Senior Living
1.95 Acres | 84,786 SF Available For Sale
Premier mixed-use development, located near Interstate 494 and Highway 100. This incredible 2-acre development site in Edina offers senior housing developers, investors, & operators a rare opportunity to be a part of one of Minnesota’s most desirable communities to live, work, play and stay.
A rare opportunity to be a part of the highly-desirable community of Edina and to reside within Pentagon Village.
Unmatched visibility to Highway 100 and Interstate 494. Minutes from M Health Fairview Southdale Hospital, Southdale Medical Center, Galleria, Southdale Mall and less than 5 miles from MSP Airport and Mall of America.
Adjacent to The Plaza at Pentagon Village with sculptural elements created by award-winning, Minneapolis based artist James Brenner. Walking paths lead to the 42 acre Fred Richards Park and Nine Mile Creek Regional Trail offering access to 15+ miles of paved trails.
Adjacent to the site is a 3-story parking ramp providing ample covered parking with the ability to expand if required.
Ages 65+
Population
2023 - 14,573 people (27.6% of Edina)
2028 - 16,846 people (30.4% of Edina)
15.6% growth between ‘23 - ‘28
Ages 65+
Households
2023 - 9,267 households (41.7% of Edina)
2028 - 16,846 households (30.4% of Edina)
13.4% growth between ‘23 - ‘28
Ages 65+ Median Household Income
2023 - $73,083 (Seniors 65+)
2023 - $92,877 (Seniors 65-74)
2028 - $89,051 (Seniors 65+)
2028 - $112,061 (Seniors 65-74)
21.9% growth between ‘23 - ‘28
Ages 65+ Household
Net Worth
2023 - $570,958 median household net worth
Home
Values
September 2023 - $676,500 (+16.1%) median sale price
Rolling 12 Months - $595,000 (1.7%) median sale price
Ages 65 + Home Ownership Rate
2020 - 74.2%
*2023 Demographics/Statistics Courtesy of Maxfield Research maxfieldresearch.com