Cushman & Wakefield Retail Investment Advisors present The Shoppes of Oak Park Heights (the “Property”), a value add retail center strategically located in Oak Park Heights/Stillwater, Minnesota. The avg. household income in the sub-market is $165,884. Constructed in 2004 and shadow anchored by Walmart and Menards, this institutionally owned and managed Property totals 173,283 square feet and is 91% occupied.

The Property is anchored by Kohl’s + Sephora, TJ Maxx, and Michaels, which collectively account for 80% of the GLA and 70% of in-place revenue, providing durable cash flow supported by nationally recognized retailers. Additionally, the Property is adjacent to Stillwater High School (2,700+/- students), Walmart, and Menards, and is about one mile from Health Partners’ newest regional hospital campus (400,000 SF opening in 2028), positioning The Shoppes of Oak Park Heights with prime regional connectivity.

The value-add opportunity is immediately executable through the lease-up of an endcap and in-line vacancy totaling 15,876 square feet. Further upside exists via a viable break-up strategy, supported by separately parceled Kohl’s and two small-shop outlot buildings. The compelling combination of long-term income stability, national tenancy, and multiple value-creation strategies distinguishes The Shoppes of Oak Park Heights as an exceptional opportunity in the Twin Cities.