Property profile

1125 Lagoon Ave Minneapolis, MN 55408

OFF-MARKET
Retail properties & Spaces
170,000 SF Built 2020
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Property summary

AI-generated overview

The Asher offers exceptional retail space within a vibrant Uptown Minneapolis location. This Class A, seven-story building, constructed in 2020, boasts 170,000 square feet and is situated directly beneath 175 brand new apartments, ensuring a built-in customer base. Currently, one retail space is available, ranging from 1,500 to 3,164 square feet, offering flexibility for various businesses. The space is delivered in shell condition, allowing for complete customization to suit individual tenant needs and branding. This prime location provides unparalleled access to a thriving community, with proximity to Lake Calhoun, Bde Maka Ska, and major transportation arteries like Interstates 94 and 35W. Street parking is available for customers and employees. The property is located in Hennepin County, and the cross street is Dupont Ave S. This presents a unique opportunity for businesses seeking a high-visibility location within a rapidly growing area, with a competitive lease rate designed to attract businesses quickly. The building's modern design and convenient amenities create an ideal environment for both businesses and their customers. This is a rare chance to establish a presence in a sought-after Uptown Minneapolis location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2020
Total area 170,000 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
  • Take-out & Catering
  • Apartment Complex Apartment Building

Location

1125 Lagoon Ave Minneapolis, MN 55408
Minneapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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