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Medina Retail Building 872 Highway 55 1,208 - 3,717 SF of 4-Star Office/Retail Space Available in Medina, MN 55340
HIGHLIGHTS
- Positioned at a high-visibility intersection along Hwy 55
- Surrounded by national retailers and community amenities
- Newly constructed in 2024 with modern finishes and flexible layouts
- Anchored by Reflections Dental Studio in Suite 100
- Located in a high-income trade area with strong demographics
- 31 surface parking stalls for tenant and customer convenience
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 200 | 1,251 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $37,530 /YR $3,128 /MO | Modified Gross | ||
| 1st Floor, Ste 300 | 1,208 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $36,240 /YR $3,020 /MO | Modified Gross | ||
| 1st Floor, Ste 400 | 1,258 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $37,740 /YR $3,145 /MO | Modified Gross |
1st Floor, Ste 200
Medina Retail Space at 872 Highway 55 presents a prime leasing opportunity in a newly built retail center designed for visibility, convenience, and community integration. Three suites—Suite 200 (1,251 SF), Suite 300 (1,208 SF), and Suite 400 (1,258 SF)—are available individually or can be combined for a total of 3,717 SF. Each space is ideal for boutique retail, wellness studios, financial services, or professional offices, with flexible layouts and modern finishes. The property is anchored by Reflections Dental Studio and surrounded by high-traffic national retailers and community institutions. With lease rates ranging from $30 to $32 PSF, plus CAM and taxes, tenants benefit from a competitive pricing structure in a high-income trade area. The site’s location at a major intersection ensures excellent exposure, while 31 surface parking stalls provide ample convenience for customers and staff. Excellent Options: Flower Shop, bakery, medical clinic, fitness studio, insurance office, financial services, law firm, retail shop, coffee shop (no drive thru), etc. Not Allowed or Not a Good Fit: Tobacco shop, CBD/dispensary, restaurant, grocery store, liquor store, or any business with a drive thru
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 3,717 SF of adjacent space
- Constructed in 2024, modern with flexible layouts
1st Floor, Ste 300
Medina Retail Space at 872 Highway 55 presents a prime leasing opportunity in a newly built retail center designed for visibility, convenience, and community integration. Three suites—Suite 200 (1,251 SF), Suite 300 (1,208 SF), and Suite 400 (1,258 SF)—are available individually or can be combined for a total of 3,717 SF. Each space is ideal for boutique retail, wellness studios, financial services, or professional offices, with flexible layouts and modern finishes. The property is anchored by Reflections Dental Studio and surrounded by high-traffic national retailers and community institutions. With lease rates ranging from $30 to $32 PSF, plus CAM and taxes, tenants benefit from a competitive pricing structure in a high-income trade area. The site’s location at a major intersection ensures excellent exposure, while 31 surface parking stalls provide ample convenience for customers and staff. Excellent Options: Flower Shop, bakery, medical clinic, fitness studio, insurance office, financial services, law firm, retail shop, coffee shop (no drive thru), etc. Not Allowed or Not a Good Fit: Tobacco shop, CBD/dispensary, restaurant, grocery store, liquor store, or any business with a drive thru
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 3,717 SF of adjacent space
- Constructed in 2024, modern with flexible layouts
1st Floor, Ste 400
Medina Retail Space at 872 Highway 55 presents a prime leasing opportunity in a newly built retail center designed for visibility, convenience, and community integration. Three suites—Suite 200 (1,251 SF), Suite 300 (1,208 SF), and Suite 400 (1,258 SF)—are available individually or can be combined for a total of 3,717 SF. Each space is ideal for boutique retail, wellness studios, financial services, or professional offices, with flexible layouts and modern finishes. The property is anchored by Reflections Dental Studio and surrounded by high-traffic national retailers and community institutions. With lease rates ranging from $30 to $32 PSF, plus CAM and taxes, tenants benefit from a competitive pricing structure in a high-income trade area. The site’s location at a major intersection ensures excellent exposure, while 31 surface parking stalls provide ample convenience for customers and staff. Excellent Options: Flower Shop, bakery, medical clinic, fitness studio, insurance office, financial services, law firm, retail shop, coffee shop (no drive thru), etc. Not Allowed or Not a Good Fit: Tobacco shop, CBD/dispensary, restaurant, grocery store, liquor store, or any business with a drive thru
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 3,717 SF of adjacent space
- Constructed in 2024, modern with flexible layouts
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 | 3,717 SF | Gross Leasable Area | 7,059 SF |
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Freestanding | Parking Ratio | 4.39/1,000 SF |
| Total Space Available | 3,717 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,059 SF |
| Year Built | 2024 |
| Parking Ratio | 4.39/1,000 SF |
ABOUT THE PROPERTY
Located in the heart of Medina, Minnesota, the retail property at 872 Highway 55 offers a newly constructed commercial opportunity in a high-income, growing suburban corridor. Built in 2024 and situated in Hennepin County, this modern retail development benefits from excellent visibility at the intersection of Pinto Drive and Olson Memorial Highway (Hwy 55), a key arterial route with a traffic count of 19,900 vehicles per day. The site is anchored by Reflections Dental Studio in Suite 100, establishing a strong professional presence and drawing consistent foot traffic. Surrounding the property is a vibrant mix of national retailers, service providers, and community amenities including ALDI, Walgreens, Lifetime Fitness, and Wayzata High School with over 3,700 students. The area’s demographics are particularly compelling, with a 1-mile radius median household income exceeding $215,000 and an average household income of $270,000, indicating strong purchasing power and demand for quality retail services. The property includes 31 surface parking stalls and is zoned for a variety of uses including boutique retail, wellness, financial services, and professional offices. However, drive-thru operations, tobacco, CBD, grocery, liquor, and restaurant uses are not permitted. Its strategic location near Minneapolis-St. Paul International Airport and major highways such as I-494 and Hwy 55 further enhances its accessibility and appeal to both tenants and customers.
NEARBY MAJOR RETAILERS
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Medina Retail Building | 872 Highway 55
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