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    OFF-MARKET
    Neighborhood centers

    1467 Lk St, Forest Lake, MN 55025

    30,038 SF Built 2003
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 2003
    Total area 30,038 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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