Owned by Presented by...OVERVIEW G G ˜˚˛˝˙ˆˇ ˘ ˙ ˝ ˘ ˆ˛ ˚˘ EXISTNGBULDIOG TAVAV...

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Owned by Presented by

Transcript of Owned by Presented by...OVERVIEW G G ˜˚˛˝˙ˆˇ ˘ ˙ ˝ ˘ ˆ˛ ˚˘ EXISTNGBULDIOG TAVAV...

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Owned by Presented by

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THE OPPORTUNITY

Lexington Station is located in a thriving retail node along one of the highest traffic corridors

in the area. Roberts Management Company is beginning the construction of Phases 3 and

4 at this location, and retailers will have a unique opportunity for a prime location in Arden

Hills, a submarket with large daytime and residential populations.

The trade area at this location provides an outstanding platform for retailers and restaurants.

Lexington Station is located at two signalized intersections, creating excellent accessibility to

the site. Combining superb demographics and accessibility with the high visibility and traffic

counts, Lexington Station is an ideal location for tenants to grow and thrive.

Phase 3, Looking South

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OVERVIEW

EXISTING

BUILDING

PHASE 4ONE-STORY ANCHOREst. Completion 2020

PHASE 3ONE-STORY RETAIL/OFFICE

Est. Completion 2020

PHASE 2EXISTING ONE-STORY RETAIL

PHASE 1EXISTING ONE-STORY RETAIL

LEXINGTON AVENUE - 20,200 VPD694R

ED

FO

X R

OA

D -

4,1

00

VP

D

EXISTINGSTOPLIGHT

PROPOSEDSTOPLIGHT

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• 33,354 square feet of gross leasable area

• 431 parking stalls, ratio of 7 per 1,000 sq. ft.

• Dynamic tenant mix

• Superb access to I-694

FEATURES

• Signalized entry/exit

• Signage opportunity

• Drive-thru available

• Patio space available

• Excellent visibility

• Attractive brick construction

• Low operating expenses

Phase 3 & 4, Looking North

HIGHLIGHTS

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TRADE

AREARETAILERS

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TRADE MAP

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DEMOGRAPHICS

ADDRESS3833 Lexington Aveue NorthArden Hills, MN 55126

LARGE EMPLOYERS (within 5 miles)Medtronic HQ (Fortune 500)Land O’Lakes HQ (Fortune 500)Boston Scientific (Fortune 500)HB FullerSt. Jude MedicalWestinghouse Electric Co.DeluxeAerotekUniv. of Northwestern CollegeBethel UniversityU.S. Army

COLLEGES (within 5 miles)Bethel UniversityUniversity of Northwestern - St. Paul

1-Mile 3-Mile 5-MileMale 1,831 13,522 39,023

Female 2,174 15,054 42,961

Total 4,006 28,576 81,984

1-Mile 3-Mile 5-MileTotal $68,684 $83,800 $81,562

3-Minute 5-Minute 10-MinuteTotal $68,684 $78,366 $73,793

POPULATION

AVERAGE HOUSEHOLD INCOME

Interstate 694 95,000 VPD

Lexington Ave. (North of 694) 21,900 VPD

Lexington Ave. (South of 694) 20,200 VPD

TRAFFIC COUNTS

ArdenHills

Shoreview

St. Anthony

Roseville

North Oaks

Mi nneapolis

Fridley

LittleCanada

VadnaisHeights

FalconHeights

694

35W

94

New Brighton

65

6535W

51

St. Paul

MoundsView

36

280

Lexin

gto

n A

ve

694

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431 STALLS

LEXINGTON AVENUE - 20,200 VPDR

ED

FO

X R

OA

D -

4,1

00 V

PD

PROPOSEDSTOPLIGHT

EXISTINGSTOPLIGHT

EXISTING RETAIL BUILDING15,340 SF

EXISTING RETAIL / OFFICE BUILDING16,922 SF

PHASE 3PROPOSED ONE STORY

RETAIL / OFFICE BUILDING15,535 SF

PHASE 4PROPOSED ONE STORY

ANCHOR17,841 SF

SITE PLAN

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PHASE 3 - Office/RetailEstimated Leasable Area: 15,364 SFEstimated Common Area: 150 SF

SO

UT

H-F

AC

ING

PA

TIO

OP

PO

RT

UN

ITY

FLOOR PLAN - PHASE 3

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PHASE 4 - AnchorEstimated Leasable Area: 17,841 SF

FLOOR PLAN - PHASE 4

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ROBERTS MANAGEMENT GROUPRoberts Management Group is a third-generation family business that is based in the Twin Cities Roberts Management Group is highly regarded in the real estate community for the high quality properties they develop, build and maintain. Today, Roberts owns over 950,000 square feet across Minnesota. Roberts has a long-standing history of forming long lasting relationships with their tenants. This is due in part to their history of maintaining high quality properties at below market operating expenses. The Roberts team works diligently to provide effective solutions which results in a 98% renewal rate.

For more information about leasing, please contact

Aaron Meyers | 612.924.6401 | [email protected]

CONTACT


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˘ˆ ˚ ˜˘ CODE OF CONDUCT · 2019. 5. 7. · CBC/Rado-Canada A rs reserved Ooer , ˜˚˛˝˙ˆˇ˘˜ ˜˚˛˚˝˙ˆˇ˚ ˘ˆ ˚ ˜˘ ˘ˆˇ˛ ˘˝˚ˆ˚ ˇ˜˚˙ ˘˝˘ WORKING

˘ˆ ˚ ˜˘ CODE OF CONDUCT · 2019. 5. 7. · CBC/Rado-Canada A rs reserved Ooer , ˜˚˛˝˙ˆˇ˘˜ ˜˚˛˚˝˙ˆˇ˚ ˘ˆ ˚ ˜˘ ˘ˆˇ˛ ˘˝˚ˆ˚ ˇ˜˚˙ ˘˝˘ WORKING