2nd Floor Office Space For Lease!

790 Cleveland Avenue S St. Paul, MN 55116

790 Cleveland Avenue S, St. Paul, MN, 55116
790 Cleveland Avenue S, St. Paul, MN, 55116
Property Type:
Strip Center
Cap Rate:
Last Verified:
Mar 11, 2024

2nd Floor Office Space For Lease Highlights and Features: • Second floor office space • High visibility at a controlled intersection • Great mix of strong tenants • Less than .5 mile from Highland Bridge project • Parking: 250 spaces • Area consists of 9,000 full and part-time students • Home to Fortune 500 companies • Area tenants: Agra Culture, Alchemy 365, Banfield Pet Clinic, Bank of America, Chipotle, Core Power Yoga, Highland Bank, Lifetime Fitness, Lunds, Noodles & Company, Panera Bread, Para Salon, Patina, Punch Pizza, R. F. Moeller, Starbucks, Stefanies, Talbots, Target Express, US Bank, Walgreens Demographics and Traffic Counts: • Average Household Population: 1 mile - 17,241, 3 miles - 119,358 and 5 miles - 332,305 • Average Household Income: 1 mile - $91,534, 3 miles - $73,225 and 5 miles - $64,952 • Daytime Business Population: 1 mile - 7,321, 3 miles - 71,312 and 5 miles - 346,987 • Ford Parkway: 12,200 vpd and Cleveland Avenue: 12,100 vpd Space Available: • Suite 220: 1,718 sf | Rate: $20.00 psf • 2024 CAM: $5.99 psf and Tax: $4.97 psf

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Map of 790 Cleveland Avenue S, St. Paul, MN, 55116

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.