Village On The Ponds

420 - 438 Pond Promenade, Chanhassen, MN 55317

Property Information

  • For Lease Contact for pricing
  • Property Type Retail
  • Parking Spaces Avail. 70
  • Building Class B
  • Year Built 2000
  • Date Updated Jun 28, 2026

Description

For Lease - Grocery Anchored Retail Space                             

Space Available

  • Suite 426: 1,813 SF 
  • 2026 CAM: $6.47 PSF and Tax: $4.68 PSF
  • Lease Rate: $25.00 PSF NNN 

Highlights & Features

  • 14,850 SF Retail Center — positioned within a thriving, grocery‑anchored development that drives consistent daily traffic
  • Exceptional Visibility & Access — prominent frontage and smooth ingress/egress for customers coming from Hwy 5 and Great Plains Blvd
  • Strategic Corner Location — situated at the SW corner of Hwy 5 & Great Plains Blvd, one of Chanhassen’s most active commercial corridors
  • Ample Parking — approximately 55 surface stalls, offering convenience for both quick‑stop and destination shoppers
  • Surrounded by powerhouse national and regional retailers including Target, Merlins Ace Hardware, Mainstream Boutique, Lotus Lake Gifts & Décor, gg Pretty Things, Lakewinds Co‑op, Culver’s, Total Wine, Houlihan’s, Foss Swim School, New Horizon Academy, Chick‑fil‑A, Walgreens, Jimmy John’s, Cub Foods, Aldi, Buffalo Wild Wings, and more
  • High‑performing co‑tenants onsite: Bonsai Sushi, StretchLab, ATA Chanhassen Martial Arts, Studio Pilates, Dentistry on the Ponds, and Johnson Fitness & Wellness.

Demographics

  • Average Household Population: 1 mile - 5,425, 3 miles - 23,583, 5 miles - 46,169
  • Average Household Income: 1 mile - $176,019, 3 miles - $191,307, 5 miles - $204,030

Traffic Counts

  • Hwy 5: 37,124 VPD
  • Hwy 101/Market Blvd: 14,249 VPD
  • Great Plains Blvd: 7,277 VPD

1 Space Available

Space Available

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

1,813 SF

Divisible Space

1,813 - 1,813 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Build Type

Full build out

Contacts

Location

Contact Village On The Ponds
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