±2,066 to 4,474 SF Retail Space Available for Lease Diamond Lake Road South Rogers, Minnesota 55374

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Simon Brooks
5 years ago
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2 Property Highlights VISIBILITY The Crow River Plaza is located along Interstate I-94 in Rogers and is shadow-anchored by Target, Kohls, and Applebees. Each Tenant has signage and exposure to over 72,000 vehicles per day. MARKET The Minneapolis/St. Paul market is the nation s 16th largest MSA with approximately 3.4 million residents in a 13 county area. Approximately 62% of Minnesota residents live within this area which results in its significant economic importance. Major industries include: financial services, technology, biomedical, and retail. Low unemployment rate of 5.1% Fortune 500 companies include: United Health Group Target Best Buy CHS Supervalu Xcel Energy General Mills Land O Lakes Ecolab CH Robinson Mosaic Ameriprise Financial 3M US Bancorp Nash Finch St Jude Medical Thrivant Financial SUB MARKET The City of Rogers is a growing community approximately 30 miles NW of Minneapolis along the I-94 corridor. The population of Rogers has increased over 113% since 2000 and is expected to increase at a rate of 10% per year for the next 5 years. Close proximity to freeways, available land, and a strong workforce will continue to expand the base for commercial, industrial, and retail users within the Rogers submarket. Median Household Income of $96,053 is 62% higher than the state of MN average and 81% higher than the US average. ( Median Home Value of $269,900 is 39% higher that the state of MN average and 49% higher than the US average. ( NEIGHBORING RETAILERS The Crow River Plaza is positioned in a premier retail environment. In addition to Target, Kohl s, and Applebee s...the Retail establishments located within 1 mile include: HOM Furniture Cub Foods Walgreen s CVS Cabela s Northern Tool Camping World Starbucks Caribou Coffee McDonald s Jimmy Johns Subway Culvers Tires Plus Discount Tire Holiday Gas Taco Bell Dairy Queen Noodles Wendy s Arby s Denny s Gander Mountain Napa Auto

Rogers Retail Submarket: Rogers is a rapidly expanding area which is situated 30 miles northwest of the Minneapolis downtown area on Interstate 94 and just nine miles from the Interstate 494/694 loop.

3 Rogers Retail Submarket: Rogers is a rapidly expanding area which is situated 30 miles northwest of the Minneapolis downtown area on Interstate 94 and just nine miles from the Interstate 494/694 loop. Area growth has been steady in the past six years and the area retail market continues to remain healthy. Census data states the population in Rogers has increased over 113% since This growth is expected to continue over the next five years at a rate of 10% per year. Interstate 94 which extends through the city of Rogers, provides the major traffic artery through the city. Highway 101 is a four lane highway extending north from Interstate 94 to the city of Elk River and beyond. Highway 101 carries a major portion of the traffic in and out of the immediate area of the property. Rogers is located near the northern border of Hennepin County and is surrounded by the communities of Hassan Township, Dayton, St. Michael and Albertville. Close proximity to the Twin Cities Metro Area, easy highway access and expanding residential population will provide the economic base for expanding commercial and retail uses in the vicinity of this high traffic interchange. Retail Sales Over $102,300,000 retail sales within the city of Rogers. Demographics 1 Mile Radius 3 Mile Radius 5 Mile Radius POPULATION: 4,282 15,526 30,606 MEDIAN HH INCOME: $96,286 $96,053 $90,575 AVERAGE AGE: Traffic Counts 1-94 VPD: 72,000 HIGHWAY 101: 48,000 DIAMOND LAKE RD: 21,500

GNC has more than 8,200 locations, of which more than 6,200 retail locations are in the United States (including 958 franchise and 2,190 Rite Aid franchise storewithin-a-store locations) and

(NYSE: SBH) is an international retailer and distributor of professional beauty supplies.

4 Current Tenants GNC Holdings, Inc., (NYSE: GNC) is a leading global specialty retailer of health and wellness products, including vitamins, minerals, and herbal supplement products, sports nutrition products and diet products. GNC has more than 8,200 locations, of which more than 6,200 retail locations are in the United States (including 958 franchise and 2,190 Rite Aid franchise storewithin-a-store locations) and franchise operations in 55 countries (including distribution centers where retail sales are made). Sally Beauty Holdings, Inc. (NYSE: SBH) is an international retailer and distributor of professional beauty supplies. The Sally Beauty Supply and Beauty Systems Group of businesses sell and distribute through over 4,499 stores, including 184 franchised units, throughout the United States and Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Mexico, France, Ireland, Spain, Germany and the Netherlands. Stony Hill Gifts and Home Decor. Offers high quality, unique items for your home; offering custom permanent floral design, and guidance in selecting items to make your house a home. UPS (NYSE: UPS) The UPS Store, Inc is a wholly owned subsidiary of United Parcel Service. UPS is the world s largest package delivery company, in terms of revenue and volume, and a global leader in supply chain solutions. The company has 4,743 UPS Stores, 1,000 Customer Centers, 1,000 Authorized outlets, and 40,000 UPS Drop Boxes. Great Clips has over 3,300 salons throughout the United States and Canada, Great Clips is the world s largest salon brand. Great Clips salons employ nearly 30,000 stylists who receive ongoing training to learn advanced skills and the latest trends. The salon owners and corporate office is dedicated to the salon communities and focus on philanthropic and volunteer activities.

700 650 600 500 400 300 200B 200 100 Available 2066 sq ft GNC 1542 sq ft Sally Beauty 1492 sq ft Great Clips 1189 sq ft UPS 1494 sq ft Stony Hill Gifts and Home Décor 1486 sq ft

5 B Available 2066 sq ft GNC 1542 sq ft Sally Beauty 1492 sq ft Great Clips 1189 sq ft UPS 1494 sq ft Stony Hill Gifts and Home Décor 1486 sq ft Hot Nails 1100 sq ft Bubbles 2 Biscuits Pet Food and Grooming 2408 sq ft Available 2066 sq ft 13.92% 10.40% 10.05% 8.01% 10.0% 10.01% 7.41% 16.22% 13.92% 14,843 Total Square Footage

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7 Aerial Map: Management: Crow River Plaza is locally managed by Crow River Management. The property managers are responsive to your needs and are committed to your success in Rogers, Minnesota. Providing tenant focused professional management, while working hard to control occupancy costs, results in mutually beneficial long term relationships.

PIZZA HUT & WINGSTREET

PIZZA HUT & WINGSTREET NNN Investment 257 South Marschall Road Shakopee, Minnesota 55379 7486 La Jolla Boulevard, Suite 173 La Jolla, California 92037 EXECUTIVE SUMMARY PROPERTY Pizza Hut & WingStreet