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    OFF-MARKET
    Retail properties & Spaces

    1125 Lagoon Ave, Minneapolis, MN 55408

    170,000 SF Built 2020
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cheba Hut Toasted Subs Take-out & Catering
    • The Asher Apartment Complex Apartment Building
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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