Property History
The Shops at Wedgwood property is situated at the northwest corner of Interstate 494 and Bass Lake Road, with traffic counts reaching 78,000 vehicles daily on I-494. Nearby Retailers include: CVS, Fairview Clinics, Holiday Stationstore, Honest 1 Auto Care, BP, McDonald’s, Wells Fargo, and many more. There are also many business offices in the immediate area including Prudential, Data Recognition Corporation, and Upsher-Smith, with a total of over 36,000 employees within 3 miles of the subject property. Maple Grove serves as the retail, cultural and medical center of the northwest region of the Minneapolis-St. Paul metropolitan area. Maple Grove is a major shopping destination, with The Shoppes at Arbor Lakes, The Fountain, and Main Street. These three distinct shopping areas combined have more retail than the Mall of America. Located Less than 20 minutes from downtown Minneapolis, Maple Grove was voted the 22nd Best Place to Live by "CNN Money Magazine." The Twin Cities metro area, with approximately 3.4 million residents, is home to 18 Fortune 500 companies.
- Ideally located off of Interstate 494 with traffic counts averaging 78,000 vehicles daily.
- High quality construction with several original tenants who have operated at this location for over 10 years. By square footage, 75% of current tenants are original tenants.
- Excellent demographics with a 5-mile population of 190,863. A 3-mile average household income of $133,749, and employee population of over 36,000.
- Three fully leased retail centers with tenants: Original Pancake House, Pizza Hut, Fantastic Sams, R Taco, All Seasons Cleaners, Hot Nails, Yu Fong, Metro Dentalcare, Totally Tan, Solos Pizza Café, Jimmy John’s Gourmet Sandwiches, North Star Eye Care, Total Spine Health & Injury Center, Snap Fitness, and Bruegger’s Bagels & Caribou Coffee.
- Nearby Retailers include: CVS, Fairview Clinics, Holiday Stationstore, Honest 1 Auto Care, BP, McDonald’s, Wells Fargo, and many more.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
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Map
Comparable Properties
Rental Market Overview

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