329 SF to 2,153 SF Office Space For Lease

310 East 38th Street Minneapolis, MN 55409

310 East 38th Street, Minneapolis, MN, 55409
310 East 38th Street, Minneapolis, MN, 55409
FOR LEASE
Property Type:
Multi Tenant Office
Cap Rate:
0.00%
Last Verified:
May 20, 2024
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329 SF to 2,153 SF Office Space For Lease Highlights and Features: A community landmark Great space with fabulous amenities Ideal for non-profits The building offers a variety of suite sizes, including private offices 470-seat auditorium Two gymnasiums Several meeting rooms available for tenant use included with rent Banquet facility Exercise room and dance studio Ample free parking Outdoor playground Flexible lease terms Demographics and Traffic Counts: Average Household Population: 1 mile - 21,884, 3 miles - 151,885 and 5 miles - 322,263 Average Household Income: 1 mile - $57,923, 3 miles - $67,383 and 5 miles - $71,765 38th St East - 4,700 vpd and 35W - 161,000 vpd Space Available: 290 sf to 2,153 sf Lease Rates: $21.00 psf to $22.00 psf Gross

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Map of 310 East 38th Street, Minneapolis, MN, 55409

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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.