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Medina Retail Building 872 Highway 55
1,208 - 3,717 SF of 4-Star Retail Space Available in Medina, MN 55340
Highlights
- New construction
- Anchor in Suite 100: Reflections Dental Studio
- At the intersection of Pinto Drive and Olson Memorial Highway (Hwy 55)
- Great visibility from busy Hwy 55
- 31 parking stalls
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 200 | 1,251 SF | Negotiable | $42.52 CAD/SF/YR $3.54 CAD/SF/MO $457.73 CAD/m²/YR $38.14 CAD/m²/MO $4,433 CAD/MO $53,198 CAD/YR | Modified Gross | ||
| 1st Floor, Ste 300 | 1,208 SF | Negotiable | $43.94 CAD/SF/YR $3.66 CAD/SF/MO $472.98 CAD/m²/YR $39.42 CAD/m²/MO $4,423 CAD/MO $53,081 CAD/YR | Modified Gross | ||
| 1st Floor, Ste 400 | 1,258 SF | Negotiable | $45.36 CAD/SF/YR $3.78 CAD/SF/MO $488.24 CAD/m²/YR $40.69 CAD/m²/MO $4,755 CAD/MO $57,062 CAD/YR | Modified Gross |
1st Floor, Ste 200
Base Rent: $30-$32 PSF CAM: $2.50 PSF Taxes: $12.50 PSF
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
- Space is in Excellent Condition
1st Floor, Ste 300
Base Rent: $30-$32 PSF CAM: $2.50 PSF Taxes: $12.50 PSF
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
- Space is in Excellent Condition
1st Floor, Ste 400
Base Rent: $30-$32 PSF CAM: $2.50 PSF Taxes: $12.50 PSF
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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 Medina Retail Building
- Tenant
- Description
- US Locations
- Reach
- Reflections Dental Care
- Health Care and Social Assistance
- -
- -
| Tenant | Description | US Locations | Reach |
| Reflections Dental Care | Health Care and Social Assistance | - | - |
PROPERTY FACTS FOR 872 Highway 55 , Medina, MN 55340
| Property Type | Retail | Gross Leasable Area | 7,059 SF |
| Property Subtype | Freestanding | Year Built | 2024 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,059 SF |
| Year Built | 2024 |
About the Property
Fabulous multi-tenant, new construction on busy Hwy 55 • 3,717 SF build to suit • Can be divided into 1, 2, or 3 suites: Suite 200 (1,251 SF), Suite 300 (1,208 SF), Suite 400 (1,258 SF)
Nearby Major Retailers
Presented by
Medina Retail Building | 872 Highway 55
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