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Prepared By:
Chad Sturm Brian Merz Upland Real Estate Group 3800 Wells Fargo Center 90 South 7th Street Minneapolis, MN 55402 612-465-8530 www.upland.com
Excelsior Crossings
Chanhassen, MN
New Development Leasing Package
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Excelsior Crossings
Address………………………………………..2401 Highway 7 City, State……………………………Chanhassen, MN 55331 Space Available (Outlot)..………...………………….5,500 SF Minimum Divisible...…………….………..…..………1,200 SF Asking Rent………………….……………………..…$15 psf CAM/Taxes (Est.)………………..….…………….…$9.17 psf
Cross Streets…………………………………………………...…....SWQ of Hwy 7 & Hwy 41 New Building Square Feet………………………………………....………………...…...5,000 Current Shopping Center Square ………………………………………………...…….30,378
Walgreen’s is open, and shopping center is fully leased. Pad site prep work is complete. Landlord in the process of giving the current center a facelift.
Cub Foods, Caribou Coffee, Edward Jones, Fitness 19, Papa Murphy’s, Sun Splash Tanning, True Value, Dollar Tree, Chiro-practor
Highway 7: 21,000 VPD Highway 41: 16,500 VPD Ample Parking
Development
Parking/Traffic Counts
Current Tenants
Executive Summary
Area Retailers
Tuesday Morning, Walgreen’s, Subway, Karate, Liquor Store, Ovations Spa, Pet Clips, US Nails, Best Cleaners, Domino’s, Happy Garden Chinese, Classic Child
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Excelsior Crossings
Area Overview
Highlights
• New Construction • Rare Opportunity • High Traffic Counts • Great Signage • Strong Surrounding Tenants • Low Vacancy in Area
The City of Excelsior is located only 20 minutes from downtown Minneapolis, nestled on the shores of Lake Minnetonka. You can find a relaxed and personalized atmosphere in this one-square-mile area with a popula-tion of 2,397. The City is a unique blend of old and new. Besides antique shops, there is also a variety of specialty shops, restaurants, a theater, and a bed-and-breakfast inn.
History is important in Excelsior. Excelsior was founded in 1853 by colonists from New York. It has served as the focal point of the of the South Lake Minnetonka area. The small downtown and historic ambiance sets Excelsior apart from other suburban communities. A bit of that history is preserved in the recently restored steamboat, "The Minnehaha", which in summer takes passengers round trip from Excelsior to Wayzata and back. There is also a restored street-car and a museum, all preserving part of the City's his-tory.
Excelsior is a strong, vibrant, caring community. Come to Excelsior soon to shop in our downtown business area, ride on one of the many excursion boats, or just to picnic. Visitors are always welcome!!!
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Excelsior Crossings
Property Photos
Cub Foods Across Highway 7 Walgreens Building (Now Open)
Center to be updated
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Excelsior Crossings
Renderings
New 5,000 SF Building
Design theme to be carried throughout the development
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Excelsior Crossings
New Walgreens
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Excelsior Crossings
Location & Regional Maps
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Excelsior Crossings
Aerial Maps
SITE
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Excelsior Crossings
Aerial Maps
Future
SITE
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Excelsior Crossings
Site Plan
New Building Drive Thru
Highway 7
Existing Center
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Excelsior Crossings
Site Plan
Highway 7 Tu
esda
y M
orni
ng
Spa
Pet
Clip
s
US
Nai
ls
Chin
ese
Rest
aura
nt
Dry
Cle
aner
s
Pet
Stuf
f
Subw
ay
Liqu
or S
tore
Hig
hw
ay 4
1
Walgreens
New Retail
Super America
B G
rizzl
y’s Cl
assi
c Ch
ild
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Excelsior Crossings
Demographics
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Excelsior Crossings
Demographics
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Excelsior Crossings
Demographics