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    600 5Th St Minneapolis, MN 55415

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Retail Space, Two Suites Available

    Lot size:
    87,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Sora, a Class A, seven-story building (87,000 total square feet) in Minneapolis' vibrant downtown, offers two exceptional retail spaces ideal for a variety of uses, including coffee shops, bakeries, or soft goods retailers. Built in 2020, this modern building boasts a coveted location within the renowned Downtown Minneapolis Skyways system, providing unparalleled pedestrian access and visibility. The available suites range from 1,271 to 1,637 square feet, offering flexibility for businesses of varying sizes. The property's strategic position places it within a short distance of major attractions such as US Bank Stadium, Target Center, and The Armory, ensuring high foot traffic and exposure to a diverse customer base. Furthermore, its proximity to highways 94 and 35W provides convenient access for both employees and customers. The building features convenient street and ramp parking, and elevators are available for easy access to all floors. This is a rare opportunity to secure a prime retail space in one of Minneapolis' most desirable locations within Hennepin County, offering a blend of accessibility, visibility, and modern amenities. The building consists of one structure with a total of two suites. The property is located at 600 S 5th St, Minneapolis, MN 55415.

    Property Features for 600 5Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,000 SF
    Class
    A
    Total Rate
    108750

    Building Details

    Year Built
    2020
    Buildings
    1
    Stories
    7

    Unit(s) available at that property

    Space
    Suite 2
    Size
    1,637 SF
    Rate per SF
    $15
    Space
    Suite 1
    Size
    1,271 SF
    Rate per SF
    $15

    HighLights

    • Class A, seven‑story building (87,000 SF) in downtown Minneapolis.
    • Two exceptional retail spaces (1,271 - 1,637 SF) ideal for coffee shops, bakeries, or soft goods retailers.
    • Located within the Minneapolis Skyway system, offering high pedestrian traffic and visibility.
    • Prime location near US Bank Stadium, Target Center, and The Armory, ensuring high foot traffic.
    • Convenient access to Highways 94 and 35W, plus street and ramp parking and elevators.
    • Address: 600 S 5th St, Minneapolis, MN 55415.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sonder at The Palmer Apartment Building The Palmer Apartment Complex Apartment Apartment Building

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2623705
    Latitude
    44.9753021

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, Two Suites Available
    Where is this restaurant located?
    The property is located at 600 5Th St Minneapolis, MN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Class A, seven-story building (87,000 SF) in downtown Minneapolis.; Two exceptional retail spaces (1,271 - 1,637 SF) ideal for coffee shops, bakeries, or soft goods retailers.; Located within the Minneapolis Skyway system, offering high pedestrian traffic and visibility.
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    600 5Th St Minneapolis, MN 55415
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    Minneapolis, MN 55415
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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
    600 5Th St Minneapolis, MN 55415
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