Available For Sale - Retail

12,336 SF | Show Pricing $

LISTED BY

Brian Brisky
Brisky Net Lease,

AVAILABILITY DETAILS

Size
12,336 SF
Price/SF
Show Pricing $
Listing ID
SA555195
Notes
Prime North Loop Location:

The property is located in the highly desirable North Loop, one of the most in-demand neighborhoods in Minneapolis. Inbound BrewCo is within walking distance to Target Field (0.2 miles) and is close to many other attractions in downtown Minneapolis.



Absolute NNN Lease:

This property features an absolute NNN lease with zero landlord responsibilities, over 10 years remaining on the lease term, and annual rent bumps.



Upgraded Building:

The building was remodeled in 2016, including numerous upgrades and replacements to the building structure. Improvements included the roof, windows, doors, HVAC units as well as upgrades to the utilities, sprinkler system, and security/fire system. The floors, patio space, and exterior paint were also updated.



Solid Demographics and Growing Population:

The area within a 5-mile radius of the property boasts a population of over 488,000, with an impressive 1-mile average household income exceeding $130,000.



Market Strength & Below Market Rent:

With a market vacancy rate of just 2.6%, one of the lowest among the 50 largest retail markets in the U.S. according to CoStar, the area offers exceptional market stability and investment potential. In addition, the tenant is currently paying below-market rent.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brian Brisky, Brisky Net Lease
BRE# 40546562