Elk River, MN Property For Sale and Lease

• Medium Retail Box.

• Single Tenant space with just over 8 years left on

the initial 10 year lease term.

• The Tenant has an option to renew for an

additional 5 years.

• This building is located between the Menards and

Coborns on Highway 169.

• Co tenants include Culver's, Sherwin Williams,

and Northwoods Dance.

• The property has excellent highway visibility in a

well established retail trade area.

• 2 drive through service doors, 3 dock doors,

plenty of parking and sharp aesthetics.

Highlights & Features:

• Conveniently located off Highway 169

• Ample parking

• Fast growing community

• Strong demographics

• Join co-tenants: O’Reilly Auto Parts, and Power Within Chiropractic

Neighboring tenants include Buffalo Wild Wings, Just For Kix, North

Memorial Health Clinic & Urgent Care, Burger King, Flowers Plus of Elk

River, Dolphin Car Wash, Sonic Drive-In, McDonald’s, New Hong Kong

Buffet, Perkins, Country Inn & Suites, Pizza Ranch, Starbucks, Cub

Foods, and more

Demographics and Traffic Counts:

• Average Population: 1 mile - 3,762, 3 miles - 15,871, and 5 miles - 28,938

• Average Household Income: 1 mile - $66,070, 3 miles - $80,383, and 5

miles - $84,332

• Traffic Counts: Freeport Avenue NW - 4,000 vpd, Hwy 169 - 42,169

vpd, and School Street - 9,200 vpd

Space Available:

• Suite B: 655 sf

• Suite C: 1,579 sf

• 2024 CAM/Tax: $4.69 psf

• Lease Rate: Negotiable

- 4 private offices + small open area

- Break room with kitchenette

- Built 2006

- Great location with easy access to highways

- Zoning: business park

- Building size: 20,320sf

4,737 SF end-cap available for lease. Currently occupied by Ames Construction, the space is available to tour today with occupancy 1/1/25. Negotiable rates & TI's. This is an ideal location for a variety of retail, restaurant, or service related

uses. Up to 9,251 contiguous SF may be available; call for details.

Features:

• Predominant grocery anchored center in trade

area

• Over 1.9M annual visits - Top in Elk River

• Average household incomes over $110k

• Strong mix of national & local tenants

• 5.19: 1,000 SF parking

• Elk River +46% growth

Welcome to a retail haven in the heart of Elk River, Minnesota where shopping meets community at its finest.

This commercial property, strategically located for convenience, provides a vibrant and diverse retail experience.

Located off Hwy 169, the dense trade area offers an extended draw for traffic to the retail destination.

It's anchored by Cub Foods, Ashley Furniture, JOANN, Planet Fitness, along with several service/retail users.

Please reach out for more information.

Welcome to a retail haven in the heart of Elk River, Minnesota where shopping meets community at its finest.

This commercial property, strategically located for convenience, provides a vibrant and diverse retail experience.

Located off Hwy 169, the dense trade area offers an extended draw for traffic to the retail destination.

It's anchored by Cub Foods, Ashley Furniture, JOANN, Planet Fitness, along with several service/retail users.

Please reach out for more information.

Welcome to a retail haven in the heart of Elk River, Minnesota where shopping meets community at its finest.

This commercial property, strategically located for convenience, provides a vibrant and diverse retail experience.

Located off Hwy 169, the dense trade area offers an extended draw for traffic to the retail destination.

It's anchored by Cub Foods, Ashley Furniture, JOANN, Planet Fitness, along with several service/retail users.

Please reach out for more information.

- 3,926 rsf office space on 2nd level "For Sublease" in Elk

River, MN

- Beautiful brick exterior building with a great amount of

windows

- Great location in downtown Elk River with quick access

to Hwy 10 & 169

- Includes 8 private office, large conf. room, restroom and

open office area

- Monument signage available on Main Street

Opportunity to acquire existing buildings with additional land for future development with excellent highway visibility.

Main Building – 8,150 SF Total

• Bay 1 “Shop” - 2,400 SF with 4 drive-in doors

• Bay 2 - 1,400 SF

• Bay 3 - 3,000 SF

• 1,350 SF lower level

1,600 SF Pole Barn which includes 1,200 SF of insulated and heated space

9,750 SF of Total Building Area

2022 built Caribou Coffee with prime Hwy 10 frontage. Triple net lease with 9 years remaining of the initial 10-year term. 10% rent increase after year 5. Three additional 5-year options with 10% rent increases after the initial 10-year term.

-Cap rate: 6.55%

-Caribou Coffee’s modern drive-up/walk-up Cabin concept.

-Caribou Coffee is a dominate regional force with strong

brand recognition.

-Since merging with Panera Brands, their reach has

exceeded 4,000 locations and 100,000 employees.

-Current annual rent of $95,000 (6.55% cap) with 10%

increase after year 5. Three additional 5-year options with

10% bumps.

-2022 construction on a high traffic corridor with right in

right out a.m. traffic.

• Professional office building in beautiful setting

overlooking small lake

• Convenient northwest metro location off Highway

169 and 193rd Avenue NW in Elk River

• Suite 118 - 743 RSF featuring reception area, two

private offices and conference room with sink

• Suite 202A - 1,794 RSF featuring reception area

and private offices

• $11.00 - $13.00 PSF Net Lease Rate

• $8.89 PSF Est. Operating Expenses (2024)

• Dedicated surface parking lot with 59 stalls

• Strong traffic counts (39,000 VPD)

• Great retail corridor featuring: Sammy’s Pizza,

Cub Foods, Planet Fitness, Huntington Bank,

Wells Fargo, Menards and Coborn’s

Great opportunity for development of 2 parcels, 3 acres (combined) with US Highway 10 Frontage off 185th Ave. Excellent location near controlled intersection of US Highway 10 and Joplin/185th.

There are two junior box or medical building pad sites are available for lease or build to suit, anchored by a grocery store. Elk Ridge Center benefits from full visibility on Hwy 169 and easy access via the intersection of 197th Avenue and Hwy 169. Hwy 169 is one of the busiest corridors of commerce in the state of Minnesota, and tenants at Elk Ridge enjoy the traffic volume and the trade area growth in Elk River. Area tenants include Walmart, Home Depot, Office Max, Coborn’s, Cub Foods, Aldi and Menards.

Great opportunity for potential development. 12.13 acres on Tyler St and Twin Lakes Road. Convenient access to Highway 10/169 and Highway 101. Northstar Commuter Rail Station nearby. Over 6,000 Vehicles Per Day on Twin Lakes Road.

A certified development site ready for your next project.

Sherburne County Site Highlights:

• $2 psf

• Over 27 acres certified as Minnesota Shovel

Ready

• Adjacent to two Fortune 50 data centers

• Redundant electric service

• Municipally owned utility

• Excellent power rates

• Located in Elk River, MN – a leader in energy

innovation

• Reliable teamwork with local government

• Competitive fiber-optic providers

• Proximity to the Minneapolis/St Paul metro area –

home to 21 Fortune 500 companies

• Minnesota’s world class workforce

• Electrical engineering and technical training

available

• Cool northern climate

Development site ready for your next project.

Sherburne County Site Highlights:

• $2 psf

• Over 8 acres Shovel Ready

• Adjacent to two Fortune 50 data centers

• Redundant electric service

• Municipally owned utility

• Excellent power rates

• Located in Elk River, MN – a leader in energy

innovation

• Reliable teamwork with local government

• Competitive fiber-optic providers

• Proximity to the Minneapolis/St Paul metro area –

home to 21 Fortune 500 companies

• Minnesota’s world class workforce

• Electrical engineering and technical training

available

• Cool northern climate

- 14,150 SF Industrial Building Available FOR LEASE in Elk River, MN

- Great exposure to high traffic counts on US Hwy 10.

- Perfect for many companies with outside storage / sales requirements.

- Secured gated access with outdoor storage.

- Outside Storage available - 86,150 SF

- Cold Storage available - 5,450 SF

- Shop Area - 4,250 SF

- Showroom Area - 4,450 SF

- (2) Drive in doors - 10’ x 12’

- (1) Drive in door (Cold Storage) - 16’ x 10’

- Built in 1976

- 3.61 acre site

- Development opportunity along Highway 10 and the

101/169 Interchange!

- 6.46 Acres available

- Up to 11.13 acres available. The adjacent site to the south

is also available for sale which has existing buildings on

an additional 4.67 acres of land

Elk River Crossing currently 100% occupied

Elk River Crossing currently 100% occupied

Elk River Crossing currently 100% occupied

Looking for the perfect space for your automotive repair business? Look no further than this spacious building conveniently located between Elk River and Ramsey, with easy access from Hwy 10.

Featuring a secondary space for sales, this building is the perfect solution for all your automotive needs. With spacious suites available, you'll have plenty of room to work and grow your business. Plus, with a 2800 amp service, this site is suitable for a wide range of uses, from auto and equipment repair to manufacturing and much more.

If you're looking for less space, no problem! The building is divisible down to 2000SF suites, so you can find the perfect size for your business. With easy-to-find location and great access, this building is sure to meet all your real estate needs.

Don't miss your chance to take advantage of this amazing opportunity. Contact us today to learn more and to schedule a tour of this incredible automotive space.

Site Information:

• Location: Elk River, MN

• Timing: 2022 Fall/Winter Delivery

• Parking: 86 spaces total

Availability:

• Lot 2 - 1.07 ac: 5,400 SF Total (1,500 SF, 1,500 SF,

2,400 SF)

• Lot 3 - 0.90 ac: 4,800 SF

Traffic Counts:

• Hwy 169: 42,500 vpd

• Zane Street: 12,200 vpd

Site Information:

• Location: Elk River, MN

• Timing: 2022 Fall/Winter Delivery

• Parking: 86 spaces total

Availability:

• Lot 2 - 1.07 ac: 5,400 SF Total (1,500 SF, 1,500 SF,

2,400 SF)

• Lot 3 - 0.90 ac: 4,800 SF

Traffic Counts:

• Hwy 169: 42,500 vpd

• Zane Street: 12,200 vpd

The City of Elk River's Economic Development Authority owns this property.

Grocery anchored development with two retail/restaurant or medical building pad sites are available for lease, sale or build to suit. Elk Ridge Center benefits from full visibility on Hwy 169 and easy access via the intersections at 193rd/197th Avenue and Hwy 169. Hwy 169 is one of the busiest corridors of commerce in the state of Minnesota, and tenants at Elk Ridge enjoy the traffic volume and the trade area growth in Elk River. Center tenants include US Bank, New Horizons, Aldi Foods, and Goodwill. Area tenants include Walmart, Home Depot, Office Max, Coborn’s, Cub Foods, Aldi and Menards.

Located at NE of 165th Ave NW and Hwy 10 Elk River, MN.

Excellent opportunity in the hear of Otsego! Easy access, close to major retail stores, the possibilities are endless for this property! Retail near by 101 Market, Cowboy Jacks and Keller Williams.

PetSmart anchored pad site positioned in the heart of the Elk River Trade Area, strategically located on Highway 169 in front of Super Wal-Mart and The Home Depot. The site has excellent sight lines off of Highway 169 and is a strong opportunity for a multitude of uses. Multiple uses permitted: Retail Shops and stores/restaurants with Drive-thru, Convenience Stores/Business and Professional Uses, Financial (bank), Institutions/Automotive. Zoned C-3 Highway Commercial Development.