Waconia Square

For Lease

236 West 1st Street, Waconia, MN 55387

You can currently find 3 retail space(s) available for lease at Waconia Square. Designated use type for space listed here includes retail. Current retail listings at this property total 10,917 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Waconia Square.

Space Available For Lease 3

Contacts

broker

Edward Rupp

SVN | Northco

(952) 820-1634

Property Details

  • Property Type Retail
  • Property Size 38,412 SF
  • Lot Size 0.92 Acre
  • Parking Spaces Avail. 168
  • Parking Ratio 4.68 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Year Renovated 2019
  • Date Updated Apr 10, 2024
Waconia is a thriving, affluent and growing western submarket in the Minneapolis-Saint Paul metropolitan area. The community is located just 30 miles west of downtown Minneapolis, and it is only 10 miles from the town of Victoria and famous Lake Minnetonka. The submarkets bordering Waconia to the east are some of the wealthiest in the State of Minnesota, and also contain some of the most desirable communities in the metropolitan area in which to live. Household incomes exceed $125,000 for the majority of the submarket. Waconia Square is located in the charming downtown area on Main Street, only one block from Lake Waconia. This is a scenic lake containing an island that is very popular for a variety of recreational activities. Minneapolis-Saint Paul is currently the 16th largest MSA in the United States with nearly 3,700,000 residents.SVN | Northco is pleased to present for lease Waconia Square, a ±38,412 SF neighborhood center in charming downtown Waconia, MN. Waconia is an affluent and growing western suburb in the Minneapolis-Saint Paul metropolitan area. The center has a fantastic tenant mix of local and regional tenants, and contains both retail and office suites. The community is located just 30 miles west of downtown Minneapolis, and it is only 10 miles from the town of Victoria and famous Lake Minnetonka. The submarkets bordering Waconia to the east are some of the wealthiest in the State of Minnesota, and also contain some of the most desirable communities in the metropolitan area in which to live. Waconia Square is located in the charming downtown area on Main Street, only one block from Lake Waconia. This is a scenic lake containing an island that is very popular for a variety of recreational activities. Minneapolis-Saint Paul is currently the 16th largest MSA in the United States with nearly 3,700,000 residents.

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Highlights

  • Neighborhood center located in the heart of downtown Waconia only one block from scenic Lake Waconia
  • Available spaces range from ±849 SF to ±7,013 SF; all retail suites feature their own street address
  • Great tenant mix including Waconia Brewing Company, Laketown Chocolates, Dominos, T-Mobile, and many more
  • Strong local ownership; negotiable TIs
  • Large surface lot available to all tenants with a 4.68 stalls per 1,000 SF ratio
  • Strong demographics including nearly $120K average HH income within 5 miles

Attachments

Getting around

  • 59/100

    Walk Score ®

  • 42/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Waconia, MN
  • Neighborhood Waconia
  • Zip Code 55387
  • Market Minneapolis St Paul

Points of Interest

  • Holiday Station

    0.49 miles

  • Kwik Trip

    0.94 miles

  • Kwik Trip

    4.11 miles

  • Holiday Gas Station

    4.21 miles

  • Super America

    9.46 miles

  • SA

    9.53 miles

  • Holiday

    9.73 miles

  • Speedway

    9.90 miles

  • Parking Lot, Schneewind WMA

    3.37 miles

  • Victoria

    7.08 miles

  • Clover Fields

    8.06 miles

  • County Road 127 Trail Access

    8.33 miles

  • Mound Transit Center

    8.64 miles

  • Target

    9.48 miles

  • Lyndale/County Road 92 Trail Access

    9.53 miles

  • Upper West Lot

    9.88 miles

  • Staff Lot

    9.92 miles

  • West Lot

    9.92 miles

  • Subway

    0.55 miles

  • Culver's

    0.78 miles

  • Taco Bell

    0.89 miles

  • McDonald's

    0.93 miles

  • Subway

    4.18 miles

  • St. Boni Bistro

    4.41 miles

  • Dairy Queen

    5.89 miles

  • Floyd's Bar

    6.31 miles

  • Victoria Burrow

    6.38 miles

  • Victoria House

    6.38 miles

  • ALDI

    0.72 miles

  • Mackenthun's

    1.05 miles

  • Target

    1.14 miles

  • EconoFoods

    8.16 miles

  • Marketplace Foods

    8.21 miles

  • Jubilee

    8.60 miles

  • ALDI

    9.33 miles

  • Target

    9.42 miles

  • Cub Foods

    9.53 miles

236 West 1st Street Listing Brief

  • 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.

    Retail space at Waconia Square asks $11.25/SF/YR per square foot.

  • The property includes 10,917 square feet of retail space for lease. Of this total, 10,917 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    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.

  • 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.

    For car-travelling customers, 236 West 1st Street has a parking ratio of 4.68 / 1,000 SF, offering 168 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.

    236 West 1st Street was last renovated in 2019.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Edward Rupp

SVN | Northco

(952) 820-1634

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