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Stonegate Plaza 5217-5241 Shoreline Dr
4,466 - 9,226 SF of Retail Space Available in Mound, MN 55364
Highlights
- Excellent access, visibility along Shoreline Drive; 1 block from Lake Minnetonka
- Traffic Count- 11,739 VPD along Shoreline Drive
- Mound is main trade area for Minnetrista, Orono, Watertown, Independence, St. Bonifacious & Laketown Twp with over 40,000 population (MnData'17)
- Over 100 parking stalls, convenient parking 3 sides
- Average Household Income: 3 mile- $103,913 , 5 miles- $121,983, 10 miles- $128,862
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5221 | 4,466 SF | Negotiable | $17.38 CAD/SF/YR $1.45 CAD/SF/MO $77,623 CAD/YR $6,469 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5225 | 4,760 SF | Negotiable | $17.38 CAD/SF/YR $1.45 CAD/SF/MO $82,733 CAD/YR $6,894 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 5221
Suite 5221 & Suite 5225 could be combined, max contiguous 9,226 RSF
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,226 SF of adjacent space
- Central Air Conditioning
- High Ceilings
- High Visibility
- Onsite Parking
- High Ceilings
1st Floor, Ste 5225
Suite 5225 & Suite 5221 could be combined, max contiguous 9,226 RSF
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,226 SF of adjacent 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.
SITE PLAN
SELECT TENANTS AT Stonegate Plaza
- Tenant
- Description
- US Locations
- Reach
- 3soteric Life
- -
- 1
- -
- Daruma Hibachi
- Accommodation and Food Services
- -
- -
- We Can
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| 3soteric Life | - | 1 | - |
| Daruma Hibachi | Accommodation and Food Services | - | - |
| We Can | Services | 1 | - |
PROPERTY FACTS FOR 5217-5241 Shoreline Dr , Mound, MN 55364
| Total Space Available | 9,226 SF | Total Land Area | 3.25 AC |
| Property Type | Retail | Year Built/Renovated | 1960/2006 |
| Property Subtype | Freestanding | Parking Ratio | 3.08/1,000 SF |
| Gross Leasable Area | 32,425 SF |
| Total Space Available | 9,226 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 32,425 SF |
| Total Land Area | 3.25 AC |
| Year Built/Renovated | 1960/2006 |
| Parking Ratio | 3.08/1,000 SF |
About the Property
• Suite 5225 & Suite 5221 can be combined-max contiguous 9,226 SF • 159 parking stalls, convenient parking on 3 sides • Co-Tenants include Wheels to Waves, We Can, Hibachi Daruma, Vision Arcade & Skateboard, Pilates Elevated, Mama's Happy and CorTrust Bank • Area Tenants: Ridgeview Clinic, Subway, Caribou, Jubilee Foods, Walgreens, Dominos, Mound True Value Hardware
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
Stonegate Plaza | 5217-5241 Shoreline Dr
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