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Retail and Office Complex
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16731 State Hwy 13, Prior Lake, MN 55372

Office and retail complex in Prior Lake's central business district.

Space SizeContact for details
Property Size81,229 SF
Days on Market2213

Property Features for 16731 State Hwy 13

General Information

Standard status Active
Size 81,229 SF
Class B
Property subtype Retail, Office
Lease Type Net

Building Details

Building Size 81,229 SF
Year Built 1975
Tenancy Multiple

Spaces For Lease

at 16731 State Hwy 13 Contact us

Suite 118 A

Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 118 B

Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 111

Type
Office, Retail
Lease Type
Net
Availability
Active
Contact us

Suite 117

Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Suntide Commercial Realty
Listed By: Kevin Peck · License #MN 20587160
Source: Crexi
Added: Aug 13, 2020 Changed: Aug 27 Last Checked: Sep 2 at 1:52AM

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 Suntide Commercial Realty

Investment Insights

Based on property information with market context.

South Lake Village is an office and retail complex that provides both storefront and interior opportunities. Anchored by Lunds & Byerly’s, the property features prime frontage along Highway 13 in Prior Lake’s central business district. South Lake Village has become a popular commercial destination in an affluent exurb of the Twin Cities, offering abundant parking and several dining and entertainment options.

Key Highlights

  • Anchored by Lunds & Byerly’s, a well‑known grocery store.
  • Prime frontage along Highway 13 in Prior Lake’s central business district.
  • Located in a popular commercial destination in an affluent exurb of the Twin Cities.

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 55372, MN

34,327
Population
12,631
Households
2.7
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
58.5 sq mi
ZIP Area
587
Density / Sq Mi
$140,835
Median Household Income
$66,558
Median Earnings
$1,406
Median Rent
$450,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Office and retail complex in Prior Lake's central business district.
Where is this retail space located?
The property is located at 16731 State Hwy 13 Prior Lake, MN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Anchored by Lunds & Byerly’s, a well‑known grocery store.; Prime frontage along Highway 13 in Prior Lake’s central business district.; Located in a popular commercial destination in an affluent exurb of the Twin Cities.
(612) 834-2250 Call to check price and availability
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