Listing Agency: M***@cbre.com Show Phone

Listed By: Matthew Friday Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 10 Last Checked: Aug 19 at 5:35AM

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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 Matthew Friday

Investment Insights

Based on property information with market context.

This commercial real estate offers 21,410 square feet of retail space on the ground floor. The current lease term extends through December 22, 2030. The property is located on West Lake Street in Minneapolis, MN.

Key Highlights

• Ground floor retail space
• 21,410 SF of retail space
• Current term through December 22, 2030

Property Analytics

Property Profile

Current Use

Target Grocery Grocery & Convenience Store Target Mobile Mobile Phone Store Ramp at Revel Parking Parking Lot & Garage Coinhub Bitcoin ATM ... Atm Sonder at REVEL Apartment Building

Suggested Use

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

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

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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - 21,410 SF retail space available for rent.

Where is this retail space located?

The property is located at 1300 West Lake Street Minneapolis, MN.

What are key features of this property?

This property features: Ground floor retail space; 21,410 SF of retail space; Current term through December 22, 2030