Retail Space in Luxury
For Lease
Contact for pricing
1201-1211 Lagoon Ave, Minneapolis, MN
Street-level retail space in a luxury mixed-use development.
Space Size1,958 SF - 3,130 SF
Lot Size0.39 Acres
Days on Market339
Property Features for 1201-1211 Lagoon Ave
General Information
Standard status
Active
Size
1,958 SF - 3,130 SF
Lot size
0.39 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Calhoun Isles
Spaces For Lease
at 1201-1211 Lagoon Ave Contact usLumen on Lagoon Retail for Lease AVAILABLE, Now
Floor
1
Size
1,958 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
Located in the heart of Minneapolis' vibrant
Uptown neighborhood, Lumen on Lagoon
offers a premier first-floor retail opportunity
along the highly desirable Lagoon Avenue
corridor.
• 1st Floor Retail Condominium in the Heart of
Uptown Minneapolis
• Prominent Storefront Visibility with Abundant
Natural Light
• Walkable Urban Environment with
Restaurants, Coffee Shops, Entertainment, and
Shopping Steps Away
• Dynamic Mixed-Use Development in a Thriving
commercial district
Contact us Cannabis Compliant Retail Sublease Space AVAILABLE
Size
3,130 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Sublease
Yes
Cannabis compliant property will excellent visibility immediately available for your buildout. Other uses welcome.
Contact us
Listing Agency:
Grand Real Estate Advisors
Listed By:
Edward (Ted) J LaFave
(612) 875-3858
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Oct 25
Last Checked: Oct 26 at 8:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grand Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This street-level storefront opportunity is located in the Lumen Building, a luxury mixed-use development featuring street-level retail and four floors of residential condominiums. The space is cannabis-ready and approved by the landlord, city, and association. Spaces can be combined for a total of 3,130 square feet. The 2025 Tax/CAM is estimated at $10.10 per square foot. Base rent is negotiable, and competitive Tenant Improvement packages and free rent are available. Parking is available in a covered ramp across the street, with ample stalls available at a negotiable cost. The location features a dense urban population and affluent demographics and is minutes away from the Minneapolis CBD. The property size is 2,014 square feet.
Key Highlights
- Cannabis ready and approved by landlord, city, and association.
- Street level storefront in luxury mixed‑use Lumen Building.
- Spaces can be combined for a total of 3,130 SF.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
$10.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,157
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Dining 32%
Shops & Services 20%
Apparel 3%
Cub Foods
Groceries
30,982 visits/mo
0.1 miles
Lunds & Byerlys
Groceries
23,584 visits/mo
0.3 miles
McDonald's
Dining
16,650 visits/mo
0.2 miles
Speedway
Shops & Services
14,134 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
10,300 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Minneapolis, MN
$15.8 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
7,215 SF
Avg Space Size
Vacancy Rate% for Retail in Minneapolis, MN
Frequently Asked Questions
What type of property is this?
Retail space - Street-level retail space in a luxury mixed-use development.
Where is this retail space located?
The property is located at 1201-1211 Lagoon Ave Minneapolis, MN.
What are key features of this property?
This property features: Cannabis ready and approved by landlord, city, and association.; Street level storefront in luxury mixed‑use Lumen Building.; Spaces can be combined for a total of 3,130 SF.
