2,341 - 2,823 SF RETAIL & 1,013 - 3,352 SF OFFICE

AVAILABLE

Chanhassen West Village800-960 West 78th Street, Chanhassen, MN 55317

FOR LEASE

Kim MeyerSenior Director +1 952 893 8887 kim.meyer@cushwake.com

©2017 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

Zander FriedSenior Associate +1 952 893 8853 zander.fried@cushwake.com

For more information, please contact:

Cushman & Wakefield3500 American Blvd. W. Suite 200 Minneapolis, MN 55431cushmanwakefield.com

 HOME   HIGHLIGHTS  SITE PLANS  AERIAL 

DEMOGRAPHICS 

Chanhassen West Village800-960 West 78th Street, Chanhassen, MN 55317

FOR LEASE

Kim MeyerSenior Director +1 952 893 8887 kim.meyer@cushwake.com

©2017 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

Zander FriedSenior Associate +1 952 893 8853 zander.fried@cushwake.com

For more information, please contact:

Cushman & Wakefield3500 American Blvd. W. Suite 200 Minneapolis, MN 55431cushmanwakefield.com

Property Highlights BUILDING INFORMATION

Location Powers Blvd. & Kerber Blvd.

Building Size (GLA) 145,388 square feet

Space AvailableRetail 2,341 - 2,823 square feet Office 1,013 - 3,352 square feet

Lease Rate Negotiable

DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

Population 5,867 47,263 115,230

Households 2,478 17,377 43,535

Avg. HH Income $130,189 $158,830 $143,111

Daytime Population 7,413 25,897 62,690

TRAFFIC COUNTS VPD

West 78th Street 12,800

Kerber Blvd. 6,300

Powers Blvd. 15,700

• High traffic center with Byerly’s, Party City, TCF Bank, Caribou Coffee, FedEx Office and Office Max as well as other tenants

• Good visibility from Highway 5 & Powers Blvd

• Abundant parking

• Close to TargetOPERATING EXPENSES (2019 ESTIMATES)

CAM & Insurance $4.95 psf

Real Estate Taxes $5.15 psf

Total $10.10 psf

 HOME   HIGHLIGHTS  SITE PLANS  AERIAL 

DEMOGRAPHICS 

FOR LEASE

Chanhassen West Village800-960 West 78th Street, Chanhassen, MN 55317

 HOME   HIGHLIGHTS  SITE PLANS  AERIAL 

DEMOGRAPHICS 

›

FOR LEASE

Chanhassen West Village800-960 West 78th Street, Chanhassen, MN 55317

 HOME   HIGHLIGHTS  SITE PLANS  AERIAL 

DEMOGRAPHICS 

›

?©A@

GïWX

MarketMarketSquareSquare

West VillageWest Village

?©A@

Arboretum Blvd

Arboretum Blvd

SSaann

ttaa

VVeerraa DDrr

KKeerrbbeerrBBl lv vd d

WW 7799tthh SStt

Pow

ers

Blv

dPo

wer

s B

lvd

Lake Dr ELake Dr E

Lare

do D

rLa

redo

Dr

MMaa rr

kk eett B

Bllvv

dd

Lake Dr E

Lake Dr E

W 78th StW 78th St

WW 7799tthh SStt

PP oo ww

ee rrss

BBll vv

dd

GGrreeaattPPllaaiinnssBBllvvdd

AArrbboorreettuumm BBllvvdd

2,450 vpd2,450 vpd

9,900 vpd9,900 vpd

35,500 vpd

35,500 vpd

6,30

0 vp

d6,

300

vpd

12,800 vpd12,800 vpd

8,20

0 vp

d8,

200

vpd

7,500 vpd7,500 vpd

10,8

00 v

pd10

,800

vpd

15,7

00 v

pd15

,700

vpd

9,60

0 vp

d9,

600

vpd

11 33,, 11

00 00vv pp

dd

99,,6600

00vv pp

dd

3300,,550000 vvppdd

1144,,880000vvppd d

33,,770000 vvppdd

¯

0 300 600

FeetI:\INFO\ArcMap\Brokers\Retail\Kim_Meyer\Chanhassen-WestVillage\Workspace\800-960W78thSt-AerialMID.mxdI:\INFO\ArcMap\Brokers\Retail\Kim_Meyer\Chanhassen-WestVillage\Workspace\800-960W78thSt-AerialMID.mxdSources: Cushman & Wakefield/NorthMarq, ESRI, LandiscorSources: Cushman & Wakefield/NorthMarq, ESRI, Landiscor

FOR LEASE

Chanhassen West Village800-960 West 78th Street, Chanhassen, MN 55317

 HOME   HIGHLIGHTS  SITE PLANS  AERIAL 

DEMOGRAPHICS 

Executive SummaryChanhassen - 800 78Th St WChanhassen, MNRetail Listing

1 mile 3 miles 5 milesPopulation

2010 Population 5,729 43,319 106,267

2018 Population 5,867 47,263 115,2302023 Population 5,957 49,068 119,890

2010-2018 Annual Rate 0.29% 1.06% 0.99%

2018-2023 Annual Rate 0.30% 0.75% 0.80%

2018 Male Population 48.5% 48.9% 48.9%2018 Female Population 51.5% 51.1% 51.1%2018 Median Age 42.5 41.1 40.7

Currently, the U.S. median age is 38.3 years old.

Population by Employment2018 Civilian Population Base 3,571 27,307 65,167

2018 % Civilian Labor Force Employed 97.8% 97.8% 97.6%

2018 % Civilian Labor Force Unemployed 2.2% 2.2% 2.4%

Occupation Distribution2018 % White Collar Jobs 71.0% 80.1% 77.7%

2018 % Services Jobs 13.9% 10.4% 11.6%

2018 % Blue Collar Jobs 15.1% 9.4% 10.7%

Population by Education2018 Education Base - Population 25 + 4,232 32,223 78,917

Less than 9th Grade 2.0% 0.8% 1.2%

9th - 12th Grade, No Diploma 1.7% 1.1% 1.4%

High School Graduate 14.6% 9.6% 11.4%

GED/Alternative Credential 0.2% 0.8% 1.5%

Some College, No Degree 20.1% 15.0% 16.3%

Associate Degree 9.8% 9.3% 9.5%

Bachelor's Degree 36.3% 41.6% 38.1%

Graduate/Professional Degree 15.2% 21.7% 20.7%

Per Capita Income2018 Per Capita Income $52,980 $58,306 $54,1792023 Per Capita Income $60,995 $65,205 $60,769

2018-2023 Annual Rate 2.86% 2.26% 2.32%

Currently, the U.S. per capita income is $31,950. The per capita income is projected to be $36,530 in five years, for all U.S. households.

Households2010 Households 2,424 16,006 40,430

2018 Total Households 2,478 17,377 43,5352023 Total Households 2,519 18,003 45,167

2010-2018 Annual Rate 0.27% 1.00% 0.90%

2018-2023 Annual Rate 0.33% 0.71% 0.74%

2018 Average Household Size 2.36 2.72 2.63

Median Household Income2018 Median Household Income $97,891 $123,424 $108,0952023 Median Household Income $108,756 $134,559 $117,122

2018-2023 Annual Rate 2.13% 1.74% 1.62%

Currently, the median household income is $58,100 for all U.S. households. Median household income is projected to be $65,727 in five years, for all U.S. households.

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2018 and 2023

January 02, 2019Prepared By Cushman & Wakefield Click Me

©2018 Esri Latitude: 44.86349 Longitude: -93.541926 Page 1 of 2

Executive SummaryChanhassen - 800 78Th St WChanhassen, MNRetail Listing

1 mile 3 miles 5 milesAverage Household Income

2018 Average Household Income $130,189 $158,830 $143,1112023 Average Household Income $149,511 $178,098 $161,033

2018-2023 Annual Rate 2.81% 2.32% 2.39%

Currently, the average household income is $83,694 for all U.S households. Average household income is projected to be $96,109 in five years, for all U.S. households Households by Income

2018 Household Income Base 2,478 17,377 43,535

<$15,000 86 481 1,753

$15,000-$24,999 77 538 1,804

$25,000-$34,999 116 597 1,944

$35,000-$49,999 246 1,049 3,173

$50,000-$74,999 371 1,959 5,826

$75,000-$99,999 367 1,943 5,198

$100,000-$149,999 482 3,713 8,985

$150,000-$199,999 336 2,779 5,859

$200,000+ 397 4,317 8,993

Housing

2010 Housing Units 2,516 16,599 42,329Owner Occupied Housing Units 73.4% 82.5% 75.5%

Renter Occupied Housing Units 22.9% 14.0% 20.0%

Vacant Housing Units 3.7% 3.6% 4.5%

2018 Housing Units 2,553 17,922 45,393Owner Occupied Housing Units 73.6% 83.0% 75.4%

Renter Occupied Housing Units 23.5% 13.9% 20.5%

Vacant Housing Units 2.9% 3.0% 4.1%

2023 Housing Units 2,600 18,502 46,935Owner Occupied Housing Units 75.1% 84.5% 77.0%

Renter Occupied Housing Units 21.8% 12.8% 19.3%

Vacant Housing Units 3.1% 2.7% 3.8%

Currently, in the U.S., 56.0% of the housing units are owner occupied; 32.8% are renter occupied; and 11.2% are vacant.

Daytime PopulationTotal Employees 7,413 25,897 62,690

Total Businesses 431 1,605 3,824

Total Residential Population 5,867 47,263 115,230

Employee/Residential Population Ratio 126 55 54

Top Tapestry Segments1 mile 3 miles 5 miles

Green Acres (6A) Old and Newcomers (8F)In Style (5B) Soccer Moms (4A)Professional Pride (1B)

32.5%

24.9%

16.8% 15.2%

7.4%

Professional Pride (1B) Soccer Moms (4A)Savvy Suburbanites (1D) In Style (5B)Green Acres (6A)

39.6%

16.6%

15.6%14.3%

5.4%

Professional Pride (1B)Savvy Suburbanites (1D)Soccer Moms (4A)In Style (5B)Bright Young Professionals (8C)

24.6%

18.3%

10.6% 8.9%

6.8%

More information about tapestry descriptions can be found here

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2018 and 2023

January 02, 2019Prepared By Cushman & Wakefield Click Me

©2018 Esri Latitude: 44.86349 Longitude: -93.541926 Page 2 of 2

Demographics

FOR LEASE

Chanhassen West Village800-960 West 78th Street, Chanhassen, MN 55317

 HOME   HIGHLIGHTS  SITE PLANS  AERIAL 

DEMOGRAPHICS