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St. Michael Town Center Pad Site 4091 Maciver Avenue Northeast 2,000 - 15,000 SF of Retail Space Available in Saint Michael, MN 55376
HIGHLIGHTS
- Sale/Lease/BTS Opportunity
- PUD Zoning Allows for Multiple Commercial Uses
- Convenient Access with Visibility from Hwy. 241
- Pad Ready; 1.74-Acre Site
- Actively Seeking Childcare, Medical, or Other Commercial Users
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste TBD | 2,000-15,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste TBD
Lease/BTS opportunity. 1.74-acre commercial pad ready site available. Site can accommodate a building up to 15,000 SF (single or multi-tenant). Actively seeking childcare, medical, or other commercial users for this site. Negotiable lease rates available. Convenient access with visibility from Hwy. 241. This is one of the few remaining commercial sites available within the "Town Center" district. Site is also available for sale. Call for details.
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.
PROPERTY FACTS
| Total Space Available | 15,000 SF | Gross Leasable Area | 15,000 SF |
| Min. Divisible | 2,000 SF | Year Built | 2027 |
| Property Type | Retail | Construction Status | Proposed |
| Property Subtype | Freestanding |
| Total Space Available | 15,000 SF |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 15,000 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
ABOUT THE PROPERTY
HJ Development is currently marketing a pad ready site for Sale, Ground Lease, or Build To Suit. Located off Highway 241 at the intersection of Larabee Avenue NE & Town Center Drive, the site can accommodate a building up to 15,000 SF. PUD zoning allows for a variety of commercial uses including retail, medical, and childcare. This parcel abuts Highway 241 offering great visibility to passing traffic. Additionally, the site benefits from its location within the “Town Center” district, which recently experienced significant commercial growth that was spurred on by the city’s expanding residential population. This growth is expected to continue as more families take advantage of St. Michael’s high-ranking schools, low unemployment, and convenient access to I-94. Limited commercial land remains in the district. For more information or to schedule a property tour please contact us directly.
NEARBY MAJOR RETAILERS
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St. Michael Town Center Pad Site | 4091 Maciver Avenue Northeast
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