Overview
Retail Space in New Development
This 1,345-square-foot retail space is located in a new development featuring a 25-story residential tower with 350 units. The property benefits from a dense housing population and proximity to a Light Rail Station. Covered parking is available with 100 spaces, in addition to the 1,610 parking stalls in the Fleet Farm parking ramp. The location provides access to the CBD Skyway. Neighboring tenants include US Bank Stadium, home of the Minnesota Vikings, The Armory, a music and events venue with 8,400-person capacity, and The Commons, a 4.2-acre public green space, Trader Joe’s, Mill City Museum, Guthrie Theater, The Depot Minneapolis, Bar Zia, Crooked Pint Ale House, Subway, Caribou Coffee, Off the Rails, Sawatdee Thai, OUI Bar & Kitchen, and Jimmy John’s. The average household population within a 1-mile radius is 14,968, within 3 miles is 155,222, and within 5 miles is 319,999. The average daytime population within a 1-mile radius is 67,525, within 3 miles is 149,356, and within 5 miles is 212,772. The average household income within a 1-mile radius is $59,607, within 3 miles is $47,539, and within 5 miles is $57,120. Traffic counts include 4,004 vehicles per day on S 4th St, 6,921 vehicles per day on 5th Avenue S, 3,994 vehicles per day on Portland Avenue, and 7,491 vehicles per day on S 33rd St. The estimated CAM/Tax for 2025 is $7.65 per square foot. Lease rate is negotiable.
