The Village at Arbor Lakes

Highlights:

• Class A Retail development located in the dominant retail trade area of Arbor Lakes.
• Strategically located on the Northeast Corner of the primary entrance to Arbor Lakes.
• Unique opportunity to acquire Class A unanchored retail at below new construction market rent levels as well as multiple single tenant outparcels
• Corridor includes significant multifamily housing, senior housing and industrial development that continue to contribute high population and traffic
• Best-In-Class Retail Properties 48,069 square feet, six buildings, over six acres
• $210,447 Average household income (3-mile) 40,000 homes are located within a 5-mile radius of The Village at Arbor Lakes.
• In addition to the nearby 10 Hotels and dense retail trade area, Boston Scientific is developing a 400,000 SF campus on a 40-Acre site that will employ 1,600 employees located within a mile of the subject property.
• Maple Grove is projected to experience significant population growth, adding nearly 20,000 residents by 2050. This makes it one of the fastest-growing cities in the Minneapolis-St. Paul metro area, with a projected increase of 46% between 2010 and 2040.
• National/Regional Tenants Include Starbucks, Hy-Vee (Grackle Sublease), Sleep Number, AT&T, WingStop, Wings Credit Union, Tide Dry Cleaners, Crisp & Green, WellHaven Pet Health.
• High Retail Concentration - Maple Grove is home to more than 5.3 million SF of retail space including numerous national retailers in the immediate trade area such as Costco, Lowes, Best Buy, Sierra, Trader Joe’s, Whole Foods, Lund’s & Byerlys, Dick’s Sporting Goods, Marshalls, Home Goods, REI and many others.

Description:

CBRE is pleased to exclusively present the opportunity to acquire The Village at Arbor Lakes. The offering includes 48,069 square feet of retail across six buildings situated on over six acres of land. The buildings consist of a combination of single-tenant, multi-tenant, and ground-leased assets. The tenancy is a diverse mix of national, regional, and local retailers. The majority of rents are significantly below new construction competition, resulting in high tenant demand and strong future occupancy fundamentals for a new owner. 40,000 homes are located within a 5-mile radius of the property. Within a 3-mile radius of the property, the household average income exceeds $210,000. Traffic drivers in the immediate trade area include Costco, Lowe's, Best Buy, Sierra, Whole Foods, Floor & Décor, Lund’s & Byerlys, Dick’s Sporting Goods, Marshalls, Home Goods, REI, and many other retailers and restaurants. This offering provides an opportunity to acquire stabilized Class A retail investments in the most sought-after retail trade area in the Twin Cities.

Call for Offers: July 29th, 2025

Confidentiality Agreement (Link Below):

https://www.cbredealflow.com/buyer/agreement?pv=K56B6HNbUPKe-N8eITeM_YiwuLFjFEZUkr_K5esMYG1gPvt4xKXfnaeLPdaZZcmn