General Retail For Lease
The Kenwood Center is a 36,950 square foot mixed use center in Lakeville, Minnesota. Current tenants include retail, medical, and office. This professionally managed center is located just off I-35 and Kenwood Trail and offers excellent visibility with a traffic count of over 25,000 vehicles per day.
| UNIQUE AND STRONG TENANT MIX - Tenants at Kenwood Center include retail, office, and medical services, including dental and eye care. |
| LONG TERM LEASES IN PLACE - Kenwood Center has a weighted average lease term of 4.35 years, providing the investor with long-term income. |
| STRONG DEMOGRAPHICS - Over 58% of the local population earns over $100,000 annually, with over 30% earning more than $150,000. |
| VALUE-ADD OPPORTUNITY - There are currently two well positioned vacancies available at Kenwood Center that total 4,654 contiguous square feet. |
| LOW OPERATING EXPENSES - Property taxes and CAM figures (2022 estimate is $6.40/SF) are significantly lower than retail centers in the area. |
| OUTSTANDING LOCATION - Kenwood Center offers exceptional visibility along Kenwood Trail, which sees 25,000+ VPD. Quick and easy access to I-35. |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Advanced Eyecare Professionals | 1,800 SF | |
| Black River Systems | 2,000 SF | |
| Cosmopolitan Orthodontics | 4,000 SF | |
| Domino's | 1,253 SF | |
| Exuberance Chiropractic & Wellness Center | 2,000 SF | |
| Mark Elliot Homes | 2,250 SF | |
| Plaza Dental P.A. | 1,800 SF | |
| Quality Sounds Entertainment & Event Production | 1,100 SF | |
| Viverant Physical Therapy | 2,000 SF | |
| Wildflower Quilt Co. | 3,148 SF | 8/21/2027 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Minneapolis-St Paul International/Wold-Chamberlain | 25 min | - | 17.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 165 |
| Type: | Surface |
| Included in Rent: | Yes |