30 Nathan Ln - Retail FOR SALE


Plymouth, MN 55441- Medicine Lake
$5,850,000 USD
952-206-7732
30 Nathan Ln, Plymouth, MN for Sale
$5,850,000 USD
Retail - FOR SALE
1/15
null | 7% Cap Rate

30 Nathan Ln
Plymouth, MN 55441
Medicine Lake


HIGHLIGHTS

  • Located at the intersection of Hwy 394 and Hwy 169 with exceptional visibility and access
  • Walking distance to General Mills HQ and Interchange business complex
  • Long-term tenants with 20+ year occupancy histories
  • Building was upgraded with new roof in 2007 and 2016
  • Fiber Optic internet on the property as well as a fire alarm system and sprinkler system
  • Property has 277 parking stalls and parking lot was paved in 2016

OVERVIEW

This is a rare opportunity to acquire a stabilized, long-held retail and office asset in one of the most strategic locations in the Twin Cities metro. Situated at the high-visibility northwest corner of Hwy 394 and Hwy 169, 36 Nathan Ln N offers unmatched access to two of the region’s most critical transportation arteries. The property sits just five minutes from downtown Minneapolis and 20 minutes from Minneapolis–Saint Paul International Airport, making it a highly desirable destination for tenants and investors alike. The 4.85-acre site features a well-maintained multi-tenant building with a strong history of occupancy. Several tenants have been in place for over 20 years, underscoring the property’s enduring appeal and operational stability. The site includes 277 surface parking stalls and offers future upside through potential expansion or full redevelopment. Its proximity to major employment hubs like General Mills and the Interchange business complex—both within walking distance—adds to its long-term value. Directly across the parking lot is the 12-screen Emagine Theater, further enhancing foot traffic and visibility. The surrounding area is a vibrant mix of retail, office, and residential, with thousands of employees and residents in the immediate vicinity. This is a prime candidate for a 1031 exchange, long-term hold, or redevelopment play in a high-demand submarket.

FOR SALE DETAILS

PRICE

$5,850,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

277

LAND DETAILS

LAND ACRES

4.85 AC

LAND SF

211,266 SF

ZONING

C4

APN/PARCEL ID

36-118-22-43-0020

ASK ABOUT THIS PROPERTY

Mark StipakovJem PropertiesMore Info
952-206-7732

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Mark StipakovJem PropertiesMore Info
952-206-7732

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.