Marina Center

Spring Park, MN 55384
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Property Description

4663-4787 Shoreline Drive
Spring Park, MN 55384

Status: For Lease

Property Type: Retail

Inline Retail Space and New Construction/Pad Site For Lease!

The Marina Shopping Center was renovated in 2003. This retail space, offered for lease, is an exceptional value! Located on the shores of Lake Minnetonka, these businesses are supported by the residents of several surrounding communities. The retail center and pad site is located on the Dakota Rail Trail, which runs 20 miles from Wayzata to Mayer, Minnesota through the towns of Spring Park and St. Bonifacius. Now Open - Back Channel Brewery!

Highlights and Features: 

  • Year built: 1964, renovated in 2003 
  • Ample Parking: 200 spaces (4.24/1000) 
  • Drive-thru available for free standing retail pad site 
  • Responsive local ownership 
  • Co-tenants: Ridgeview Clinics Dba Western Orthopedics And Sports Medicine Consultants, Papa Murphy's Pizza, Snap Fitness, Asian Bistro, TCM Wellness, MGM Liquor and Back Channel Brewery  
  • Area tenants: Certified Auto Repair, Spring Park Auto Sales, Blue Lagoon Marine, Presbyterian Homes & Services, Koala Bear Child Care & Preschool, NPC Robotics, Caribou Coffee

Demographics and Traffic Counts: 

  • 2016 Projected Population: 3 miles: 19,404; 5 miles: 41,694 
  • 2016 Average Household Income: 5 miles: $113,992 
  • 18,900 vpd on Shoreline Drive and 5,600 vpd on Island Drive

Space Available - Retail: 

  • Suite 4663: 1,451 sf (salon end cap space)
  • Suite 4675: 2,800 sf (between Papa Murphy's and Snap Fitness) 
  • Lease Rate: $12.00 psf 
  • 2019 CAM: $2.39 psf and Tax: $4.59 psf

Space Available - Proposed Pad Site: 

  • Pad site next to MGM Liquor can accommodate up to 22,000 square feet of freestanding retail, office or medical