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    2131 Commerce Blvd Mound, MN 55364

    For Lease
    Contact for pricing

    Grocery-anchored retail center; two spaces available.

    Lot size:
    4,024 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Mound Marketplace presents a unique investment opportunity in Hennepin County. This grocery-anchored strip center is the only one of its kind in the immediate area, providing a significant advantage for national retailers seeking to tap into a consistent daily-needs customer base. The property totals 4,024 square feet and is currently 100% vacant, offering two divisible spaces. One space offers a minimum of 1,039 square feet, while the maximum contiguous space available is 2,985 square feet. This presents flexibility for businesses of varying sizes. The center benefits from a high-demographic profile within its market, ensuring a strong potential customer base. The property's strategic location as the only grocery-anchored center in the area guarantees high visibility and consistent foot traffic. This is an exceptional opportunity for businesses seeking a prime retail location with a built-in customer base in a thriving community. The entire 4,024 square feet is available for lease, allowing for a single tenant to occupy the entire space or for multiple tenants to occupy the divisible spaces. This presents a rare chance to establish a significant presence in a desirable market. Interested parties are encouraged to inquire for further details and leasing options.

    Property Features for 2131 Commerce Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,024 SF

    Unit(s) available at that property

    Space
    Suite 2185
    Size
    1,039 SF
    Space
    Suite 2161
    Size
    2,985 SF

    HighLights

    • 4,024 SF retail strip center in Hennepin County.
    • Multiple tenancies available, ranging from 1,039 SF to 2,985 SF contiguous space.
    • Entire 4,024 SF building is currently vacant.
    • Grocery‑anchored neighborhood center with high‑traffic, daily‑needs customer base.
    • Attractive location for national retailers due to strong demographics.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mound
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.668089
    Latitude
    44.9390006

    Nearby Comparable

    • Contact for pricing
      2,985 SF

      Retail Space on Commerce Blvd

      Retail space available at Lynwood Blvd and Commerce Blvd intersection.
      2141-2195 Commerce Blvd, Mound, MN 55364
      View Details
    • $12 SF/Yr
      8,218 SF

      Mound Retail/Office Space Available

      Retail or office space for lease in Mound, Minnesota.
      2200-2238 Commerce Blvd, Mound, MN 55364
      View Details
    • $14 SF/Yr
      4,466 SF

      Retail Space Near Lake Minnetonka

      Retail space with high visibility and convenient parking.
      5213-5293 Shoreline Dr, Mound, MN 55364
      View Details
    • $4 SF/Yr
      9,039 SF

      Mound Flex Space Near Lake

      Flex space available one block from Lake Minnetonka in Mound.
      5300 Shoreline Dr, Mound, MN 55364
      View Details
    • $10 SF/Yr
      28,092 SF

      Spring Park Office Warehouse Space

      Office warehouse space available for lease in Spring Park.
      4254-4300 Shoreline Dr, Spring Park, MN 55384
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    • $12 SF/Yr
      3,689 SF

      Office Warehouse Suite For Lease

      3,689 SF office warehouse suite available for lease.
      4142-4166 Shoreline Dr, Spring Park, MN 55384
      View Details

    Nearby Similar for Lease

    • $14 SF/Yr
      4,466 SF

      Retail Space Near Lake Minnetonka

      Retail space with high visibility and convenient parking.
      5213-5293 Shoreline Dr, Mound, MN 55364
      View Details
    • $12 SF/Yr
      8,218 SF

      Mound Retail/Office Space Available

      Retail or office space for lease in Mound, Minnesota.
      2200-2238 Commerce Blvd, Mound, MN 55364
      View Details
    • $4 SF/Yr
      9,039 SF

      Mound Flex Space Near Lake

      Flex space available one block from Lake Minnetonka in Mound.
      5300 Shoreline Dr, Mound, MN 55364
      View Details
    • Contact for pricing
      2,985 SF

      Retail Space on Commerce Blvd

      Retail space available at Lynwood Blvd and Commerce Blvd intersection.
      2141-2195 Commerce Blvd, Mound, MN 55364
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Grocery-anchored retail center; two spaces available.
    Where is this neighborhood center located?
    The property is located at 2131 Commerce Blvd Mound, MN.
    What are key features of this property?
    This property features: 4,024 SF retail strip center in Hennepin County.; Multiple tenancies available, ranging from 1,039 SF to 2,985 SF contiguous space.; Entire 4,024 SF building is currently vacant.
    Request Owner's contact information
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    Mound, MN 55364
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2131 Commerce Blvd Mound, MN 55364
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