Listing Agency: JLL Show Phone

Listed By: Dan Larew, CCIM SIOR Show Phone

Source: Moodyscre

Added: Apr 18, 2024 Changed: Jul 26 Last Checked: Jul 31 at 11:17AM

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Investment Insights

Based on property information with market context.

This warehouse offers a strong owner-user setup with potential for multi-tenant use. The building presents well and is positioned for practical in-place operations, with an approved use for cannabis.

Located just south of downtown Minneapolis, the property provides convenient access to Hiawatha Ave, supporting straightforward logistics and customer access. The facility totals approximately 43,562 square feet.

Key Highlights

• Infill warehouse just south of downtown Minneapolis
• Easy access to Hiawatha Ave
• Approved for cannabis use

Property Analytics

Current Use

Glenn Cronkhite Corporate Office Randbright Industrial Manufacturer Timesavers, LLC. - Minneapolis Factory La Ink Professional Services Northcott Banners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Nail Salon 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

1,290

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 55406, MN

34,588

Population

17,439

Households

2

Avg Household Size

39

Median Age

56%

College-Educated

93%

High-School Grad

5.0 sq mi

ZIP Area

6,918

Density / Sq Mi

$91,865

Median Household Income

$56,291

Median Earnings

$1,276

Median Rent

$335,500

Median Home Value

Market

Vacancy Rate% for Industrial in Minneapolis, MN

7.2% 2019

7.7% 2020

3.6% 2021

3% 2022

4.3% 2023

4.3% 2024

4.7% 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 warehouses 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?

Warehouse - Infill warehouse with easy access and approved cannabis use, offering owner-user or potential multi-tenant flexibility.

Where is this warehouse located?

The property is located at 2645 26th Ave S Minneapolis, MN.

What are key features of this property?

This property features: Infill warehouse just south of downtown Minneapolis; Easy access to Hiawatha Ave; Approved for cannabis use