1467 Lk St, Forest Lake, MN 55025
Lake Street Plaza offers an exceptional retail investment opportunity in a thriving location. This single-story, 30,038 square foot strip center, built in 2003, sits on a 1.39-acre lot and is zoned B3. Currently, 15,100 square feet of prime retail space is available for lease, offering flexible options for businesses seeking space ranging from 2,000 to 15,100 contiguous square feet. The property's multiple tenancy allows for a diverse range of businesses to thrive within the center. The building's convenient layout and ample parking provide a positive shopping experience for customers. The property's location ensures high visibility and accessibility, making it an ideal location for a variety of retail uses. With its substantial size and flexible lease options, Lake Street Plaza presents a unique chance to establish or expand a retail presence in a high-traffic area. The property's Assessed Parcel Numbers (APNs) are 703221110002, 1703221140001, and 1703221110005. This is a rare opportunity to secure a significant retail footprint in a well-established commercial area. Contact us today to learn more about leasing options and explore the potential of this exceptional property.
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.