line. Nearby commercial activity includes Home2 Suites by Hilton Ramsey and other new development. Highway 10 NW carries 46,649 VPD, while Armstrong Boulevard NW carries 11,973 VPD.

Key Highlights

  • Suite 160 offers 1,200 SF to 5,900 SF of retail space
  • 10' ceiling height
  • Estimated completion date: April 2028

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Cafe & Coffee Shop Plumbing Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 95% Beauty & Spa 5%
Ramsey #2 Shops & Services
12,479 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
3,235 visits/mo 0.3 miles
Totally Tan Beauty & Spa
760 visits/mo 0.5 miles

Demographics for 55303, MN

51,480
Population
20,317
Households
2.5
Avg Household Size
38
Median Age
31%
College-Educated
96%
High-School Grad
64.4 sq mi
ZIP Area
799
Density / Sq Mi
$101,351
Median Household Income
$54,788
Median Earnings
$1,348
Median Rent
$338,700
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 - Commercial suites are planned within a mixed-use residential development with flexible space configurations.
Where is this retail space located?
The property is located at 7979 Sunwood Dr NW Anoka, MN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Suite 160 offers 1,200 SF to 5,900 SF of retail space; 10' ceiling height; Estimated completion date: April 2028
(612) 310-5399 Call to check price and availability
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