Property Description
420-438 Pond Promenade
Chanhassen, MN 55317Status: For Lease
Property Type: Retail
Grocery Anchored Retail Space For Lease
Village on the Ponds is a 14,850 square foot retail center located in a grocery-anchored development at the SW corner of Hwy 5 and Great Plains Boulevard in Chanhassen. Join co-tenants Bonsai Sushi, StretchLab, Code Ninjas, ATA Chanhassen Martial Arts, Dentistry on the Ponds, and Johnson Fitness & Wellness Store.
Highlights and Features:
- Great visibility and easy access
- Parking: Approximately 55 spaces
- Area tenants include Lakewinds Co-op, Culver’s, Total Wine, Houlihan’s, Foss Swim School, New Horizon School, Chick-fil-a, Cub Foods, Aldi, Walgreens, Buffalo Wild Wings, Jimmy John’s, Target and more
Demographics and Traffic Counts:
- Average Household Population: 1 mile - 4,150, 3 miles – 27,712, 5 miles - 66,431
- Average Household Income: 1 mile - $103,561, 3 miles - $126,905, 5 miles - $120,947
- Hwy 101 - 14,600, Hwy 5 - 36,805 vpd and Great Plains Blvd - 6,422 vpd
Space Available:
- Suite 432: 1,429 sf
- 2022 CAM/Tax: $10.23 psf
- Lease Rate: $21.00 psf NNN