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Window-Front Retail Space
New
For Lease
$1,500/Mo

5417 Nicollet Avenue, Minneapolis, MN 55419

Open-plan commercial unit with basement area, shared parking, and an in-suite sink.

Space Size800 SF
Days on Market5

Property Features for 5417 Nicollet Avenue

General Information

Standard status Active
Size 800 SF
Net Rentable 800 SF

Space & Availability

Available Space 800 SF
Contiguous Space 800 SF
Space Use Retail

Taxes and HOA fees

Annual Taxes $77,438

Amenities

open floor plan
sink
shared bathrooms
ample parking
close to Highway 35th W
public transportation options

Building Details

Tenancy Multi
Listing Agency: National Realty Guild
Listed By: Aide Salgado Diaz
Source: Exprealty
Added: Sep 8 Changed: Sep 12 Last Checked: Sep 12 at 2:55PM

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 unit offers an open layout with 400 square feet of window-front space and an unfinished basement, bringing the total area to 800 square feet. The premises include an in-unit sink, while restroom access is shared with the neighboring tenant. Shared parking serves the building.

The property is positioned on Nicollet Avenue in Minneapolis’s Tangletown neighborhood, near Highway 35th W. A gym and restaurants including Wise Acre and St Paul Bagelry are located next door. Public transportation options are also available in the surrounding area.

Key Highlights

  • 800 square feet total, including 400 square feet of window‑front space
  • Unfinished basement included with the retail unit
  • Open floor plan with an in‑unit sink

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
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

$17.99 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
6,398 SF
Avg Space Size

This space is priced 25% above the average of $17.99 /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 - Open-plan commercial unit with basement area, shared parking, and an in-suite sink.
Where is this retail space located?
The property is located at 5417 Nicollet Avenue Minneapolis, MN.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 800 square feet total, including 400 square feet of window‑front space; Unfinished basement included with the retail unit; Open floor plan with an in‑unit sink
More about this property
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