651 Nicollet Mall, Minneapolis, MN 55402 - Property for Lease
Available For Rent - Retail
484,993 SF
View Photos (1)
LISTED BY
Lisa Christianson
Christianson & Company Commercial Real Estate Services/CORFAC International,
952-393-1212
AVAILABILITY DETAILS
- Size
- 484,993 SF
- Space/Suite
- Entire Property
- Asking Rent Type
- N/A -
Contact for Info - Rent/SF/Month
- N/A -
Contact for Info
- Listing ID
- LA551469
- Notes
- Minneapolis is home to an expansive skyway system that is 11 miles long and connects various downtown buildings within a full 80-city block area. It is known to be one of the largest indoor systems in the world. Several condominium and apartment complexes are skyway-connected as well, allowing residents to live, work, and shop downtown without having to leave the skyway system.
Gaviidae is within walking distance of the city’s most prominent sports, art, dining, and entertainment venues, most notably The Orpheum, Target Field, Target Center, US Bank Stadium, The Guthrie, Walker Art Center, and Orchestra Hall.
Located on Nicollet Mall, Nicollet Mall plays a vital role in Minneapolis’ competitive edge as a place where people want to live. Its renovation was central to the Minneapolis downtown council’s intersections: The downtown 2025 Plan and a vision for downtown as a more inviting place for families, workers, and tourists to live, work, play, and visit. The redesigned Nicollet Mall is expected to inject $105 million in new revenue, add nearly 3,000 jobs downtown, and increase property values in the area by $57 million. As such, Nicollet Mall is more than just a street – it is the outside world’s window onto the state and the region, and the place where business owners and investors get their first impression of Minnesota’s potential for growth.
Nicollet Mall has long been downtown’s core shopping and entertainment artery. Its comprehensive remodel has enhanced the experience for visitors, workers, and the area’s growing residential population. With motor vehicles restricted to buses and taxis, this mile-long, go-to pedestrian oasis is lined by bar and restaurant sidewalk seating, art, bountiful greenery, and many shopping options.
Highlights and Features:
Located with frontage on Nicollet Mall
Skyway connected to Wells Fargo Tower, IDS Center, City Centre and RBC Plaza
Current retailers include: YMCA, Bruegger’s Bagels, Planet Smoothie, Freshii, Fixology, Cocoa & Fig, and Lontis Day Spa & Salon
Demographics and Traffic Counts:
Population: 1 mile - 34,759, 3 miles - 246,897 and 5 miles - 472,989
Daytime Population: 1 mile - 171,402, 3 miles - 343,250 and 5 miles - 480,948
Median HH Income: 1 mile - $51,428, 3 miles - $40,200 and 5 miles - $53,175
Average HH Income: 1 mile - $84,783, 3 miles - $66,598 and 5 miles - $79,882
Median Age: 1 mile - 34.1 yrs, 3 miles - 29.7 yrs and 5 miles - 33.1 yrs
Traffic Counts: S 6th Street - 16,838 vpd and Nicollet Mall - Bus and pedestrian traffic only
Street Level Space Available:
Suite 107: 1,407 sf
Suite 119: 1,015 sf
Suite 125: 2,197 sf
Suite 130: 780 sf
2024 CAM: $11.30 psf and Tax: $4.37 psf
Lease Rate: $20.00 psf
Skyway Level Space Available:
Suite 201: 700 sf
Suite 202: 702 sf
Suite 203: 702 sf
Suite 204: 921 sf
Suite 201, 202, 203 and 204 contig to 3,025 sf
Suite 209: 797 sf
Suite 213: 488 sf
Suite 221: 2,000 sf
Suite 227: 1,352 sf
Suite 221 and Suite 227 contig to 3,352 sf
Behind Suite 221: 1,806 sf
2024 CAM: $11.30 psf and Tax: $4.37 psf
Lease Rate: $35.00 psf
First Floor: 8,576 sf
Second Floor: 9,217 sf
First Floor and Second Floor contiguous to 17,793 sf
- Uses
- Retail
Other Availability in this Property
| Space/Suite | Square Feet | Type | Uses | Asking Rent/Price | ||
|---|---|---|---|---|---|---|
| 107 | 1,407 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 119 | 1,015 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 125 | 2,197 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 130 | 780 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 135 | 3,463 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 201 | 700 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 202 | 702 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 203 | 702 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 204 | 921 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 209 | 797 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 213 | 488 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 221 | 2,000 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| 227 | 1,352 SF | Lease | Retail | Show Pricing $ | chevron_right | |
| Behind 221 | 1,806 SF | Lease | Retail | Show Pricing $ | chevron_right |
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
Lisa Christianson, Christianson & Company Commercial Real Estate Services/CORFAC International
BRE# 20313253
Lisa Christianson, Christianson & Company Commercial Real Estate Services/CORFAC International
BRE# 20313253
