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    3673 Lexington Ave N Arden Hills, MN 55126
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    Property profile & analytics

    3673 Lexington Ave N Arden Hills, MN 55126


    • Community centers
    • 29,557 SF
    • 4.04 lot acres
    Grocery-Anchored Shopping Center For Rent For Lease
    $2,650,000

    Grocery-Anchored Shopping Center For Rent

    Retail spaces available in Arden Hills shopping center.

    3673 Lexington Ave N, Arden Hills, MN 55126
    View Listing
    Property ID
    US46-0902964
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 3673 Lexington Ave N

    Year built
    1986
    Lot size
    4.04 lot acres
    Property size
    29,557 SF
    Zone code
    C
    Property type
    Community centers
    Property subtype
    Shopping 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 Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $4,355,000

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $137,440
    $1,408,700
    $3,631,700
    $5,040,400
    -
    $1,408,700
    $3,631,700
    $5,040,400
    View Listing
    More about this property
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