True
Space Available For Lease 1
Space Available |
Marilyn Fritze
Colliers
Lisa Christianson
Colliers |
Contacts
Colliers
Colliers
Property Details
- Property Type Retail
- Parking Spaces Avail. 70
- Building Class B
- Year Built 2000
- Date Updated Jul 3, 2026
For Lease - Grocery Anchored Retail Space
Space Available
- Suite 426: 1,813 SF
- 2026 CAM: $6.47 PSF and Tax: $4.68 PSF
- Lease Rate: $25.00 PSF NNN
Highlights & Features
- 14,850 SF Retail Center — positioned within a thriving, grocery‑anchored development that drives consistent daily traffic
- Exceptional Visibility & Access — prominent frontage and smooth ingress/egress for customers coming from Hwy 5 and Great Plains Blvd
- Strategic Corner Location — situated at the SW corner of Hwy 5 & Great Plains Blvd, one of Chanhassen’s most active commercial corridors
- Ample Parking — approximately 55 surface stalls, offering convenience for both quick‑stop and destination shoppers
- Surrounded by powerhouse national and regional retailers including Target, Merlins Ace Hardware, Mainstream Boutique, Lotus Lake Gifts & Décor, gg Pretty Things, Lakewinds Co‑op, Culver’s, Total Wine, Houlihan’s, Foss Swim School, New Horizon Academy, Chick‑fil‑A, Walgreens, Jimmy John’s, Cub Foods, Aldi, Buffalo Wild Wings, and more
- High‑performing co‑tenants onsite: Bonsai Sushi, StretchLab, ATA Chanhassen Martial Arts, Studio Pilates, Dentistry on the Ponds, and Johnson Fitness & Wellness.
Demographics
- Average Household Population: 1 mile - 5,425, 3 miles - 23,583, 5 miles - 46,169
- Average Household Income: 1 mile - $176,019, 3 miles - $191,307, 5 miles - $204,030
Traffic Counts
- Hwy 5: 37,124 VPD
- Hwy 101/Market Blvd: 14,249 VPD
- Great Plains Blvd: 7,277 VPD
Reach out to the broker for more info on lease terms and amenities
Getting around
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73/100
Walk Score ®
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67/100
Bike Score ®
Location
- City Chanhassen, MN
- Neighborhood Hidden Valley - Chanhassen Estates
- Zip Code 55317
Points of Interest
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SouthWest
4.28 miles
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Town Center
4.92 miles
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South Train Station
5.61 miles
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Golden Triangle
6.11 miles
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City West
6.33 miles
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Opus
6.40 miles
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Shady Oak
6.83 miles
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Downtown Hopkins
7.42 miles
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Blake Road
8.61 miles
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Louisiana Avenue
9.75 miles
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Holiday
0.13 miles
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SA
3.17 miles
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Lake Shore Market
3.24 miles
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Speedway
3.36 miles
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ChargePoint
3.72 miles
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BP
3.78 miles
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Minnoco
4.06 miles
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Kwik Trip
4.09 miles
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Market Blvd & Pauley Rd
0.31 miles
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Temple of ECK
1.11 miles
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Southwest Village
1.12 miles
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H
1.15 miles
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Boat Trailer Parking
1.42 miles
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Paisley Park
1.45 miles
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Edenbrook Conservation Area
2.05 miles
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Sugarbush Park
2.39 miles
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Riley Creek Woods Conservation Area
2.67 miles
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Richard T. Anderson Conservation Area
2.72 miles
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Bonsai
0.00 miles
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Culver's
0.04 miles
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Gina Maria's
0.09 miles
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Davanni's
0.09 miles
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Chick-fil-A
0.10 miles
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Panera Bread
0.11 miles
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Houlihans
0.14 miles
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Potbelly
0.15 miles
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Smashburger
0.16 miles
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Buffalo Wild Wings
0.17 miles
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Lakewinds Natural Foods
0.04 miles
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ALDI
0.31 miles
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Cub Foods
0.40 miles
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Target
0.59 miles
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Lunds & Byerlys
0.64 miles
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Kowalski's Market
3.49 miles
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Cottagewood General Store
4.71 miles
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Eden Prairie Center
5.23 miles
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Kohl's
5.30 miles
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JCPenney
5.30 miles
420 - 438 Pond Promenade Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
The rent for retail space at 420 - 438 Pond Promenade is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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The property includes 1,813 square feet of retail space for lease. Of this total, 1,813 square feet are Retail.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Hidden Valley - Chanhassen Estates is 41. The average household income here is $137,692 per year.