Building Details

Building Size 9,448 SF

Year Built 1954

Units 3

Spaces For Lease

at 802 Highway 10

3000 SF Suite $12.75/SF/Yr

Size 3,000 SF

Type Strip

Lease Type Modified Gross

Availability Immediate

Sublease No

Renewal Option Yes

Contact us

Listing Agency: Horizon Real Estate Group

Listed By: Brian Tulibaski · License #ND:9607 Show Phone

Source: Commercialcafe

Added: Oct 4 Last Checked: Oct 5 at 3:47PM

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Investment Insights

Based on property information with market context.

Lake Shops is a strip mall in Lake Park, Minnesota, with approximately 3,000 SF available for lease. The space can be divided into 1,500 SF suites, providing a choice between a larger premises and smaller units. A fit-up allowance is negotiable, subject to lease terms.

The property sits at 2nd Street and Highway 10, beside Casey’s General Store. Its location is at Lake Park’s only fully signalized intersection on Highway 10, with access from the highway.

Key Highlights

• Approximately 3,000 SF available for lease
• Space can be divided into 1,500 SF suites
• At 2nd Street and Highway 10, beside Casey’s General Store

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage Building Supply Electrical Service Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

$1.91 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

69

Businesses Nearby

Explore this area Business Placement

Demographics for 56554, MN

3,098

Population

1,792

Households

1.7

Avg Household Size

48

Median Age

36%

College-Educated

93%

High-School Grad

115.1 sq mi

ZIP Area

27

Density / Sq Mi

$91,379

Median Household Income

$48,966

Median Earnings

$795

Median Rent

$306,200

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this strip malls 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?

Strip mall - The available retail premises can remain open or be divided into smaller suites for separate occupants.

Where is this strip mall located?

The property is located at 802 Highway 10 Lake Park, MN.

What is the lease rate?

The lease rate is $12.75 SF/Yr.

What are key features of this property?

This property features: Approximately 3,000 SF available for lease; Space can be divided into 1,500 SF suites; At 2nd Street and Highway 10, beside Casey’s General Store