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Dean Lakes 4270 Dean Lakes Blvd 17,040 SF of Retail Space Available in Shakopee, MN 55379
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 17,040 SF | Negotiable | $13.00 /SF/YR $1.08 /SF/MO $221,520 /YR $18,460 /MO | Triple Net (NNN) |
4120 Dean Lakes Blvd - 1st Floor
This 17,000+ SF junior box is a rare market offering with solid co-tenants, excellent visibility, and easy access. Built in 2012, the building sits on nearly two acres and provides ample parking, prominent signage, and a rear loading dock—ideal for a wide range of retail or service users.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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.
SELECT TENANTS AT DEAN LAKES
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- CVS Pharmacy
- Drug Store
- 9,805
- National
- Dollar Tree
- Retailer
- -
- -
- Lowe’s
- Home Improvement
- 2,182
- International
- Slumberland Furniture
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| CVS Pharmacy | Drug Store | 9,805 | National |
| Dollar Tree | Retailer | - | - |
| Lowe’s | Home Improvement | 2,182 | International |
| Slumberland Furniture | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 17,040 SF | Gross Leasable Area | 156,346 SF |
| Center Type | Neighborhood Center | Total Land Area | 9.26 AC |
| Parking | 365 Spaces | Year Built | 2006 |
| Center Properties | 6 | Cross Streets | Hwy 169 |
| Frontage | Dean Lakes Blvd |
| Total Space Available | 17,040 SF |
| Center Type | Neighborhood Center |
| Parking | 365 Spaces |
| Center Properties | 6 |
| Frontage | Dean Lakes Blvd |
| Gross Leasable Area | 156,346 SF |
| Total Land Area | 9.26 AC |
| Year Built | 2006 |
| Cross Streets | Hwy 169 |
ABOUT THE PROPERTY
Prime Retail Location - Strategically positioned just off Highway 169 in a major retail corridor, this property enjoys exceptional visibility and exposure. Shadow-anchored by Lowe’s and surrounded by strong national retailers, it benefits from strong traffic counts of more than 23,000 vehicles per day on Mystic Lake Drive. Rare Junior Box Opportunity - This 17,000+ SF junior box is a rare market offering with solid co-tenants, excellent visibility, and easy access. Built in 2012, the building sits on nearly two acres and provides ample parking, prominent signage, and a rear loading dock—ideal for a wide range of retail or service users. Thriving Twin Cities Suburb - Located just 25 miles southwest of downtown Minneapolis, Shakopee is a fast-growing Twin Cities suburb with a dynamic blend of residential, retail, and entertainment destinations. The community is home to Valleyfair, the Upper Midwest’s largest amusement park, and Canterbury Park, featuring live horse racing and a casino. Adding to the area’s momentum, a brand-new, state-of-the-art amphitheater is set to open in summer 2026. Strong Demographics - Recognized by Money Magazine as one of the “Top 50 Best Places to Live” in the U.S., Shakopee continues to see robust population growth, with double-digit increases recorded across multiple censuses. Within a five-mile radius, the population exceeds 100,000 with an average household income above $140,000, providing excellent retail spending power. Diverse and Expanding Economy - Shakopee boasts a balanced economy anchored by major employers in manufacturing, logistics, healthcare, retail, and construction. Amazon leads as the city’s largest employer, operating an 850,000 SF fulfillment center with more than 2,500 employees. Supported by a very low unemployment rate and a cost of living well below national averages, the local economy provides a stable foundation for long-term investment.
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Dean Lakes | 4270 Dean Lakes Blvd
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