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Cedar Hills Shopping Center 10976-11032 Cedar Lake Rd 1,000 - 2,200 SF of Retail Space Available in Minnetonka, MN 55305
HIGHLIGHTS
- Established neighborhood center in affluent area
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10992 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 11008 | 1,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 10992
1st Floor, Ste 11008
Space can be used for office, retail or medical
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,200 SF | Gross Leasable Area | 20,080 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Freestanding | Parking Ratio | 8.67/1,000 SF |
| Total Space Available | 2,200 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 20,080 SF |
| Year Built | 1988 |
| Parking Ratio | 8.67/1,000 SF |
ABOUT THE PROPERTY
Just West of Hopkins Crossroad & Cedar Lake Road S Highlights and Features • Shadow anchored by Aldi • Minnetonka is known for its strong community involvement, excellent schools, and a stable economic climate • Attractive location for businesses and families alike • The area is close to Cedar Lake and several parks • Located near several major roadways, including I-394, Highway 169, and Highway 7 • Nearby public transit options, including bus services • Ample Parking: 130 and 174 (approximately 6.01 spaces per 1,000) • The surrounding neighborhoods feature a variety of retail and dining establishments, from local cafes to well-known restaurants • Area tenants include Anytime Fitness, Freewheel Bike, Domino’s, Holiday, Crossfit Minnetonka, Crossroads Delicatessen • Current tenants include El Loro Mexican Restaurant, Awaken Pilates, Duality Sneaks, Body & Brain Yoga & Tai Chi, State Farm, The Glen Chiropractic, Edward Jones, Evolve Salon, Cloud X Vapes, Lodestone Coffee & Games, Cedar Hills Dental Space Available • Suite 11004: 936 sf • Suite 11008: 1,000 sf (lba) • Suite 10992: 1,200 sf (lba - 2nd gen salon space) • 2025 CAM/Tax/Insurance: $12.50 psf • Lease Rate: Negotiable Demographics • Average Household Population: 1 mile - 8,215, 3 miles - 77,524, and 5 miles - 202,429 • Average Household Income: 1 mile - $11,032, 3 miles - $125,558, and 5 miles - $140,825 Traffic Counts • Cedar Lake Road - 6,842 vpd • Hopkins Crossroad - 7,773 vpd
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
The Real Estate Group, LLC
Cedar Hills Shopping Center | 10976-11032 Cedar Lake Rd
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