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119 12Th AveForest Lake, MN 55025

For Lease
Call for price

High-traffic retail center; 1 space available.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
93
Westlake Center, a 107,383 square foot retail center in Forest Lake, offers a prime opportunity. Built in 1988 and extensively renovated in 2018, this multi-tenant property boasts a strong anchor tenant lineup including Aldi, PetSmart, OfficeMax, and Northern Tool & Equipment. One retail space of 9,655 square feet is currently available. The center benefits from its exceptional location directly across from a Walmart Supercenter and Target, ensuring high visibility and foot traffic. Its convenient access to W. Broadway Avenue and I-35, with over 14,000 vehicles per day on 12th St SW, provides excellent accessibility. The property sits on 13.5 acres and offers ample parking with 589 spaces, resulting in a parking ratio of 5.79 spaces per 1,000 square feet. The limited retail competition within a four-mile radius makes this a truly unique investment opportunity. Additional tenants include Verizon Wireless, Great Clips, and Subway. This property presents a compelling combination of established tenants, high traffic counts, and a strategic location within a thriving market.

Highlights

  • Retail property totaling 107,383 square feet on 13.5 acres.
  • Strong tenant mix including Aldi, PetSmart, OfficeMax, and Northern Tool.
  • One 9,655 square foot retail space currently available.
  • Located across from Walmart and Target, with high traffic counts (14,097 VPD) and easy access to major roadways.
  • 589 parking spaces (5.79/1,000 SF ratio).
  • Built in 1988, renovated in 2018.

Property Details for 119 12Th Ave

Property type
Other retail properties, Retail properties
RSF (Rentable sq. ft)
107,383 SF
Year Built/Renovated
1988/2018

Unit(s) available at that property

Space
Suite 279
Size
9,655 SF

Location Insight

City
Forest Lake
County
Washington
State
Minnesota
Latitude
45.277710832863
Longitude
-92.997419011071
119 12Th Ave, Forest Lake, Minnesota

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Contacts

Rachel Scialdone
Visit Broker Website

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119 12Th Ave, Forest Lake, Minnesota, 55025

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

119 12Th Ave
  • Rachel Scialdone
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