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3542 Shoreline Dr 5,876 SF of Retail Space Available in Wayzata, MN 55391

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Highlights

  • Heavy Traffic
  • Drive-In Door
  • Open Showroom Area
  • Great Visibility

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 5,876 SF
  • 3-5 Years
  • $24.52 CAD/SF/YR $2.04 CAD/SF/MO $144,077 CAD/YR $12,006 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • 1 Drive-in door
Space Size Term Rental Rate Rent Type
1st Floor 5,876 SF 3-5 Years $24.52 CAD/SF/YR $2.04 CAD/SF/MO $144,077 CAD/YR $12,006 CAD/MO Triple Net (NNN)

1st Floor

Size
5,876 SF
Term
3-5 Years
Rental Rate
$24.52 CAD/SF/YR $2.04 CAD/SF/MO $144,077 CAD/YR $12,006 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • 1 Drive-in door

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.

Site Plan

Property Facts

Total Space Available 5,876 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 5,876 SF
Year Built 1986
Parking Ratio 2.68/1,000 SF

About the Property

Located along highly traveled Shoreline Drive in Wayzata, this commercial space offers a rare combination of visibility, functionality, and flexibility in one of Lake Minnetonka’s most desirable markets. The current configuration supports a wide range of modern office, showroom, service, or specialty retail uses. The space features tall ceilings and an open plan layout that creates a bright, expansive environment well suited for customer facing businesses or creative operations. Plenty of lighting enhances the space throughout, while central air conditioning and heating provide year-round comfort. A 10-foot-wide by 8-foot-tall drive-in door allows for efficient deliveries and equipment access. Private restrooms are located within the suite for added convenience. Sixteen dedicated parking spaces provide ample customer and client access, and prominent signage opportunities including large pylon signage for exceptional exposure along Shoreline Drive. The site’s strong street presence makes it easy for businesses to stand out and be seen. Whether you are seeking a high visibility showroom, a flexible service location, or a distinctive commercial space with strong branding potential, 3542 Shoreline Drive offers location, exposure, and adaptability in the heart of Wayzata.

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Nearby Major Retailers

Grand Rental Station
Caribou Coffee
Lunds & Byerlys
  • Listing ID: 39255335

  • Date on Market: 2026-01-29

  • Last Updated:

  • Address: 3542 Shoreline Dr, Wayzata, MN 55391

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