Junior Box | Shakopee, MN 4120 Dean Lakes Blvd 17,040 SF Retail Building Shakopee, MN 55379 $3,489,800 CAD ($204.80 CAD/SF)

Prime Retail Location -
Strategically positioned just off Highway 169 in a major retail corridor, this property enjoys exceptional visibility and exposure. Shadow-anchored by Lowe’s and surrounded by strong national retailers, it benefits from strong traffic counts of more than 23,000 vehicles per day on Mystic Lake Drive.
Rare Junior Box Opportunity -
This 17,000+ SF junior box is a rare market offering with solid co-tenants, excellent visibility, and easy access. Built in 2012, the building sits on nearly two acres and provides ample parking, prominent signage, and a rear loading dock—ideal for a wide range of retail or service users.
Thriving Twin Cities Suburb -
Located just 25 miles southwest of downtown Minneapolis, Shakopee is a fast-growing Twin Cities suburb with a dynamic blend of residential, retail, and entertainment destinations. The community is home to Valleyfair, the Upper Midwest’s largest amusement park, and Canterbury Park, featuring live horse racing and a casino. Adding to the area’s momentum, a brand-new, state-of-the-art amphitheater is set to open in summer 2026.
Strong Demographics -
Recognized by Money Magazine as one of the “Top 50 Best Places to Live” in the U.S., Shakopee continues to see robust population growth, with double-digit increases recorded across multiple censuses. Within a five-mile radius, the population exceeds 100,000 with an average household income above $140,000, providing excellent retail spending power.
Diverse and Expanding Economy -
Shakopee boasts a balanced economy anchored by major employers in manufacturing, logistics, healthcare, retail, and construction. Amazon leads as the city’s largest employer, operating an 850,000 SF fulfillment center with more than 2,500 employees. Supported by a very low unemployment rate and a cost of living well below national averages, the local economy provides a stable foundation for long-term investment.