4252 Nicollet Ave, Minneapolis, MN 55409

This exceptional 1,100 square foot retail storefront, located at 4252 Nicollet Avenue in Minneapolis, MN 55409, presents a unique opportunity. Situated in the vibrant Kingfield neighborhood at the highly visible 42nd and Nicollet intersection, this property boasts a brand-new exterior, including a striking brick facade and storefront, completed in 2023. The space, available for lease for the first time since the 1960s, benefits from a recently renovated (2023) TPO roof. The property includes a 1,100 square foot finished main level and an additional 1,100 square feet of unfinished basement space, offering significant potential for expansion or storage. This is the last available suite in a building with strong neighboring tenants, including a diverse mix of restaurants, cafes, offices, and other retail businesses. The property is zoned CM3. A tenant improvement allowance may be available, or the landlord may be willing to contribute to improvements such as a new restroom, HVAC, and electrical upgrades. The lease is a NNN lease with a reduced base rent of $25 per square foot annually, charged only on the main level (basement is free), resulting in a base rent of $2,291 per month. Operating expenses and CAM charges total $653 per month ($134 for insurance and $519 for property taxes). The total gross monthly rent is $2,944, plus tenant-paid utilities. One parking space is available on-site. The building was constructed in 1907 and features one story. The property's APN is 1002824310250.