Listing Agency: CBRE - Minnesota t***@cbre.com Show Phone

Listed By: Tom Bennett Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 8 Last Checked: Aug 19 at 7:12AM

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Investment Insights

Based on property information with market context.

This industrial space is located in the Minneapolis submarket. The building, with a total area of 23,743 square feet, has been used as a single tenant property. It is centrally located and is a 15-minute drive to MSP Airport.

Key Highlights

• Centrally Located Building
• 23,743 SF Total Building Size
• Located in the Minneapolis Submarket

Property Analytics

Property Profile

Current Use

Minneapolis & Suburban Bus ... Logistics Company

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Big Box & Wholesale Store Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

539

Businesses Nearby

Explore this area Business Placement

Demographics for 55419, MN

27,919

Population

12,119

Households

2.3

Avg Household Size

39

Median Age

72%

College-Educated

97%

High-School Grad

4.2 sq mi

ZIP Area

6,647

Density / Sq Mi

$143,254

Median Household Income

$77,467

Median Earnings

$1,476

Median Rent

$479,000

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

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Frequently Asked Questions

What type of property is this?

Industrial property - 23,743 SF industrial building in Minneapolis submarket.

Where is this industrial property located?

The property is located at 322 West 59 1/2 Street Minneapolis, MN.

What are key features of this property?

This property features: Centrally Located Building; 23,743 SF Total Building Size; Located in the Minneapolis Submarket