17741-17823 Kenwood Trl | Lakeville, MN 55044
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17741-17823 Kenwood Trl
Lakeville, MN 55044
Kenwood Center · Property For Lease
Highlights
- UNIQUE AND STRONG TENANT MIX - Tenants at Kenwood Center include retail, office, and medical services, including dental and eye care.
- STRONG DEMOGRAPHICS - Over 58% of the local population earns over $100,000 annually, with over 30% earning more than $150,000.
- LOW OPERATING EXPENSES - Property taxes and CAM figures (2022 estimate is $6.40/SF) are significantly lower than retail centers in the area.
- LONG TERM LEASES IN PLACE - Kenwood Center has a weighted average lease term of 4.35 years, providing the investor with long-term income.
- VALUE-ADD OPPORTUNITY - There are currently two well positioned vacancies available at Kenwood Center that total 4,654 contiguous square feet.
- OUTSTANDING LOCATION - Kenwood Center offers exceptional visibility along Kenwood Trail, which sees 25,000+ VPD. Quick and easy access to I-35.
PROPERTY FACTS
| Property Type | Retail | Year Built | 1985 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 4.43/1,000 SF |
| Gross Leasable Area | 37,266 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 37,266 SF |
| Year Built | 1985 |
| Parking Ratio | 4.43/1,000 SF |
About the Property
The Kenwood Center is a 36,950 square foot mixed use center in Lakeville, Minnesota. Current tenants include retail, medical, and office. This professionally managed center is located just off I-35 and Kenwood Trail and offers excellent visibility with a traffic count of over 25,000 vehicles per day.
- Bus Line
- Pylon Sign
- Signage
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