3527-3557 Lexington Ave Shoreview, MN 55126
- Retail properties
- 53,000 SF
Current Use by Public Records
- Retail properties
Property Details for 3527-3557 Lexington Ave
- Year built
- 1974
- Property size
- 53,000 SF
- Property type
- Retail properties
Description
Arden Plaza Retail Center, located at 3527-3557 North Lexington Avenue in Arden Hills, Minnesota, presents a unique retail investment opportunity. This 53,000 square foot center, built in 1974, features a single suite of 7,066 square feet currently available for lease. The property boasts a diverse tenant mix including restaurants, a grocery store, hardware store, and salon/spa, creating a vibrant and attractive shopping destination. Situated on Lexington Avenue North, a high-traffic thoroughfare with 31,353 vehicles per day, Arden Plaza benefits from excellent visibility and accessibility. Ample parking is provided with 428 surface stalls, offering an 8.1:1,000 square foot ratio. The center's strategic location at the intersection of Lexington Avenue and County Road E provides easy access from the northern Twin Cities metro area. Furthermore, its proximity to I-694, I-35E, and I-35W ensures convenient freeway access. The surrounding area features 2.5 million square feet of office space within a two-mile radius, along with attractive residential neighborhoods, lakes, parks, and trails, contributing to a strong customer base. This remodeled center offers a compelling opportunity for businesses seeking a high-visibility location in a thriving community within Ramsey County, zip code 55126.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shoreview
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1431
- Latitude
- 45.097
