LONG-TERM GROUND LEASE OPPORTUNITY ±4.53 ACRES OF COMMERCIAL LAND Eden Prairie, MN 55347 PROPERTY HIGHLIGHTS Pioneer Trail + + Accessed from Pioneer Trail + + Easy access to County Road 61 (Flying Cloud Dr) and Hwy 212 + + 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 +1 952 924 4603 richard.palmiter@cbre.com BRIAN PANKRATZ Vice President +1 952 924 4665 brian.pankratz@cbre.com
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
NEIGHBORHOOD AMENITIES Grace Church Flying Cloud Airport Eden Prairie Mall Hennepin Technical College Idlewild Center
PARCEL MAP Pioneer Trail 10,300 VPD Flying Cloud Airport
SITE PLAN
CONCEPT PLAN
PROPERTY TAXES
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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 2 200 200 200 35 20 40 10 Not Permitted 0.2-1 Story 0.2 30 Ht. of Main Structure SECTION 11.28. 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. 22-2007 Effective Date: 9/13/2007 **Banks Source: Ordinance No. 9-87 Effective Date: 5/7/87 Retail Stores and Shops Source: Ordinance No. 22-2007 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 1/2-1000 G.F.A. Source: Ordinance No. 9-87 Effective Date: 5-7-87 3/1000 sq. ft. G.F.A. 1/2-1000 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
GUIDING MAP SITE
DEMOGRAPHIC BRIEF 2016 population 1 mile radius 3,118 2016 housing units 1 mile radius 1,210 2016 Average Household Income 1 mile radius $164,939 2016 employees 1 mile radius 1,690 2016 businesses 1 mile radius 79
DEMOGRAPHICS POPULATION 1 MILE 3 MILES 5 MILES 2016 Population - Current Year Estimate 3,118 46,050 131,501 2021 Population - Five Year Projection 3,285 48,069 138,278 2010 Population - Census 2,951 43,916 123,982 2000 Population - Census 2,293 37,167 105,195 2010-2016 Annual Population Growth Rate 0.88% 0.76% 0.95% 2016-2021 Annual Population Growth Rate 1.05% 0.86% 1.01% HOUSEHOLDS 2016 Households - Current Year Estimate 1,146 18,223 51,038 2021 Households - Five Year Projection 1,204 18,965 53,535 2010 Households - Census 1,087 17,461 48,348 2000 Households - Census 750 14,252 39,907 2010-2016 Annual Household Growth Rate 0.85% 0.69% 0.87% 2016-2021 Annual Household Growth Rate 0.99% 0.80% 0.96% 2016 Average Household Size 2.72 2.52 2.55 HOUSEHOLD INCOME 2016 Average Household Income $164,939 $128,210 $123,426 2021 Average Household Income $177,958 $138,514 $134,787 2016 Median Household Income $137,417 $96,948 $93,449 2021 Median Household Income $150,758 $105,930 $104,493 2016 Per Capita Income $57,078 $50,938 $48,068 2021 Per Capita Income $61,364 $54,855 $52,345 HOUSING UNITS 2016 Housing Units 1, 210 19,101 53,263 2016 Vacant Housing Units 64 5.3% 878 4.6% 2,225 4.2% 2016 Occupied Housing Units 1,146 94.7% 18,223 95.4% 51,038 95.8% 2016 Owner Occupied Housing Units 1,083 89.5% 12,670 66.3% 38,302 71.9% 2016 Renter Occupied Housing Units 63 5.2% 5,553 29.1% 12,736 23.9% EDUCATION 2016 Population 25 and Over 2, 028 30,748 88,650 HS and Associates Degrees 685 33.8% 11,039 35.9% 35,192 39.7% Bachelor's Degree or Higher 1,301 64.2% 18,821 61.2% 50,006 56.4% PLACE OF WORK 2016 Businesses 79 1,967 5,719 2016 Employees 1,690 33,505 105,831 2017 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.