Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    9101 Lk Dr Lexington, MN 55014

    Sponsored
    For Lease
    $9 SF/Yr

    Retail space in thriving Circle Pines, MN.

    Lot size:
    93,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located within the Northway Shopping Center in Circle Pines, Minnesota, a bustling neighborhood center situated at 9101 Lake Dr, Lexington, MN 55014, near Griggs Ave. The property boasts a total of 93,000 square feet across four, single-story buildings, built in 1970 and renovated in 2015. Currently, there are 23,000 square feet of vacant space available, divisible into units ranging from 2,400 to 20,000 square feet. The center features ample parking with 185 spaces and benefits from a strong tenant lineup including Festival Foods, Dollar Tree, El Loro, and Great Clips. This Class B property sits on 27.33 acres of land and offers excellent access and visibility. The property is ideally positioned to benefit from several new housing projects in the immediate area. A drive-thru is available, and a junior anchor space is also available. Common area maintenance (CAM) is $2.75 per square foot, and taxes are $2.45 per square foot. This is a prime location for retailers seeking high visibility and strong foot traffic in a growing community. The property is located in Anoka County within the Blaine submarket cluster.

    Property Features for 9101 Lk Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    93,000 SF
    Class
    B
    Total Rate
    69750

    Building Details

    Year Built/Renovated
    1970/2015
    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    10,200 sf endcap
    Size
    10,200 SF
    Rate per SF
    $13

    HighLights

    • 23,000 SF of divisible retail space available, ranging from 2,400 SF to 20,000 SF.
    • Located in the Northway Shopping Center, Circle Pines, MN (9101 Lake Dr, Lexington, MN 55014).
    • Strong tenant mix including Festival Foods, Dollar Tree, El Loro, and Great Clips.
    • 93,000 SF total across four single‑story buildings, renovated in 2015.
    • Ample parking (185 spaces), excellent visibility, and a drive‑thru available.
    • Class B property on 27.33 acres, with CAM of $2.75/SF and taxes of $2.45/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Lexington
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.16872644
    Latitude
    45.13711022

    Nearby Comparable

    • $13 SF/Yr
      25,000 SF

      Lexington Town Square Retail Space

      Prime Circle Pines retail/office space available.
      9300 Lexington Ave, Circle Pines, MN 55014
      View Details
    • $17 SF/Yr
      1,118 SF

      Circle Pines Office Suite For Rent

      Office suite for rent with three private offices.
      30-45 Central St, Circle Pines, MN 55014
      View Details
    • Contact for pricing
      19,949 SF

      Blaine Office Space For Rent

      Office space available in Blaine, 20 minutes from Minneapolis.
      3787 95Th Ave NE, Blaine, MN 55014
      View Details
    • $17 SF/Yr
      2,040 SF

      Move-in Ready Flex Space

      Flex space with office and heated warehouse, remodeled and convenient.
      3543 88Th Ave NE, Blaine, MN 55014
      View Details
    • Contact for pricing
      20,000 SF

      Brooklyn Park Medical/Office Space

      Located in Brooklyn Park, MN, customizable suite design.
      5400 94Th Ln N, Brooklyn Park, MN 55449
      View Details
    • $24 SF/Yr
      400 SF

      Retail Space with Salon Sinks

      400 SF retail space with existing salon sinks.
      9201 Lexington Ave, Circle Pines, MN
      View Details
    • $13 SF/Yr
      1,456 SF

      Retail/Office Space in Circle Pines

      Retail or office space available in established Circle Pines center.
      9300 Lexington Ave NE, Circle Pines, MN
      View Details
    • $10 SF/Yr
      2,400 SF

      Industrial Warehouse with Outdoor Storage

      Light industrial warehouse with outdoor storage and easy highway access.
      6933 Lk Dr, Circle Pines, MN
      View Details
    • $10 SF/Yr
      5,000 SF

      Industrial Warehouse with Outdoor Storage

      Light industrial warehouse with fenced outdoor areas and easy access.
      6943 Lk Dr, Circle Pines, MN
      View Details
    • $13 SF/Yr
      1,450 SF

      Retail/Medical Space in Circle Pines

      Neighborhood center retail or medical space available for lease.
      2 S Pine Dr, Circle Pines, MN 55014
      View Details
    • $13 SF/Yr
      25,138 SF

      Shoreview Office Building for Lease

      Prime Shoreview Office Space Available
      5985 Rice Creek Pkwy, Shoreview, MN 55126
      View Details
    • $12 SF/Yr
      11,890 SF

      Shoreview Office Space For Rent

      Office space with easy access to I-35W and retail.
      5939 Rice Creek Pkwy, Shoreview, MN 55126
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail space in thriving Circle Pines, MN.
    Where is this retail property located?
    The property is located at 9101 Lk Dr Lexington, MN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 23,000 SF of divisible retail space available, ranging from 2,400 SF to 20,000 SF.; Located in the Northway Shopping Center, Circle Pines, MN (9101 Lake Dr, Lexington, MN 55014).; Strong tenant mix including Festival Foods, Dollar Tree, El Loro, and Great Clips.
    Request Owner's contact information
    9101 Lk Dr Lexington, MN 55014
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9101 Lk Dr
    Lexington, MN 55014
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    9101 Lk Dr Lexington, MN 55014
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.