3673 Lexington Ave Arden Hills, MN 55126
- Community centers
- 29,557 SF
- 4.04 lot acres
Current Use by Public Records
- Community centers
Property Details for 3673 Lexington Ave
- Year built
- 1986
- Lot size
- 4.04 lot acres
- Property size
- 29,557 SF
- Zone code
- C
- Property type
- Community centers
- APN
- 27-30-23-44-0015
- APU
- 273023440015
Description
Shannon Square Shoppes presents a unique opportunity in the vibrant Arden Hills market. This grocery-anchored shopping center, totaling 97,638 square feet, boasts a prime location just south of the I-694 interchange at Lexington Avenue, approximately 8 miles northeast of downtown Minneapolis. The center is anchored by a Cub Foods grocery store, ensuring consistent high traffic and strong consumer draw. A diverse mix of national and regional tenants complements the anchor, including Anytime Fitness, Caribou Coffee, The UPS Store, Great Clips, T-Mobile, Subway, Allstate, and H&R Block. Currently, one retail space of 1,772 square feet is available, ideal for a variety of businesses. This property benefits from a highly desirable infill location, surrounded by a dense population base: 59,341 residents within a 3-mile radius and 196,231 within a 5-mile radius. This translates to a significant customer pool and excellent potential for growth and profitability. The property's strategic location and strong tenant mix make it an attractive investment opportunity for businesses seeking high visibility and a thriving retail environment. The available space offers a chance to become part of a successful and established shopping center in a densely populated area with easy access to major transportation routes.
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
- Arden Hills
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1481
- Latitude
- 45.0519
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
