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Lake Street Plaza 1467 Lake St
2,100 - 15,100 SF of Office/Retail Space Available in Forest Lake, MN 55025
Highlights
- Over 19,700 vpd on Lake Street (2019).
- Storefront space with large west-facing windows.
- Off street parking.
- Fantastic visibility and access from Lake St./Hwy 61.
- Co-tenants include Allina Health, Fastenal and Choice Communications.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 102 | 2,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 103 | 8,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 101
- Can be combined with additional space(s) for up to 15,100 SF of adjacent space
1st Floor, Ste 102
21,830 SF retail property with high clear height and drive-in door. • Fantastic visibility and access from Lake St./Hwy 61 • Storefront space with large west-facing windows • Off street parking • Neighboring businesses include Forest Lake 5 Theatre, Holiday Stationstores, MidWest One Bank, Don Julio, Anoka Hennepin Credit Union, Thrifty White Pharmacy, Mr. Large Burrito and Stella’s on 97.
- Can be combined with additional space(s) for up to 15,100 SF of adjacent space
- Located in-line with other retail
1st Floor, Ste 103
- Can be combined with additional space(s) for up to 15,100 SF of adjacent space
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.
SELECT TENANTS AT Lake Street Plaza
- Tenant
- Description
- US Locations
- Reach
- Courage Kenny Rehab Institute
- Health Care
- 178
- Regional
| Tenant | Description | US Locations | Reach |
| Courage Kenny Rehab Institute | Health Care | 178 | Regional |
PROPERTY FACTS FOR 1467 Lake St , Forest Lake, MN 55025
| Property Type | Retail | Total Land Area | 2.30 AC |
| Property Subtype | Storefront | Year Built | 2008 |
| Gross Leasable Area | 21,830 SF | Parking Ratio | 2.44/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 21,830 SF |
| Total Land Area | 2.30 AC |
| Year Built | 2008 |
| Parking Ratio | 2.44/1,000 SF |
About the Property
• High clear height and drive-in door, and fantastic visibility and access from Lake St./Hwy 61. • Storefront space with large west-facing windows. • Co-tenants include Allina Health, Fastenal and Choice Communications • Neighboring businesses include Forest Lake 5 Theatre, Holiday Stationstores, MidWest One Bank, Don Julio, Anoka Hennepin Credit Union, Thrifty White Pharmacy, Mr. Large Burrito and Stella’s on 97.
Nearby Major Retailers
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Lake Street Plaza | 1467 Lake St
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