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    9300 Lexington Ave Circle Pines, MN 55014

    For Lease
    $13 SF/Yr

    Prime Circle Pines retail/office space available.

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail or office space, located within the vibrant Lexington Town Square in Circle Pines, Minnesota, presents a unique investment opportunity. Situated at 9300 Lexington Ave NE, 55014, this single-story building, constructed in 1986, offers a total of 25,000 square feet across two suites. Currently, 6,302 square feet are available, divisible into spaces ranging from 1,320 to a maximum contiguous 4,096 square feet. The property sits on 1.38 acres of land and boasts ample parking with 157 spaces. The space is ideally suited for a variety of uses, featuring a professional layout including a front entry, waiting area, four private offices, an open floor plan, two ADA-compliant restrooms, and a kitchenette/break room. Modern design elements and attractive carpet squares enhance the space's appeal. The property is zoned commercial (APN: 26-31-23-44-0036) and benefits from its location within a thriving retail strip center, anchored by established businesses such as Dunn Brothers, Subway, Edward Jones, and H&R Block. The lease rate is $13 per square foot, triple net, with estimated CAMs of $7.76. Tenants are responsible for gas and electric. This space is ready for immediate occupancy.

    Property Features for 9300 Lexington Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF
    Total Rate
    27083.33

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    9378
    Size
    2,206 SF
    Rate per SF
    $13

    HighLights

    • 25,000 SF single‑story building on 1.38 acres in Circle Pines, MN.
    • 6,302 SF available, divisible into 1,320‑4,096 SF suites.
    • Ample parking with 157 spaces.
    • Located in thriving Lexington Town Square retail center, near Dunn Brothers, Subway, and others.
    • $13/SF NNN lease rate, CAMs estimated at $7.76/SF; tenant pays gas & electric.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Clothing Store Building Supply Gym & Fitness Daycare Center Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Circle Pines
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.164772
    Latitude
    45.141384

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    FAQs

    What type of property is this?
    Retail property - Prime Circle Pines retail/office space available.
    Where is this retail property located?
    The property is located at 9300 Lexington Ave Circle Pines, MN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 25,000 SF single-story building on 1.38 acres in Circle Pines, MN.; 6,302 SF available, divisible into 1,320-4,096 SF suites.; Ample parking with 157 spaces.
    Request Owner's contact information
    9300 Lexington Ave Circle Pines, MN 55014
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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
    9300 Lexington Ave Circle Pines, MN 55014
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