3787 Lexington Ave N, Arden Hills, MN 55112
For Lease
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This exceptional 43,000-square-foot retail space presents a remarkable opportunity for a single tenant seeking a high-profile location in Arden Hills, Ramsey County. Completed in 2022, this new construction building boasts excellent visibility and accessibility from Lexington Avenue North. The property offers a "white box" delivery, allowing for complete customization to suit a tenant's specific needs. Its strategic location places it directly across from major national retailers such as Target and Trader Joe's, ensuring high foot traffic and brand recognition. The surrounding area benefits from a strong daytime population, providing a substantial customer base. With ample parking accommodating 205 vehicles, customer convenience is prioritized. This freestanding building offers a unique opportunity to establish a prominent presence in a thriving retail corridor. The property's modern design and prime location make it an ideal space for a variety of retail businesses seeking significant exposure and a strong foundation for growth. The entire 43,000 square feet is currently vacant, providing a blank canvas for a discerning tenant. This is a rare chance to secure a substantial, newly constructed retail space in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.