Multi-Tenant Retail
For Sale
Contact for pricing
12050 Central Ave NE, Minneapolis, MN 55434
Nine retail spaces with one current vacancy, plus staggered lease expirations ranging from 3 to 5 years.
Days on Market113
Property Features for 12050 Central Ave NE
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Brait Capital
(651) 353-1266
Listed By:
Sean Stark · License #MN 40622986
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 23 at 1:58PM
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 Brait Capital
Investment Insights
Based on property information with market context.
This for-sale multi-tenant retail property includes a total of nine spaces, with one vacancy currently available at 831 square feet. The building totals 14,005 square feet, and lease expirations are described as ranging from 3 to 5 years.
Located at 12050 Central Ave NE in Minneapolis, MN 55434, the offering is structured for multiple tenants within a single retail building. The seller has noted an assumable loan with a 5% rate that is due in approximately 4.5 years.
For details on the remaining loan balance and the payment associated with the assumable loan, contact the listing broker.
Located at 12050 Central Ave NE in Minneapolis, MN 55434, the offering is structured for multiple tenants within a single retail building. The seller has noted an assumable loan with a 5% rate that is due in approximately 4.5 years.
For details on the remaining loan balance and the payment associated with the assumable loan, contact the listing broker.
Key Highlights
- Total of 9 retail spaces with only 1 current vacancy
- Building size is 14,005 SF
- One vacant space available at 831 SF
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Electronics 3%
Family Dollar
Shops & Services
8,585 visits/mo
0.4 miles
Mobil
Shops & Services
7,348 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
3,139 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
2,314 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
565 visits/mo
0.5 miles
Demographics for 55434, MN
31,776
Population
12,221
Households
2.6
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
8.9 sq mi
ZIP Area
3,570
Density / Sq Mi
$88,163
Median Household Income
$45,682
Median Earnings
$1,703
Median Rent
$269,600
Median Home Value
Market
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Nine retail spaces with one current vacancy, plus staggered lease expirations ranging from 3 to 5 years.
Where is this retail space located?
The property is located at 12050 Central Ave NE Minneapolis, MN.
What are key features of this property?
This property features: Total of 9 retail spaces with only 1 current vacancy; Building size is 14,005 SF; One vacant space available at 831 SF
