Located in the heart of Medina, Minnesota, the retail property at 872 Highway 55 offers a newly constructed commercial opportunity in a high-income, growing suburban corridor. Built in 2024 and situated in Hennepin County, this modern retail development benefits from excellent visibility at the intersection of Pinto Drive and Olson Memorial Highway (Hwy 55), a key arterial route with a traffic count of 19,900 vehicles per day. The site is anchored by Reflections Dental Studio in Suite 100, establishing a strong professional presence and drawing consistent foot traffic.
Surrounding the property is a vibrant mix of national retailers, service providers, and community amenities including ALDI, Walgreens, Lifetime Fitness, and Wayzata High School with over 3,700 students. The area’s demographics are particularly compelling, with a 1-mile radius median household income exceeding $215,000 and an average household income of $270,000, indicating strong purchasing power and demand for quality retail services.
The property includes 31 surface parking stalls and is zoned for a variety of uses including boutique retail, wellness, financial services, and professional offices. However, drive-thru operations, tobacco, CBD, grocery, liquor, and restaurant uses are not permitted. Its strategic location near Minneapolis-St. Paul International Airport and major highways such as I-494 and Hwy 55 further enhances its accessibility and appeal to both tenants and customers.