LONG-TERM GROUND LEASE OPPORTUNITY ±4.53 ACRES OF COMMERCIAL LAND Eden Prairie, MN 55347

Transcription

1 LONG-TERM GROUND LEASE OPPORTUNITY ±4.53 ACRES OF COMMERCIAL LAND Eden Prairie, MN PROPERTY HIGHLIGHTS Pioneer Trail + + Accessed from Pioneer Trail + + Easy access to County Road 61 (Flying Cloud Dr) and Hwy Major shopping and commerce 3-5 miles from the property 10,300 VPD + + Zoned: A-C Airport Commercial Flying Cloud Airport CONTACT US RICHARD PALMITER Vice President richard.palmiter@cbre.com BRIAN PANKRATZ Vice President brian.pankratz@cbre.com

2 NEIGHBORHOOD MAP Cedar Ridge Elementary Pioneer Trail Staring Lake Hennepin Tech College 10,300 VPD Reeder Ridge by Pulte Homes Flying Cloud Airport 16,600 VPD Flying Cloud Drive

3 NEIGHBORHOOD AMENITIES Grace Church Flying Cloud Airport Eden Prairie Mall Hennepin Technical College Idlewild Center

4 PARCEL MAP Pioneer Trail 10,300 VPD Flying Cloud Airport

5 SITE PLAN

6 CONCEPT PLAN

7 PROPERTY TAXES

8 ZONING MAP SITE

9 ZONING LANGUAGE Minimum Lot Size Min. Width Min. Yard Setback Dwelling Unit Max. Floor Acres Width Ft. Depth Ft. at ROW Front Ft. One Side Ft. Both Sides Ft. Rear Ft. Area Ratio Max. Base Area Ratio Not Permitted Story Ht. of Main Structure SECTION AIRPORT C -COMMERCIAL DISTRICT Subd. 1. Purposes of Airport C-Commercial. The purposes of the Airport C-Commercial District (A-C) are to: (I) Provide appropriately located areas for retail stores, offices, service establishments, restaurants, business and professional offices and accessory uses, gasoline/convenience stores and amusement establishments; (2) Provide opportunities for retail stores, offices, service establishments, and amusement establishments, to concentrate for the convenience of the public and in mutually beneficial relationship to each other; (3) Provide space for community facilities and institutions that appropriately may be located in commercial areas; (4) Provide adequate space to meet the needs of modern commercial development, including off-street parking and truck loading areas; (5) Minimize traffic congestion and avoid the overloading of utilities by preventing the construction of buildings of excessive size in relation to the amount of land around them; and, (6) Protect commercial properties from noise, odor, dust, dirt, smoke, vibration, heat, glare, traffic, fire, explosion, noxious fumes, and other hazards. Subd.2. Permitted Uses in Airport -Commercia) District. A. All direct retail sales to users of goods and services conducted within structures and accessory uses, including related or supporting office and distribution uses. B. Public Infrastructure. Subd. 3. Required Conditions for Airport Commercial. A. Acceptable, approved sanitary sewer service must be provided to all occupied structures and uses. Subd. 4. Aeronautica) Uses. Aeronautical Uses and Aeronautical Development Projects are not subject to the terms or conditions of the City Code. Subd. 5. Restrictions. In addition to the requirements set forth in this Section, construction of any building or structure situated within Airport -Commercial shall comply with all federal and state statutes, regulations, rules, laws, restrictions, guidance, and directives and Metropolitan Airports Commission rules and regulations concerning aeronautical safety and operation within the Flying Cloud Airport and runway protection zones. e. COMM, A-C Service Stations Motels, Hotels Restaurant Type 1 Restaurant Type 2 Restaurant Type 3 Source: Ordinance No Effective Date: 9/13/2007 **Banks Source: Ordinance No Effective Date: 5/7/87 Retail Stores and Shops Source: Ordinance No Effective Date: 9/13/2007 Arenas, Theaters, Assembly Halls Warehouses f. IND** Manufacturing Warehouses Office Gymnasium g. PUB Places of Worship 10+ spaces where cars are serviced 1/guest room + 1/employee 1/2.5 seats based on capacity 1/3 seats based on capacity 1/2 seats based on capacity 6.0/1000 sq. ft. G.F.A. 5/1000 sq. ft. G.F.A. 1/3 seats 1/ G.F.A. Source: Ordinance No Effective Date: /1000 sq. ft. G.F.A. 1/ sq. ft. G.F.A. 5/1000 sq. ft. G.F.A. 5/1000 sq. ft. G.F.A. 1/3 seats in largest assembly room h. Golf Course 1/3 seats in the clubhouse plus 72 spaces

10 GUIDING MAP SITE

11 DEMOGRAPHIC BRIEF 2016 population 1 mile radius 3, housing units 1 mile radius 1, Average Household Income 1 mile radius $164, employees 1 mile radius 1, businesses 1 mile radius 79

12 DEMOGRAPHICS POPULATION 1 MILE 3 MILES 5 MILES 2016 Population - Current Year Estimate 3,118 46, , Population - Five Year Projection 3,285 48, , Population - Census 2,951 43, , Population - Census 2,293 37, , Annual Population Growth Rate 0.88% 0.76% 0.95% Annual Population Growth Rate 1.05% 0.86% 1.01% HOUSEHOLDS 2016 Households - Current Year Estimate 1,146 18,223 51, Households - Five Year Projection 1,204 18,965 53, Households - Census 1,087 17,461 48, Households - Census ,252 39, Annual Household Growth Rate 0.85% 0.69% 0.87% Annual Household Growth Rate 0.99% 0.80% 0.96% 2016 Average Household Size HOUSEHOLD INCOME 2016 Average Household Income $164,939 $128,210 $123, Average Household Income $177,958 $138,514 $134, Median Household Income $137,417 $96,948 $93, Median Household Income $150,758 $105,930 $104, Per Capita Income $57,078 $50,938 $48, Per Capita Income $61,364 $54,855 $52,345 HOUSING UNITS 2016 Housing Units 1, ,101 53, Vacant Housing Units % % 2, % 2016 Occupied Housing Units 1, % 18, % 51, % 2016 Owner Occupied Housing Units 1, % 12, % 38, % 2016 Renter Occupied Housing Units % 5, % 12, % EDUCATION 2016 Population 25 and Over 2, ,748 88,650 HS and Associates Degrees % 11, % 35, % Bachelor's Degree or Higher 1, % 18, % 50, % PLACE OF WORK 2016 Businesses 79 1,967 5, Employees 1,690 33, , CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.