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Glen Lake Village 14400 Excelsior Blvd 1,240 SF of Retail Space Available in Minnetonka, MN 55345
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,240 SF | Jun 2028 | $25.34 CAD/SF/YR $2.11 CAD/SF/MO $31,417 CAD/YR $2,618 CAD/MO | Triple Net (NNN) |
1st Floor
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT GLEN LAKE VILLAGE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Caribou Coffee
- Coffee
- 724
- International
- Dragon Jade Restaurant
- Restaurant
- 1
- Regional
- Glen Lake Wine & Spirits
- Retailer
- 1
- Local
- Sisu Boutique
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Caribou Coffee | Coffee | 724 | International |
| Dragon Jade Restaurant | Restaurant | 1 | Regional |
| Glen Lake Wine & Spirits | Retailer | 1 | Local |
| Sisu Boutique | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,240 SF | Total Land Area | 7.23 AC |
| Property Type | Retail | Year Built | 1982 |
| Property Subtype | Freestanding | Parking Ratio | 6.06/1,000 SF |
| Gross Leasable Area | 38,096 SF |
| Total Space Available | 1,240 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 38,096 SF |
| Total Land Area | 7.23 AC |
| Year Built | 1982 |
| Parking Ratio | 6.06/1,000 SF |
ABOUT THE PROPERTY
Grocery Anchored Retail Space For Sublease SPACE AVAILABLE • Suite 14446: 1,240 sf • Term: 3/1/26 to 6/30/28 • 2025 CAM: $2.43 psf and Tax: $5.23 psf • Lease Rate: $18.15 psf NNN HIGHLIGHTS and FEATURES • Neighborhood center anchored by Lunds & Byerly’s • Great visibility and access from Excelsior Blvd • Located in dense Glen Lake neighborhood • Parking: 147 spaces • Building signage • Co-tenants: Glen Lake Wine and Spirits, EZ on the Eyes, Acupressure Sun Spa, and Dragon Jade • Area Tenants: Unmapped Brewing Company, Pet Stuff, Gina Marias Pizza, Studio 13, State Farm, E-Cig POD, Glen Lake Animal Hospital, BP, Tide Cleaners, Snap Fitness, Glen Lake Academy of Dance, Prestige Preschool Academy, Gold Nugget, Glen Lake Dental, Mobile Hair Proz salon, Health Source, and Gunstop DEMOGRAPHICS • Average Household Population: 1 mile - 6,118, 3 miles - 59,682 and 5 miles - 160,725 • Average Household Income: 1 mile - $152,758, 3 miles - $128,617, and 5 miles - $136,643 TRAFFIC COUNTS • Excelsior Blvd W - 10,500 vpd • Excelsior Blvd E - 10,100 vpd • Eden Prairie Road - 7,300 vpd
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Glen Lake Village | 14400 Excelsior Blvd
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