Property profile

950 Nicollet Mall Minneapolis, MN 55403

OFF-MARKET
Retail properties & Spaces
778 SF
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Property summary

AI-generated overview

This exceptional 778-square-foot medical office space is ideally situated at 950 Nicollet Mall in Minneapolis, Minnesota, within the vibrant heart of the Central Business District. The property boasts a prime "Main and Main" location on Nicollet Mall, between 9th and 10th Streets, offering unparalleled visibility and accessibility. Currently, the entire 778 square feet is available for lease, presenting a unique opportunity for a medical practice seeking a high-profile location. The building is classified as both retail and office space, with a commercial subtype specifically designated as medical office. Multiple tenancies are possible within the building. The property's strategic location provides convenient pedestrian access to the city's skyway system via four entrances located on LaSalle Avenue, 10th Street, Nicollet Avenue, and 9th Street, ensuring seamless connectivity for patients and staff. Located in Hennepin County, with a zip code of 55403, this property offers a blend of convenience, prestige, and high foot traffic, making it an exceptional opportunity for a medical practice seeking to establish or expand its presence in a thriving urban environment. The property is fully vacant and ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 778 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Community Center
  • Nail Salon
  • Hair Salon

Location

950 Nicollet Mall Minneapolis, MN 55403
Minneapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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