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Prime Uptown Retail Opportunity
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1220 Lake Street W, Minneapolis, MN 55408

Rare off-market retail space in the heart of uptown.

Space SizeContact for details
Property Size1,936 SF
Days on Market167

Property Features for 1220 Lake Street W

General Information

Standard status Active
Size 1,936 SF
Property subtype Retail

Building Details

Building Size 1,936 SF
Listing Agency:
Listed By: Holly Robinson
Source: Midamericagrp
Added: Mar 7 Changed: Aug 11 Last Checked: Aug 21 at 4:46AM

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 Holly Robinson

Investment Insights

Based on property information with market context.

This is a rare off-market retail opportunity located in the heart of uptown. The property is adjacent to Lake Street Apartments and Target, and across the street from Lagoon Theater. The location is surrounded by the entertainment options that uptown has to offer. Situated on Lake Street, which sees a traffic volume of 22,600 vehicles per day, the property also features billboard frontage to this major east/west artery of south Minneapolis.

Key Highlights

  • Rare, off‑market opportunity
  • Prime location in the heart of uptown
  • Adjacent to Target

Property Analytics

Current Use

Quatrefoil Library Advocacy Group Floyd's 99 Barbershop ... Barber Shop

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Auto Parts Store Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,157
Businesses Nearby
143k
Monthly Visits Nearby

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

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$16.25 /SF/Yr
Avg Asking Price
$11–$24 /SF/Yr
Price Range
8,519 SF
Avg Space Size

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Rare off-market retail space in the heart of uptown.
Where is this retail space located?
The property is located at 1220 Lake Street W Minneapolis, MN.
What are key features of this property?
This property features: Rare, off‑market opportunity; Prime location in the heart of uptown; Adjacent to Target
More about this property
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