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Golden Valley Shopping Center 7900-8040 Olson Memorial Hwy 2,000 - 20,000 SF of Retail Space Available in Golden Valley, MN 55427
HIGHLIGHTS
- Fully signalized intersection with prominent visibility to Hwy 55.
- Well established shopping center undergoing renovations at the highly trafficked intersection of Hwy 55 & Winnetka Ave. N.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000-20,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Small, mid, box and pad opportunities available.
- Fully Built-Out as Standard Retail Space
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 GOLDEN VALLEY SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ace Hardware
- Hardware
- 4,593
- International
- Down In The Valley Inc
- Music/Video/Games
- 2
- Regional
- Jimmy John's
- Sub Sandwich
- 3,217
- International
- Liquor Barrel
- Liquor
- 1
- Local
- O'Reilly Auto Parts
- Automotive
- 7,336
- International
- The UPS Store
- Business/Copy/Postal Services
- 7,882
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ace Hardware | Hardware | 4,593 | International |
| Down In The Valley Inc | Music/Video/Games | 2 | Regional |
| Jimmy John's | Sub Sandwich | 3,217 | International |
| Liquor Barrel | Liquor | 1 | Local |
| O'Reilly Auto Parts | Automotive | 7,336 | International |
| The UPS Store | Business/Copy/Postal Services | 7,882 | International |
PROPERTY FACTS
| Total Space Available | 20,000 SF | Total Land Area | 8.80 AC |
| Min. Divisible | 2,000 SF | Year Built | 1953 |
| Property Type | Retail | Parking Ratio | 9.41/1,000 SF |
| Gross Leasable Area | 75,429 SF |
| Total Space Available | 20,000 SF |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 75,429 SF |
| Total Land Area | 8.80 AC |
| Year Built | 1953 |
| Parking Ratio | 9.41/1,000 SF |
ABOUT THE PROPERTY
Golden Valley Shopping Center, a long-standing retail landmark in the heart of Golden Valley, Minnesota, first opened its doors in 1953. With over 70 years of continuous operation, the center has served as a cornerstone of community commerce and activity in the western Twin Cities metro area. Strategically located in a first ring suburb to Minneapolis’s Downtown and North Loop sub-markets, Golden Valley Shopping Center offers excellent visibility and easy access to a highly dense and diversified consumer mix. Under new ownership for the first time since development, Golden Valley Shopping Center is currently undergoing an extensive, multi-phase renovation. The revitalization project includes significant exterior upgrades, enhanced landscaping, improved parking and lighting, and a fresh architectural identity.
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Golden Valley Shopping Center | 7900-8040 Olson Memorial Hwy
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