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Lexington Crossings (BTS Daycare) 125th Ave NE
11,000 SF of Retail Space Available in Blaine, MN 55449
Highlights
- Build-To-Suit Opportunity
- Multi-Use/Building Development
- Flexible Zoning
- Construction Start Planned for Q1 2025
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 11,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Planned new construction; 11,000 SF +/- daycare. Construction start planned for Q1 of 2025. Negotiable rates & TI's available. Stand-alone daycare facility sought for this portion of the project. Call for details.
- Build-To-Suit Opportunity
- New Construction Daycare Facility
- Negotiable Rates & TI's
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.
PROPERTY FACTS FOR 125th Ave NE , Blaine, MN 55449
Property Type | Retail | Total Land Area | 27.00 AC |
Property Subtype | Day Care Centre | Construction Status | Proposed |
Gross Leasable Area | 11,000 SF | Cross Streets | Lexington Ave NE |
Property Type | Retail |
Property Subtype | Day Care Centre |
Gross Leasable Area | 11,000 SF |
Total Land Area | 27.00 AC |
Construction Status | Proposed |
Cross Streets | Lexington Ave NE |
About the Property
HJ Development is currently marketing Lexington Crossings, a 27-acre commercial development anchored by Jerry's Foods. Located in the SW corner of 125th Ave. NE & Lexington Ave. NE, the site is immediately east of planned single and multi-family residential projects. Of the 27-acres, approximately 18-20 are buildable with the balance being made up of wetlands. Uses envisioned for this development include multi-tenant retail strip centers, a daycare, and a free-standing restaurant. Construction start is planned for Q1 2025. For more information please contact us directly.
Presented by
Lexington Crossings (BTS Daycare) | 125th Ave NE
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