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FOR MORE INFORMATION, CONTACT Rich Lee / Bradee Thompson 763.862.2005 [email protected] [email protected] For Lease: Retail Space P ROPERTY F EATURES GROWING AREA WITH GREAT DEMOGRAPHICS LOCATED ACROSS FROM OAKDALE MIDDLE SCHOOL AND IN CLOSE PROXIMITY TO THE YMCA AND ANDOVER COMMUNITY CENTER COMPETITIVE LEASE RATES AND GENEROUSE TENANT IMPROVEMENT ALLOWANCE BUILDING AND MONUMENT SIGNAGE AVAILABLE 1573 - 1574 154th Avenue NW, Andover, MN 299 Coon Rapids Blvd. Suite 200 | Coon Rapids, MN 55304 | premiercommercialproperties.com PROPERTY DETAILS : 1,017 —1,440 S Q . F T . LEASE RATE: $14 / PSF NNN CAM & TAX: $9.16 / PSF (2019) Hanson Commons I & II 1573-1574 154th Avenue NW, Andover , MN

For Lease: Retail Space - Premier Commercial Properties MN · Mathnasium 1,440 SF. Hanson Commons II 1573 154th Avenue NW, Andover, MN 55304 ... The project design team provided a

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Page 1: For Lease: Retail Space - Premier Commercial Properties MN · Mathnasium 1,440 SF. Hanson Commons II 1573 154th Avenue NW, Andover, MN 55304 ... The project design team provided a

FOR MORE INFORMATION, CONTACT

Rich Lee / Bradee Thompson

763.862.2005

[email protected]

[email protected]

For Lease: Retail Space

PROPERTY FEATURES

GROWING AREA WITH GREAT DEMOGRAPHICS

LOCATED ACROSS FROM OAKDALE MIDDLE SCHOOL AND IN CLOSE

PROXIMITY TO THE YMCA AND ANDOVER COMMUNITY CENTER

COMPETITIVE LEASE RATES AND GENEROUSE TENANT IMPROVEMENT

ALLOWANCE

BUILDING AND MONUMENT SIGNAGE AVAILABLE

1573 - 1574 154th Avenue NW, Andover, MN

299 Coon Rapids Blvd. Suite 200 | Coon Rapids, MN 55304 | premiercommercialproperties.com

PROPERTY DETAILS:

1,017 —1,440 SQ. FT.

LEASE RATE: $14 / PSF NNN

CAM & TAX: $9.16 / PSF (2019)

Hanson Commons I & II 1573-1574 154th Avenue NW, Andover , MN

Page 2: For Lease: Retail Space - Premier Commercial Properties MN · Mathnasium 1,440 SF. Hanson Commons II 1573 154th Avenue NW, Andover, MN 55304 ... The project design team provided a

Hanson Commons I 1573 154th Avenue NW, Andover, MN 55304

Hanson Commons I

299 Coon Rapids Blvd. Suite 200 | Coon Rapids, MN 55304 | premiercommercialproperties.com

Suite 108

Mathnasium

1,440 SF

Page 3: For Lease: Retail Space - Premier Commercial Properties MN · Mathnasium 1,440 SF. Hanson Commons II 1573 154th Avenue NW, Andover, MN 55304 ... The project design team provided a

Hanson Commons II 1573 154th Avenue NW, Andover, MN 55304

Hanson Commons II

299 Coon Rapids Blvd. Suite 200 | Coon Rapids, MN 55304 | premiercommercialproperties.com

Suite 105

Inspire Music Suite 108

Canine Crossings

Suite 107

Vacant 1,440 SF

Page 4: For Lease: Retail Space - Premier Commercial Properties MN · Mathnasium 1,440 SF. Hanson Commons II 1573 154th Avenue NW, Andover, MN 55304 ... The project design team provided a

Hanson Commons I & II 1573 -1574 154th Avenue NW, Andover, MN 55304

Future Expansion Plans of the Andover Community Center

The City Council at the January 15th Andover City Council Meeting voted to move forward with the preparation of plans and specification for the Andover Community Center Expan-sion Project to go out for bid. The Council also directed that various alternate bids be prepared to allow flexibility in final expansion directives.

The project design team provided a presentation to the Coun-cil at the January 15th meeting highlighting reductions made to previous drawings (presented on October 9, 2018 with an $18.9 million cost estimate) through a value engineering pro-cess and City Administration stated the design team believes they have achieved about as efficient design possible without sacrificing programming. The updated project cost estimate is at $17,964,328.

The expansion plan provides an indoor walking track, a multi-purpose sports complex to accommodate turf and ice sports, a one court field house expansion (volleyball, pickleball, bas-ketball, etc), public meeting rooms, multi-use flex space for teens and seniors, and additional parking.

If you have any questions related to the Andover Community

Center Expansion Project, please contact City Administration

at 763-755-5100.

299 Coon Rapids Blvd. Suite 200 | Coon Rapids, MN 55304 | premiercommercialproperties.com

Page 5: For Lease: Retail Space - Premier Commercial Properties MN · Mathnasium 1,440 SF. Hanson Commons II 1573 154th Avenue NW, Andover, MN 55304 ... The project design team provided a

Hanson Commons I & II 1573 - 1574 154th Avenue NW, Andover, MN 55304

299 Coon Rapids Blvd. Suite 200 | Coon Rapids, MN 55304 | premiercommercialproperties.com

Common 1

Common 2

Anoka Middle School Andover Community Center

Page 6: For Lease: Retail Space - Premier Commercial Properties MN · Mathnasium 1,440 SF. Hanson Commons II 1573 154th Avenue NW, Andover, MN 55304 ... The project design team provided a

Hanson Commons I & II 1573 - 1574 154th Avenue NW, Andover, MN 55304

Trade Area Demographics - Source Costar 2018

1 Mile 3 Mile 5 Miles

$120,972 $117,437 $101,150

Est. Avg. Income Est. Avg. Income Est. Avg. Income

6,836 29,371 92,113

Est. Population Est. Population Est. Population

2,110 9,517 32,069

Est. Households Est. Households Est. Households

299 Coon Rapids Blvd. Suite 200 | Coon Rapids, MN 55304 | premiercommercialproperties.com

Common 1

Common 2

Anoka Middle School

Andover Community Center