Naples Market Place is a new, affordable office retail condo development in Blaine,
MN, located just off Interstate Highway 35W and County Road 23 (Lake Drive). This attractive modern building offers great visibility in a rapidly growing
area, near roadways with a high traffic count.
This is an ideal storefront
location for gas stations, convenience store, coffee shops, restaurants, and other
office/retail uses, with unit sizes ranging from 1,200 to 15,000 square feet.
Hokanson Construction & Development can also customize your space to suit your
needs, offering complete tenant buildout services.
This building is just blocks away from the new Medtronic World Headquarters, which
will offer a great deal of additional traffic and exposure. The layout features
a large, well-lit parking area with drive-up spaces for convenience.
An end-cap
unit is available, and would be perfect for any drive-through commercial business. The lot
also features prominent pylon signage.
You can rent or own, and we can assist you with a complete financing package, with
a low down payment. Find out more about purchase and financing
options.
 Contact Us Today Arrange a Walk-through
Naples Market Place Base Rents:
| Unit # |
Lease Rate per Sq Ft (annual) |
Total Sq Ft |
Base Rent (annual) CAM & credit not incl. |
Plus CAM per Sq Ft |
Less Credit per Sq Ft |
| 100 |
$22.50 |
1,505 |
$33,862.50 |
$7.67 |
$17.00 |
| 105 |
$19.00 |
1,160 |
$22,040.00 |
$7.67 |
$19.00 |
| 110 |
$20.00 |
1,175 |
$23,500.00 |
$7.67 |
$19.00 |
| 115 |
$19.00 |
1,159 |
$22,021.00 |
$7.67 |
$19.00 |
| 120 |
$19.00 |
1,156 |
$21,964.00 |
$7.67 |
$19.00 |
| 125 |
$21.00 |
1,508 |
$31,668.00 |
$7.67 |
$17.00 |
| 130 |
$19.00 |
1,156 |
$21,964.00 |
$7.67 |
$19.00 |
| 135 |
$19.00 |
1,159 |
$22,021.00 |
$7.67 |
$19.00 |
| 140 |
$20.00 |
1,175 |
$23,500.00 |
$7.67 |
$19.00 |
| 145 |
$19.00 |
1,160 |
$22,040.00 |
$7.67 |
$19.00 |
| 150 |
$22.50 |
1,409 |
$31,702.50 |
$7.67 |
$18.00 |
We also have additional retail lots available from .99 acres
to 2.01 acres in this same development. These are excellent opportunities in this same high-visibility location.
Lot prices and pad site plat map are listed below:
| Lot # |
Total Acres |
Usable Sq Ft |
Suggested
Bldg Sq Ft |
Lot Price
(per Sq Ft) |
Lot Price |
| 1 |
1.35 |
32,647 |
4,847 |
$12.00 |
$391,774 |
| 2 |
1.03 |
35,292 |
5,280 |
$13.00 |
$458,807 |
| 3 |
2.01 |
66,309 |
9,272 |
$18.00 |
$1,193,577 |
| 4 |
1.00 |
46,207 |
4,771 |
$15.00 |
$693,118 |
| 6 |
0.99 |
48,212 |
6,981 |
$13.00 |
$626,767 |
| 7 |
1.01 |
48,920 |
5,096 |
$14.00 |
$684,892 |
|
Address
3453 Lake Drive (County Road 23) Blaine, MN 55449 Map
Availability
Immediate lease or purchase
Space
1,156 sf - 14,419 sf bays
Parking
162 stalls, additional stalls planned
Project Usage
Retail, Service, Office
Demographics (2007)
|
1 Mile |
3 Miles |
5 miles |
| Population |
7,884 |
45,575 |
140,618 |
| Households |
3,077 |
17,849 |
54,405 |
| Avg Income |
$80,172 |
$88,387 |
$94,212 |
Traffic Counts
Lake Drive: 14,700 vehicles/day
I-35W: 60,000+ vehicles/day
2007 CAM
$4.15 psf, estimated
2007 Taxes
$3.50 psf, estimated
 Drive-Thru End Cap Available
 Prominent signage
|