Downtown Wayzata
Description
Lakeside Charm with Upscale Appeal
Just 15 minutes from the City of Lakes, this enclave offers a quaint retail experience on the shores of Lake Minnetonka. Known for its picturesque setting and boutique charm, Wayzata attracts a selective crowd seeking high-end shopping, delightful restaurants and a leisurely lakeside atmosphere. The area’s inviting streets, featuring a mix of major national brands, local boutiques and sophisticated home furnishing stores, create a picturesque and highly cultivated environment where brands can be part of a quintessential lakeside day out.
The Downtown Wayzata Experience
Downtown Wayzata captures the essence of small-town charm blended with modern amenitie
Toastique Brings Gourmet Toast and Juice Bar to Wayzata
Local Expert Analysis
Retail Leasing and Market Dynamics
In Downtown Wayzata, retail spaces command rents between $50 and $75 per square foot, attracting a range of high-end and lifestyle brands to this lakeside destination. With a vacancy rate under 5%, the area boasts one of the most stable retail markets in the Minneapolis-St. Paul metropolitan area, underlining its desirability among retailers. While Downtown Wayzata may not be the first choice for flagship locations or initial market entries, its high occupancy and sought-after setting have made it a top choice for brands that prioritize scenic charm and a high-income customer base. The recent remodeling of Evereve underscores the area’s appeal to establish
New Developments
As Downtown Wayzata continues to attract interest from both local and national brands, its steady leasing activity and low vacancy rates indicate a stable and attractive market. The area’s lakeside setting and community-driven appeal are expected to support ongoing demand for retail spaces, reinforcing Wayzata’s status as one of the most desirable high streets in the region.