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Mixed-Use Retail Space
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8490-8594 Excelsior Blvd, Hopkins, MN 55343

Newly built street-level space sits beneath a 469-unit apartment complex along Excelsior Boulevard.

Space Size3,059 SF
Days on Market7

Property Features for 8490-8594 Excelsior Blvd

General Information

Standard status Active
Size 3,059 SF
Property subtype RETAIL

Spaces For Lease

at 8490-8594 Excelsior Blvd Contact us

Retail for Lease in The Hallon Building II

Floor
1
Size
3,059 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
• Retail or mixed-use space below a brand-new 469-unit luxury apartment complex •...
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Listing Agency: Assembly MN LLC
Listed By: Ryan Moynagh
Source: Moodyscre
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:32PM

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 Assembly MN LLC

Investment Insights

Based on property information with market context.

This newly constructed mixed-use property offers 3,059 square feet of street-level commercial space beneath a 469-unit apartment complex. The available space is presented for retail or other mixed-use occupancy, with potential applications including food, beverage, fitness, wellness, and pet services.

The property is on Excelsior Boulevard, where more than 15,000 vehicles pass daily. Blake Road Light Rail Station and the Cedar Lake Regional Trail are nearby, along with local shops, cafes, parks, and Interlachen Golf Club. Downtown Hopkins is also minutes away.

Key Highlights

  • 3,059 square feet of newly constructed commercial space
  • Street‑level space below a 469‑unit apartment complex
  • More than 15,000 daily passing vehicles on Excelsior Boulevard

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Law Firm Hair Salon

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

632
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 49% Shops & Services 34% Dining 17%
Goodwill Apparel
6,694 visits/mo 0.1 miles
Bank of America Shops & Services
4,537 visits/mo 0.4 miles
Jersey Mike's Subs Dining
2,866 visits/mo 0.5 miles
Red Wing Apparel
1,769 visits/mo 0.5 miles
Midas Shops & Services
931 visits/mo 0.4 miles

Demographics for 55343, MN

26,307
Population
14,111
Households
1.9
Avg Household Size
38
Median Age
52%
College-Educated
97%
High-School Grad
7.7 sq mi
ZIP Area
3,416
Density / Sq Mi
$82,415
Median Household Income
$54,823
Median Earnings
$1,427
Median Rent
$350,700
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?
Mixed-use property - Newly built street-level space sits beneath a 469-unit apartment complex along Excelsior Boulevard.
Where is this mixed-use property located?
The property is located at 8490-8594 Excelsior Blvd Hopkins, MN.
What are key features of this property?
This property features: 3,059 square feet of newly constructed commercial space; Street‑level space below a 469‑unit apartment complex; More than 15,000 daily passing vehicles on Excelsior Boulevard
(651) 728-1625 Call to check price and availability
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