Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    700 4Th St Minneapolis, MN 55415
    Back to Search
    Property profile & analytics

    700 4Th St Minneapolis, MN 55415

    View on Map
    • Retail properties & Spaces
    • 1,345 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Blink Charging Station / Electric Vehicle Charging Station
    • 4th and Park / Apartment Building / Apartment Complex

    Property Details for 700 4Th St

    Property size
    1,345 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail space, located at 700 S 4th St in Minneapolis, MN, 55415, offers a unique opportunity for a single tenant. Situated in the vibrant heart of the city, this property boasts 1,345 square feet of immediately available space within the 25-story 4th and Park Tower. The building features ample parking with 100 spaces available for tenants and customers. The property sits on a generous 4.2-acre lot, providing excellent visibility and accessibility. The property is classified as Commercial Retail and is perfect for a variety of businesses seeking a high-traffic location. The entire space is vacant, allowing for complete customization to suit a tenant's specific needs. Its Hennepin County location offers easy access to major transportation routes and a thriving urban environment. This is a single-tenant occupancy property, ensuring exclusive use of the space. The building's impressive size and prominent location offer significant potential for brand visibility and customer engagement. Don't miss this chance to secure a prime retail space in a dynamic Minneapolis location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2593
    Latitude
    44.9761

    Comparable in this City

    • Value Estimation by Request
      12,356 SF

      550-600 4Th St

      Restaurants • 12,356 SF
      550-600 4Th St, Minneapolis, MN 55415
      View Details
    • Value Estimation by Request
      87,000 SF

      600 5Th St

      Restaurants • 87,000 SF
      600 5Th St, Minneapolis, MN 55415
      View Details
    • Value Estimation by Request
      0.79 Acres

      901 2nd Stp135

      COMMERCIAL (GENERAL) • 0.79 Acres
      901 2nd Stp135, Minneapolis, MN 55415-1289
      View Details
    • Value Estimation by Request
      0.79 Acres

      901 2nd Stp138

      COMMERCIAL (GENERAL) • 0.79 Acres
      901 2nd Stp138, Minneapolis, MN 55415-1289
      View Details
    • Value Estimation by Request
      2.06 Acres

      200 11th Ave Sp1-094

      COMMERCIAL (GENERAL) • 2.06 Acres
      200 11th Ave Sp1-094, Minneapolis, MN 55415
      View Details
    • Value Estimation by Request
      2.06 Acres

      200 11th Ave Sp1-147

      COMMERCIAL (GENERAL) • 2.06 Acres
      200 11th Ave Sp1-147, Minneapolis, MN 55415
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,821 SF

      Minneapolis Medical Office Building

      7,821 SF NNN Lease, 100% Occupied
      901 2Nd St, Minneapolis, MN 55415
      View Details
    • Contact for pricing
      20,000 SF

      Industrial Property in Minneapolis

      20,000 square foot industrial property available for sale.
      1113-1125 Washington Ave S, Minneapolis, MN 55415
      View Details
    • $4,500,000
      1.44 Acres

      Iconic Waterfront Restaurant Opportunity

      Premier restaurant and bar with Mississippi River waterfront real estate.
      1900 Marshall St NE, Minneapolis, MN 55415
      View Details
    • $450,000

      Downtown Office Investment Opportunity

      Office condo with tenant income and owner occupant potential.
      215 10Th Ave S, Minneapolis, MN 55415
      View Details
    • Contact for pricing

      Downtown Land with Skyway Access

      Land with skyway access, near transit and entertainment venues.
      318-328 S 3Rd St, Minneapolis, MN 55415
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,609 SF

      Prime Restaurant Space in Minneapolis

      Restaurant space in luxury condominium tower with river views.
      1111 W River Pkwy, Minneapolis, MN 55415
      View Details
    • Contact for pricing

      Garden Level Commercial Space Available

      8,457 SF garden level space for office, retail, storage.
      233 Park Ave, Minneapolis, MN 55415
      View Details
    • Contact for pricing
      5,500 SF

      Prime Restaurant Space Available

      5,500 RSF restaurant space for lease on first floor.
      250 Portland Ave, Minneapolis, MN 55415
      View Details
    • Contact for pricing
      1,821 SF

      Retail Space on Washington Avenue

      1,821 SF retail space available now on Washington Avenue.
      501-511 S Washington Ave, Minneapolis, MN 55415
      View Details
    • Contact for pricing

      Retail Space For Lease

      Street-level retail space available for lease.
      700 S 4Th St, Minneapolis, MN 55415
      View Details
    • Contact for pricing
      2,473 SF

      Mixed-Use Property Retail Spaces Available

      Retail spaces available in luxury mixed-use property with high visibility.
      600-640 S 4Th St, Minneapolis, MN 55415
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 4Th St
    Minneapolis, MN 55415
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    700 4Th St, Minneapolis, MN, 55415
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!