1125 Lagoon Ave, Minneapolis, MN 55408
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.
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Cheba Hut Toasted Subs Take-out & Catering
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The Asher Apartment Complex Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.