Property summary
This exceptional commercial real estate offering presents a unique opportunity to establish a presence within the thriving Lexington Meadows development in Blaine, Minnesota. The property encompasses 13.64 acres of land, featuring five available retail spaces totaling 594,158 square feet. Individual spaces range from a minimum of 42,689 square feet to a maximum contiguous space of 211,266 square feet, providing flexibility for various retail concepts. Located in Anoka County, this development benefits from its strategic position near major roadways, including Highway 10 and Interstate 35W, ensuring high visibility and accessibility. The site boasts a Planned Business District zoning, allowing for a diverse range of uses, including grocery stores, restaurants, theaters, banks, hotels, medical facilities, and office spaces. The area is experiencing significant residential growth, with new senior housing, multi-family units, and owner-occupied homes recently completed or under construction, creating a substantial and expanding customer base. The property's proximity to recently opened retail establishments, such as Lexside Shops and a Kwik Trip, further enhances its appeal and potential for success. High traffic counts exceeding 36,000 vehicles per day at the nearby intersection of 109th Avenue NE and Lexington Avenue underscore the exceptional visibility and accessibility of this prime retail location. This development offers a compelling investment opportunity within a dynamic and rapidly growing community.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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