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Shannon Square 3673 N Lexington Ave 1,500 - 3,144 SF of Retail Space Available in Arden Hills, MN 55126
HIGHLIGHTS
- Grocery anchored shopping center just off I-694.
- Very busy center with ample parking.
- Excellent Visibility!
- Strong infill location with national tenants, limited availability!
- Easy access from a very busy street.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,644 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste F | 1,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
3673 Lexington Ave N - 1st Floor - Ste B
3673 Lexington Ave N - 1st Floor - Ste F
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
SELECT TENANTS AT SHANNON SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Anytime Fitness
- -
- -
- -
- Caribou Coffee
- -
- -
- -
- Cub Foods
- -
- -
- -
- Great Clips
- -
- -
- -
- The UPS Store
- Business/Copy/Postal Services
- 7,882
- International
- T-Mobile
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Anytime Fitness | - | - | - |
| Caribou Coffee | - | - | - |
| Cub Foods | - | - | - |
| Great Clips | - | - | - |
| The UPS Store | Business/Copy/Postal Services | 7,882 | International |
| T-Mobile | - | - | - |
PROPERTY FACTS
| Total Space Available | 3,144 SF | Frontage | 301’ on Lexington Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 97,638 SF |
| Parking | 529 Spaces | Total Land Area | 9.07 AC |
| Stores | 15 | Year Built | 1986 |
| Center Properties | 2 |
| Total Space Available | 3,144 SF |
| Center Type | Neighborhood Center |
| Parking | 529 Spaces |
| Stores | 15 |
| Center Properties | 2 |
| Frontage | 301’ on Lexington Ave |
| Gross Leasable Area | 97,638 SF |
| Total Land Area | 9.07 AC |
| Year Built | 1986 |
ABOUT THE PROPERTY
Shannon Square Shoppes is a grocery-anchored shopping center located just south of the I-694 interchange at Lexington Avenue in Arden Hills, MN, approximately 8 miles northeast of downtown Minneapolis. Anchored by Cub, other national/regional retailers at the center include Anytime Fitness, Caribou Coffee, The UPS Store, Great Clips, T-Mobile, Subway, Allstate and H&R Block. The property is in a strong infill location with a population of 59,616 within a 3-mile radius and 191,869 within a 5-mile radius.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Shannon Square | 3673 N Lexington Ave
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