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    2703 Winnetka Ave Minneapolis, MN 55427

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    For Lease
    Contact for pricing

    Prime Retail Space, Minneapolis, MN

    Lot size:
    50,830 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Midland Shopping Center, a 50,830 square foot retail strip center, presents a compelling investment opportunity in Minneapolis, Minnesota. Located at 2703 Winnetka Ave N, zip code 55427, this well-established center boasts 474 parking spaces and sits on a generous 7.8-acre lot. Currently, there are two available spaces ranging from 1,000 to 1,810 square feet, totaling 1,810 square feet of vacant space. The center is situated in a thriving commercial area with convenient access to major transportation routes, ensuring high visibility and accessibility for businesses. Its existing tenant mix creates a strong synergy and draws significant foot traffic. This property offers a unique chance to establish a presence in a bustling Minneapolis neighborhood, benefiting from the established commercial activity and convenient location. The property's size and ample parking provide significant advantages for potential tenants seeking a prominent retail space. The available spaces are ideal for a variety of retail uses, offering flexibility for prospective businesses. This is a rare opportunity to secure retail space in a high-traffic, well-established commercial area of Minneapolis.

    Property Features for 2703 Winnetka Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,830 SF

    Unit(s) available at that property

    Space
    Bay 8
    Size
    0 SF
    Space
    Bay 8
    Size
    1,810 SF

    HighLights

    • 1,810 SF of retail space available.
    • 50,830 SF neighborhood retail center.
    • Located in New Hope's established commercial hub with easy access to major roadways.
    • 11,200 vehicles per day (VPD) on Winnetka Ave.
    • 13,100 VPD on Medicine Lake Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.381441
    Latitude
    45.008417

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, Minneapolis, MN
    Where is this neighborhood center located?
    The property is located at 2703 Winnetka Ave Minneapolis, MN.
    What are key features of this property?
    This property features: 1,810 SF of retail space available.; 50,830 SF neighborhood retail center.; Located in New Hope's established commercial hub with easy access to major roadways.
    Request Owner's contact information
    2703 Winnetka Ave Minneapolis, MN 55427
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    Minneapolis, MN 55427
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2703 Winnetka Ave Minneapolis, MN 55427
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