1500 Lk St Forest Lake, MN 55025
Northland Plaza, located at 1500 Lake St S, Forest Lake, MN 55025, offers prime retail space for lease. This 14,917 square foot commercial property, built in 1995, sits on a 3.29-acre lot (APN: 1703221130026) and currently has 2,615 square feet of vacant space available. The property is ideal for multiple tenants, with individual units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 1,415 square feet. The flexible layout allows for various business configurations. This well-located property provides excellent visibility and accessibility for customers. Its strategic placement in Forest Lake, Minnesota, offers a strong potential for business growth and success. The property's age suggests established infrastructure and potential for cost-effective operation. Interested parties are encouraged to inquire about lease terms and availability for these versatile retail spaces. The property's size and location make it an attractive opportunity for businesses seeking a prominent presence in the Forest Lake market. Don't miss this chance to secure your ideal retail space in this thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.