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    651 Rose Dr Big Lake, MN 55309

    Sponsored
    For Lease
    $12 SF/Yr

    Prime location, high traffic, established center

    Lot size:
    1,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,250 sq. ft. restaurant space is located in the Lake Shopping Center in Big Lake, Minnesota, offering exceptional visibility and accessibility. Situated just one block from Highway 10, boasting a daily traffic count of 21,000 vehicles, this property benefits from high traffic volume and strong local consumer base. The shopping center is anchored by well-established businesses like Lake Liquors and Hardware Hank, and includes other tenants such as Snap Fitness, Grind Nutrition, Two Cute Boutique, and Subway, creating a vibrant and diverse retail environment. The space itself features a fully equipped commercial kitchen, including a walk-in cooler, which will be available to the new tenant. A private bathroom is conveniently located within the suite. The property also offers a shared common area vestibule for customer seating and a prime signage location on the building's side facing Highway 10, ensuring maximum brand exposure. Big Lake's population of over 11,000 (2020 census), with a significant portion residing within a three-mile radius, guarantees a strong local customer base. The property's proximity to major housing developments and the Big Lake School District further enhances its appeal and potential for success. This is a turn-key opportunity for a restaurant operator seeking a high-visibility location in a thriving community.

    Property Features for 651 Rose Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,250 SF

    Unit(s) available at that property

    Space
    Size
    1,250 SF
    Rate per SF
    $12

    HighLights

    • 1,250 sq. ft. single‑tenant restaurant space in Sherburne County.
    • High‑visibility location in Lake Shopping Center, Big Lake, MN, one block from Highway 10 (21,000 VPD).
    • Strong local consumer base; Big Lake population (2020) over 11,000 within a three‑mile radius.
    • Co‑tenancy includes Lake Liquors, Hardware Hank, Snap Fitness, Grind Nutrition, Two Cute Boutique, and Subway.
    • Features include a shared common area vestibule, existing commercial kitchen equipment (including walk‑in cooler), private bathroom, and highway signage opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Snap Fitness Big ... Gym Grind Nutrition Cafe Two Cute Boutique Children'S Store

    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
    Big Lake
    County
    Sherburne
    State
    Minnesota
    Longitude
    -93.7374668
    Latitude
    45.3338581

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    Nearby Similar for Lease

    • Contact for pricing
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      1,647 SF retail space available for lease.
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    • $13 SF/Yr
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      Retail Space with Private Entrance

      Retail space featuring individual entrances and a private restroom.
      751 Rose Dr, Big Lake, MN 55309
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    FAQs

    What type of property is this?
    Restaurant - Prime location, high traffic, established center
    Where is this restaurant located?
    The property is located at 651 Rose Dr Big Lake, MN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 1,250 sq. ft. single-tenant restaurant space in Sherburne County.; High-visibility location in Lake Shopping Center, Big Lake, MN, one block from Highway 10 (21,000 VPD).; Strong local consumer base; Big Lake population (2020) over 11,000 within a three-mile radius.
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    651 Rose Dr Big Lake, MN 55309
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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
    651 Rose Dr Big Lake, MN 55309
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