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Retail Suite with Window Frontage
For Lease
$1,500/Mo

5417 Nicollet Ave, Minneapolis, MN 55419

An open-plan storefront includes a sink, shared tenant parking, and access to shared bathrooms.

Space Size800 SF
Days on Market28

Property Features for 5417 Nicollet Ave

General Information

Standard status Active
Size 800 SF
Net Rentable 800 SF

Space & Availability

Available Space 800 SF
Contiguous Space 800 SF
Floor Ground, Basement
Space Use Retail

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $77,438

Amenities

open floor plan
sink
shared bathrooms
ample parking
public transportation

Building Details

Tenancy Multi
Listing Agency: National Realty Guild
Listed By: Aide Salgado Diaz
Source: Exprealty
Added: Sep 8 Changed: Oct 1 Last Checked: Oct 4 at 5:09PM

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 National Realty Guild

Investment Insights

Based on property information with market context.

This retail suite offers 400 square feet of window-front space and an unfinished basement, bringing the total area to 800 square feet. The open layout includes an in-unit sink; bathrooms are shared with the neighboring tenant. Parking is shared among the building’s tenants.

The space is on Nicollet Avenue in Minneapolis’s Tangletown neighborhood, near Highway 35th W. Public transportation options are available nearby, and the surrounding commercial area includes a gym and restaurants, including Wise Acre and St Paul Bagelry.

Key Highlights

  • 400 square feet of window‑front retail space; unfinished basement brings total area to 800 square feet
  • Open floor plan with an in‑unit sink
  • Shared bathrooms with the tenant next door

Property Analytics

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Current Use

Hwa Rang Do ... Training Center taejunsa Training Center

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Accounting Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Dining 23% Home Improvements & Furnishings 11%
Holiday Station Store Shops & Services
22,372 visits/mo 0.1 miles
Starbucks Dining
9,433 visits/mo 0.5 miles
Diamond Lake Hardware Home Improvements & Furnishings
4,282 visits/mo 0.1 miles
AutoZone Shops & Services
3,649 visits/mo 0.5 miles
Caliber Collision Shops & Services
770 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Minneapolis, MN

$15.8 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
7,318 SF
Avg Space Size

This space is priced 42% 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - An open-plan storefront includes a sink, shared tenant parking, and access to shared bathrooms.
Where is this retail space located?
The property is located at 5417 Nicollet Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 400 square feet of window‑front retail space; unfinished basement brings total area to 800 square feet; Open floor plan with an in‑unit sink; Shared bathrooms with the tenant next door
More about this property
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