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    3673 Lexington Ave Arden Hills, MN 55126

    Sponsored
    For Lease
    Contact for pricing

    Grocery-anchored retail space available in thriving Arden Hills.

    Lot size:
    97,638 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Shannon Square Shoppes presents a unique opportunity in the vibrant Arden Hills market. This grocery-anchored shopping center, totaling 97,638 square feet, boasts a prime location just south of the I-694 interchange at Lexington Avenue, approximately 8 miles northeast of downtown Minneapolis. The center is anchored by a Cub Foods grocery store, ensuring consistent high traffic and strong consumer draw. A diverse mix of national and regional tenants complements the anchor, including Anytime Fitness, Caribou Coffee, The UPS Store, Great Clips, T-Mobile, Subway, Allstate, and H&R Block. Currently, one retail space of 1,772 square feet is available, ideal for a variety of businesses. This property benefits from a highly desirable infill location, surrounded by a dense population base: 59,341 residents within a 3-mile radius and 196,231 within a 5-mile radius. This translates to a significant customer pool and excellent potential for growth and profitability. The property's strategic location and strong tenant mix make it an attractive investment opportunity for businesses seeking high visibility and a thriving retail environment. The available space offers a chance to become part of a successful and established shopping center in a densely populated area with easy access to major transportation routes.

    Property Features for 3673 Lexington Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    97,638 SF

    Unit(s) available at that property

    Space
    C
    Size
    1,772 SF

    HighLights

    • Grocery‑anchored shopping center in Arden Hills, MN, near I‑694 and Lexington Ave.
    • Anchored by Cub Foods, with national/regional tenants including Anytime Fitness, Caribou Coffee, and others.
    • High‑density location: 59,341 residents within 3 miles, 196,231 within 5 miles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Arden Hills
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1484422
    Latitude
    45.0516089

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    FAQs

    What type of property is this?
    Individual retail property - Grocery-anchored retail space available in thriving Arden Hills.
    Where is this individual retail property located?
    The property is located at 3673 Lexington Ave Arden Hills, MN.
    What are key features of this property?
    This property features: Grocery-anchored shopping center in Arden Hills, MN, near I-694 and Lexington Ave.; Anchored by Cub Foods, with national/regional tenants including Anytime Fitness, Caribou Coffee, and others.; High-density location: 59,341 residents within 3 miles, 196,231 within 5 miles.
    Request Owner's contact information
    3673 Lexington Ave Arden Hills, MN 55126
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    Arden Hills, MN 55126
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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
    3673 Lexington Ave Arden Hills, MN 55126
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