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Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,600 SF
  • Negotiable
  • $27.34 CAD/SF/YR $2.28 CAD/SF/MO $43,747 CAD/YR $3,646 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
2026-09-01

Position your business at the center of growth in St. Michael with this brand-new retail/office redevelopment opportunity at 701 Central Avenue E. This highly visible, locally owned and professionally managed property offers modern space, flexible configurations, and exceptional access along one of the area’s busiest corridors. Ideal for medical, retail, and service-oriented users, this is a rare opportunity to establish your presence in a rapidly expanding trade area surrounded by national retailers and strong daily traffic. Property Highlights New redevelopment opportunity with modern design and flexible layouts 1,600 – 6,000 SF available – ideal for medical users, retail concepts, and service providers Excellent visibility on Central Avenue E with traffic counts of approximately 19,400 vehicles per day Strategically positioned retail corridor across from Starbucks, Chipotle Mexican Grill, CVS Pharmacy, and Cub Foods—driving consistent consumer traffic Strong co-tenancy and synergy with nearby retailers including Walgreens, McDonald's, Subway, AutoZone, and more Excellent fit for medical and wellness users seeking visibility, accessibility, and proximity to daily-needs retail Locally owned and managed, ensuring responsive decision-making and tenant-focused operations Convenient access just 25 minutes to Minneapolis and 35 minutes to St. Cloud Located in a growing community with strong demographics and corporate presence, including J&B Meats Competitive lease structure at $20.00 PSF NNN

  • Lease rate does not include utilities, property expenses or building services
  • Anchor Space
  • Central Air Conditioning
  • Fully Carpeted
  • High Ceilings
  • Drop Ceilings
  • Exposed Ceiling
  • After Hours HVAC Available
  • Hardwood Floors
  • Drive Thru
  • New Redevelopment Center
Space Size Term Rental Rate Rent Type
1st Floor 1,600 SF Negotiable $27.34 CAD/SF/YR $2.28 CAD/SF/MO $43,747 CAD/YR $3,646 CAD/MO Triple Net (NNN)

1st Floor

Size
1,600 SF
Term
Negotiable
Rental Rate
$27.34 CAD/SF/YR $2.28 CAD/SF/MO $43,747 CAD/YR $3,646 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
2026-09-01

Position your business at the center of growth in St. Michael with this brand-new retail/office redevelopment opportunity at 701 Central Avenue E. This highly visible, locally owned and professionally managed property offers modern space, flexible configurations, and exceptional access along one of the area’s busiest corridors. Ideal for medical, retail, and service-oriented users, this is a rare opportunity to establish your presence in a rapidly expanding trade area surrounded by national retailers and strong daily traffic. Property Highlights New redevelopment opportunity with modern design and flexible layouts 1,600 – 6,000 SF available – ideal for medical users, retail concepts, and service providers Excellent visibility on Central Avenue E with traffic counts of approximately 19,400 vehicles per day Strategically positioned retail corridor across from Starbucks, Chipotle Mexican Grill, CVS Pharmacy, and Cub Foods—driving consistent consumer traffic Strong co-tenancy and synergy with nearby retailers including Walgreens, McDonald's, Subway, AutoZone, and more Excellent fit for medical and wellness users seeking visibility, accessibility, and proximity to daily-needs retail Locally owned and managed, ensuring responsive decision-making and tenant-focused operations Convenient access just 25 minutes to Minneapolis and 35 minutes to St. Cloud Located in a growing community with strong demographics and corporate presence, including J&B Meats Competitive lease structure at $20.00 PSF NNN

  • Lease rate does not include utilities, property expenses or building services
  • Anchor Space
  • Central Air Conditioning
  • Fully Carpeted
  • High Ceilings
  • Drop Ceilings
  • Exposed Ceiling
  • After Hours HVAC Available
  • Hardwood Floors
  • Drive Thru
  • New Redevelopment Center

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 701 SE Central Ave E, Saint Michael, MN 55376

  • Tenant
  • Description
  • US Locations
  • Reach
  • Nationwide Insurance
  • Insurance
  • 4,198
  • National
Tenant Description US Locations Reach
Nationwide Insurance Insurance 4,198 National

Property Facts

Total Space Available 1,600 SF
Property Type Retail
Property Subtype Bank
Gross Leasable Area 8,700 SF
Year Built 1980
Parking Ratio 4.6/1,000 SF

Features and Amenities

  • Signage
  • Drive Thru
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Cub Foods
MidWestOne Bank
Cash Wise
Dunn Brothers Coffee
  • Listing ID: 40243723

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 701 SE Central Ave E, Saint Michael, MN 55376

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