FOR LEASE 16777 MARKETPLACE DR. BIG LAKE, MN 55309 · Mark Hulsey | Managing Broker |651.256.7404...

FOR LEASE 16777 MARKETPLACE DR.BIG LAKE, MN 55309

Presented By:

Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]

Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]

Lease Rate: 12.00 SF/YR

Building Size: 12,528 SF

Available SF: 1,176 - 2,635 SF

Lot Size: 2.24 Acres

Zoning: B-3 - General BusinessDistrict

Traffic Count: 18,400

OFFERING SUMMARY PROPERTY OVERVIEW

New Ownership! 2 Retail Storefronts & Turn-Key Restaurant with equipment available for lease! 2nd Generation

Restaurant space is 2,635 square feet. Former restaurant to Long John Silvers, A&W & BBQ. 2 retail storefront totaling

2,376 square feet - 1,176 & 1,200 square feet each. Storefronts currently contiguous, but can be easily separated with a

dividing wall. Set up for 2 storefronts with separate entrances/exits. Currently in shell condition and never been

occupied. Flexible lease terms! Spaces are located next to a Minnoco Gas Station, Car Wash and Market Places

Express Convenience Store run by building ownership. The property was developed in 2007 and Build by RJ Ryan

Construction. Contact Listing Broker with questions and tour requests.

PROPERTY HIGHLIGHTS

• 2 Retail Storefronts Totaling 2,635 SF (1,176 & 1,200 SF each)

• Turn-Key Restaurant Space – 2,635 SF

• Developed in 2007 by RJ Ryan Construction

• Flexible lease terms

16777 MARKETPLACE DR.BIG LAKE, MN 55309

EXECUTIVE SUMMARY

Presented By:



LEASE RATE 12.00 SF/YEAR

LOCATION INFORMATION

Building Name 16777 Marketplace Dr.

Street Address 16777 Marketplace Dr.

City, State, Zip Big Lake, MN 55309

County Sherburne

Road Type Paved

Market Type Small

Nearest Highway Highway 10

Nearest Airport Minneapolis/St. Paul InternationalAirport

BUILDING INFORMATION

Lease Rate Negotiable

Tenancy Multiple

Number Of Floors 1

Construction Status Existing

Free Standing No

PROPERTY INFORMATION

Property Type Retail

Property Subtype Strip Center

Corner Property Yes

Traffic Count 18400

Traffic Count Street US Highway 10

Power Yes

PARKING & TRANSPORTATION

Parking Type Surface

Number Of Parking Spaces 81

UTILITIES & AMENITIES

Central HVAC Yes

Gas / Propane Yes


PROPERTY DETAILS

Presented By:



SUITE SIZE (SF) LEASE TYPE LEASE RATE

16777 Marketplace Dr #1 Available 1,176 SF NNN $12.00 SF/yr

16777 Marketplace Dr #2 Available 1,200 SF NNN $12.00 SF/yr

16777 Marketplace Dr. #1 /2 Combined Available 2,376 SF NNN $12.00 SF/yr

16777 Marketplace Dr - Restaurant Available 2,635 SF NNN $12.00 SF/yr

LEASE TYPE | NNN

TOTAL SPACE | 1,176 - 2,635 SF

LEASE TERM | Negotiable

LEASE RATE | 12.00 SF/Yr


AVAILABLE SPACES

Presented By:



B-3 GENERAL BUSINESS ZONINGThe purpose of the B-3, General Business District is to provide for the establishment of commercial and service activities which draw from and serve customers fromthe entire community or sub-region.

Permitted Uses: Bait & Tackle Shop, Banks, credit unions, and other financial institutions, Beer store (subject to license requirements of the City), Bicycle Sales &Repair, Boat & Marine Sales (when conducted entirely within a building), Building Material Sales (provided it is conducted entirely within a building), ChiropracticClinic, Dry cleaning, Laundromat, Laundry Service, Garden Center (provided it is conducted entirely within a building), Grocery or Supermarket, Health Club, HobbyStore (including handicraft classes), Interior Design Studio, Jewelry Sales & Repair, Library, Live Entertainment (indoor), Meat Market (but not including processingfor a locker) Medical Clinic, Dental Clinic, Multi Tenant Retail Facility, Newspaper Publishing Office, Office Business (general), Office Warehouse (follow link below onall restrictions), Personal Services, Personal Wireless Service Antennas, Photographic Studio, Supply & Processing Store, Pet Shop (shall not include boarding of pets),Printing Establishments, Recreation/Public, Restaurant includes delivery, take out), Retail Business, Service Business, Small Appliance Repair, Shoe Sales & Repair,Wholesale Showroom

For more information please visit the City of Big Lake website:https://www.biglakemn.org/DocumentCenter/View/276/Section-1057-PDF?bidId=


BIG LAKE ZONING INFORMATION

Presented By:




PHOTOS

Presented By:




FLOOR PLANS - SUITES 1 & 2

Presented By:




BIG LAKE RETAILER MAP

Presented By:




LOCATION MAPS

Presented By:



TRAFFIC COUNTS

HIGHWAY 10: 18,400 vehicles per day

168TH STREET NW: 1,500 vehicles per day

MARKETPLACE DR: 1,150 vehicles per day

176TH ST. NW: 940 vehicles per day

COUNTY RD. 43 N: 4,650 vehicles per day

COUNTY RD. 43 S: 2,600 vehicles per day

JEFFERSON BLVD.: 21,500 vehicles per day

S E C T I O N 3 / P A G E 1 416777 MARKETPLACE DR.BIG LAKE, MN 55309

TRAFFIC COUNTS

AB

OU

T T

HE

CIT

Y O

F B

IG L

AK

E

ABOUT THE CITY OF BIG LAKEBig Lake is one of the youngest and fastest growing cities in the State ofMinnesota. Established and prospective businesses will have a positivedevelopment and/or expansion experience including: a welcoming and friendlyrelationship with city staff, local and regional financial incentives, a workforcewith Midwest talent and ethics, variety of housing types, strong school district,access to a full service community hospital, and opportunities to participate inthe many exciting community events that Big Lake has found to be successful.The City of Big Lake is primed for business success!Past utility infrastructureinvestments have prepared Big Lake for capacity expansion for years to come,and have created unique opportunities to reduce risk for developers. Multiplesites have been certified under the Shovel Ready Program that offer publicutilities, three-phased electricity, along with a high-speed fiber broadbandconnection.

https://www.biglakemn.org/DocumentCenter/View/2461/BLIPE-Marketing-Package

Coming early 2019, the IPA icons will take over a 22,500 sf spaceadjacent to their existing space where they will start brewing on anew, state-of-the-art, 30-barrel brewhouse. Their staff will double tomore than 30 full-time and 50 part-time employees over the next 2years following the completion of the project.WHAT'S HAPPENING IN

BIG LAKE?

LUPULIN BREWING EXPANSION

France-based, medical device maker LISI Medical Remele, Inc.invested $9.4M in an expansion that will create 19 jobs and nearlydouble the size of its operations center. LISI will renovate the existingfacility and add space that will increase the size of the building from65,000 sf to 115,000 sf. New jobs will be created within 3 years.MNDEED provided a grant from the Job Creation Fund. Currently thecompany employs 330 people between their Big Lake and Coon Rapidslocation.

LISI MEDICAL EXPANSION

Minnetonka-based agribusiness is investing $20M to expand its BigLake plant where it makes an array of egg products that sells asingredients or ready-to-serve entrees to restaurants and cafeterias.Cargill will add about 12 new jobs at the plant to help with theincreased volume. Cargill owns and operates an egg processing plantin Monticello. The company opened the Big Lake facility in 2001.

CARGILL EXPANSION

DEMOGRAPHICS & OTHER HIGHLIGHTS

Population

22,031Avg. Household

Income$81,772

Median Age29.8

Households3,723

The Northstar Light Rail line runs from Big Lake to the Minneapolis / St. Paul metroarea, and also offers Northstar Link bus service to St. Cloud.

NORTHSTAR LIGHTRAIL

INTERSTATE & HIGHWAYSInterstate 94 and Highway 10 connect Big Lake to the Minneapolis / St. Paul area.

AIRPORTSBig Lake is located 45 miles northwest of the Minneapolis / St. Paul InternationalAirport, and just 24 miles southeast of the St. Cloud Regional Airport.

Presented By:



POPULATION 1 MILE 5 MILES 10 MILES

Total population 1,045 29,368 109,660

Median age 33.7 32.3 32.4

Median age (Male) 32.5 31.3 32.1

Median age (Female) 34.6 32.9 32.6

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES

Total households 354 9,892 37,596

# of persons per HH 3.0 3.0 2.9

Average HH income $78,540 $79,925 $82,595

Average house value $235,017 $245,726 $255,351

* Demographic data derived from 2010 US Census


DEMOGRAPHICS MAP & REPORT

FOR LEASE 16777 MARKETPLACE DR. BIG LAKE, MN 55309 · Mark Hulsey | Managing Broker |651.256.7404...

Documents

Transcript of FOR LEASE 16777 MARKETPLACE DR. BIG LAKE, MN 55309 · Mark Hulsey | Managing Broker |651.256.7404...