Minneapolis - Minneapolis, MN Medical Office Commercial Real Estate
6 results
Address
$/month
Size
950 Nicollet Mall, Suite 220
950 Nicollet Mall
Downtown West, Minneapolis, MN
Move In Ready Medical/Ortho Space For Sublease
950 Nicollet Mall lies in the heart of activity in the dynamic Minneapolis Central Business District, with an iconic “Main and Main” location along the coveted Nicollet Mall between 9th and 10th Street. Pedestrian access to the skyway level is provided by four skyways via midblock entrances along LaSalle Avenue, 10th Street, Nicollet Avenue, and 9th Street.
Highlights and Features:
Located in the heart of the Downtown Core with the heaviest traffic pedestrian counts on the Nicollet Mall
Blocks from Target Field, Target Center, US Bank Stadium, and the Hennepin Theater District
Popular area restaurants include Oceanaire, Manny’s Steakhouse, The Local, Zelo, The News Room, Brit’s Pub, Barrio
265,971 employees within 2 miles
Walkability score: 98
Transit score: 95
Bike score: 92
Traffic Generators:
Target Field: 39,504 capacity, 81 home Twins games
Light Rail: 19 stops, 10 million rides, 30,500 average rides per weekday
Target Center: Averages 225 event days per year
Nicollet Mall: Heaviest pedestrian traffic counts
MN Orchestra: 70 events per year
Skyway Connects: 80 blocks, 1,000 businesses, 200,000 pedestrians/day
Hennepin Theatre Trust: 3 theatres, 5,729 seats, 230 event days per year
Upscale Hotels: 8 within walking distance, 4,100 rooms
US Bank Stadium: 73,000 capacity
Demographics and Traffic Counts:
Total Residential Population: 1/2 mile - 9,941, 1 mile - 39,874, 2 miles - 137,942
Total Business: 1/2 mile - 3,357, 1 mile - 5,530, 2 miles - 9,436
Total Employees: 1/2 mile - 121,627, 1 mile - 166,374, 2 miles - 265,971
Traffic Counts: 7,400 vpd - 8th Street, 9,300 vpd - 9th Street
For Sublease:
Suite 220: 778 sf
Lease Rate: Negotiable
Sublease expires 10/31/2025
More info
778 SF
Robbinsdale Town Center
4080 W Broadway Ave
Minneapolis, MN
UNDER CONTRACT
VALUE ADD OPPORTUNITY
Property NOI will grow by $75,733 after the first year (9.2% Year 2 cap rate on asking price) with additional value add due to below-market rents and 10% vacancy.
BELOW REPLACEMENT COST INVESTMENT
Pricing at $99 PSF, an infill location and underground parking, offers a very low basis with high going-in yields in an up and coming submarket.
FRONTAGE ALONG BOTH BOTTINEAU & BROADWAY
Only property in Downtown Robbinsdale with frontage along both Bottineauand Broadway (Main Street). Rare opportunity to own a large central site of 3.9 acres (two thirds of an entired city block) in a rapidly growing suburban downtown only minutes from Minneapolis.
OPPORTUNITY ZONE
Located in an Opportunity Zone as part of the Federal Tax Incentive Program, allowing investors to defer capital gains and reduce tax payments for qualified investments going into these communities, creating higher post-tax returns for long term value-add buyers.
FUTURE LIGHT RAIL LOCATION
Bottineau Line (Blue Line Extension) is planned to pass just one block behind the property, connecting downtown Minneapolis to Robbinsdale and other northwest suburbs. Expected to open 2024.
NEW DEVELOPMENT
Downtown Robbinsdale is transforming with new development:
• Hy-Vee Grocery Store (2018)
• Birdtown Flats 152-Unit Market Rate Apartment (2019)
• 36th & France 197-Unit Market Rate Apartment (2020)
More info
More info
910 East 26th Street
910 E 26th St
Midtown Phillips, Minneapolis, MN
More info
More info
2800 Chicago Avenue South
2800 Chicago Ave
Phillips West, Minneapolis, MN
More info
More info
920 East 28th Street
920 E 28th St
Midtown Phillips, Minneapolis, MN
More info
More info
129 Plymouth Avenue North
North Loop, Minneapolis, MN
More info
More info
No results found
Try zooming out to search a larger region or try broadening your limits on size, price, etc.
Market Stats
Minneapolis has 1,051 commercial real estate spaces for lease, representing 14,908,127 sqft space.
114 buildings are available for sale.
In the past 30 days, Minneapolis has had 112 spaces leased and 3 new spaces come on market.
Markets around Minneapolis - Minneapolis, MN
Regions around Minneapolis - Minneapolis, MN
Search Specific Use Types
Office Space | For Lease | For Sale |
Retail Space | For Lease | For Sale |
Industrial Space | For Lease | For Sale |
Medical Office | For Lease | For Sale |
Coworking Space | ||
Executive Suite |
All Content © 2024 OfficeSpace.com, All Rights Reserved.
Terms of Use
&
Privacy Policy
This site is protected by reCAPTCHA and the Google
Privacy Policy
and
Terms of Service
apply.
Need Help?
Tell us about your space needs.
OfficeSpace.com
Tell us about your space requirements.
We're here to help!