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1816 37th Ave NE, Minneapolis, MN 55418

Retail space off I-35W along 37th Ave NE, near established national and regional retailers.

Space Size4,828 SF
Days on Market510

Property Features for 1816 37th Ave NE

General Information

Standard status Active
Size 4,828 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Spaces For Lease

at 1816 37th Ave NE
Former Speedway $16/SF/Yr
Floor 1
Size 4,828 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
• 5-mile population of 352,477 and average household income of $114,027 within a 1-mile radius. • Located off I-35W along 37th Ave NE where traffic counts average 8,200 VPD. Traffic counts on I-35W average 105,000 VPD. • Nearby tenants include Starbucks, Chipotle, Cub Foods, Culver’s, Walgreens, Culver’s. etc. • This property is located approximately 7 miles north of Downtown Minneapolis. • Gas tanks, pumps & canopy removed.
Contact us
Listing Agency: Upland Real Estate Group, Inc
Listed By: Chad Sturm · License #20070429
Source: Moodyscre
Added: May 28, 2025 Changed: Oct 9 Last Checked: Oct 19 at 8:51AM

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 Upland Real Estate Group, Inc

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Investment Insights

Based on property information with market context.

This 4,828-square-foot retail space is situated off I-35W along 37th Ave NE. The property previously included gas tanks, pumps, and a canopy, all of which have been removed.

The site benefits from reported traffic volumes of 8,200 VPD on 37th Ave NE and 105,000 VPD on I-35W. Nearby tenants include Starbucks, Chipotle, Cub Foods, Culver’s, and Walgreens. The property is approximately 7 miles north of Downtown Minneapolis and within a 5-mile population base of 352,477.

Key Highlights

  • 4,828‑square‑foot retail space
  • Located off I‑35W along 37th Ave NE
  • 37th Ave NE traffic averages 8,200 VPD

Property Analytics

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Current Use

Speedway Gas Station

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

602
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 85% Dining 7% Electronics 5% Beauty & Spa 3%
Cub Foods Groceries
45,474 visits/mo 0.5 miles
Leeann Chin Dining
3,591 visits/mo 0.5 miles
Sally Beauty Supply Beauty & Spa
1,831 visits/mo 0.5 miles
Metro by T-Mobile Electronics
1,215 visits/mo 0.1 miles
AT&T Electronics
850 visits/mo 0.5 miles

Demographics for 55418, MN

31,887
Population
14,859
Households
2.1
Avg Household Size
37
Median Age
51%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
4,555
Density / Sq Mi
$95,630
Median Household Income
$56,491
Median Earnings
$1,349
Median Rent
$332,500
Median Home Value
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Market

Lease Benchmarks for Minneapolis, MN

$15.8 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
7,203 SF
Avg Space Size

This space is priced 1% above the average of $15.8 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space off I-35W along 37th Ave NE, near established national and regional retailers.
Where is this retail space located?
The property is located at 1816 37th Ave NE Minneapolis, MN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 4,828‑square‑foot retail space; Located off I‑35W along 37th Ave NE; 37th Ave NE traffic averages 8,200 VPD
(612) 436-1122 Call to check price and availability
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