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4636 Colorado St SE 896 - 2,719 SF of Space Available in Prior Lake, MN 55372
Highlights
- Prime Prior Lake Location
- High Visibility & Signage Opportunities
- Close to Residential & Retail Amenities
- Consistent Traffic Exposure
- Ample On-Site Parking
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 896 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 2nd Floor | 1,823 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Position your business for success in the heart of downtown Prior Lake. This first- or second-floor commercial space offers a flexible layout ideal for retail, office, or service-based users in one of the area’s fastest- growing and most vibrant communities. The property is anchored by the highly anticipated Chula’s Mexican-Latin Food & Spirits, an exciting new restaurant bringing a unique dining experience, handcrafted cocktails, and strong destination traffic to downtown Prior Lake. In addition, the neighboring dance studio generates consistent daily foot traffic from students, families, and visitors, creating added visibility and exposure for tenants. Combined with strong area traffic, excellent frontage, and convenient access to Minneapolis, Saint Paul, and Mystic Lake Casino Hotel, this location offers exceptional synergy and energy for businesses looking to establish or expand in a high-demand market.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- High Ceilings
- Exposed Ceiling
- Prime Prior Lake Location
- Consistent Traffic Exposure
- High Visibility & Signage Opportunities
- Ample On-Site Parking
- Close to Residential & Retail Amenities
1st Floor, Ste 2nd Floor
Position your business for success in the heart of downtown Prior Lake. This first- or second-floor commercial space offers a flexible layout ideal for retail, office, or service-based users in one of the area’s fastest- growing and most vibrant communities. The property is anchored by the highly anticipated Chula’s Mexican-Latin Food & Spirits, an exciting new restaurant bringing a unique dining experience, handcrafted cocktails, and strong destination traffic to downtown Prior Lake. In addition, the neighboring dance studio generates consistent daily foot traffic from students, families, and visitors, creating added visibility and exposure for tenants. Combined with strong area traffic, excellent frontage, and convenient access to Minneapolis, Saint Paul, and Mystic Lake Casino Hotel, this location offers exceptional synergy and energy for businesses looking to establish or expand in a high-demand market.
- Prime Prior Lake Location
- Consistent Traffic Exposure
- High Visibility & Signage Opportunities
- Ample On-Site Parking
- Close to Residential & Retail Amenities
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 4636 Colorado St SE, Prior Lake, MN 55372
- Tenant
- Description
- US Locations
- Reach
- Chula’s Mexican-Latin Food & Spirits
- Accommodation and Food Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Chula’s Mexican-Latin Food & Spirits | Accommodation and Food Services | 1 | - |
Property Facts
| Total Space Available | 2,719 SF | Gross Leasable Area | 2,882 SF |
| Property Type | Retail | Year Built | 2026 |
| Property Subtype | Restaurant |
| Total Space Available | 2,719 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,882 SF |
| Year Built | 2026 |
About the Property
Position your business for success in the heart of downtown Prior Lake. This first- or second-floor commercial space offers a flexible layout ideal for retail, office, or service-based users in one of the area’s fastest- growing and most vibrant communities. The property is anchored by the highly anticipated Chula’s Mexican-Latin Food & Spirits, an exciting new restaurant bringing a unique dining experience, handcrafted cocktails, and strong destination traffic to downtown Prior Lake. In addition, the neighboring dance studio generates consistent daily foot traffic from students, families, and visitors, creating added visibility and exposure for tenants. Combined with strong area traffic, excellent frontage, and convenient access to Minneapolis, Saint Paul, and Mystic Lake Casino Hotel, this location offers exceptional synergy and energy for businesses looking to establish or expand in a high-demand market. 2026 Est CAM/Tax at $3.48/ SF Lease | Negotiable
- Skylights
- Air Conditioning
Nearby Major Retailers
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4636 Colorado St SE
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