Space For Lease On 50th and France In Edina!

5007 France Avenue S Edina, MN 55410

5007 France Avenue S, Edina, MN, 55410
5007 France Avenue S, Edina, MN, 55410
FOR LEASE
Property Type:
Multi Tenant Office
Cap Rate:
0.00%
Last Verified:
Sep 12, 2023

Space For Lease On 50th and France In Edina! Area Highlights and Features: • Busy corner of 50th & France Avenue • Convenient location with a great mix of specialty retailers and office users • Public parking ramps and street parking • The common area has skylights and security cameras • Co-tenants: Laura Rae Photography and Farmers Insurance • Area tenants: Oh Baby, Ispiri, D'Amico & Sons, Talbots, Starbucks, Salut Bar Americain, Cocina Del Barrio, Edina Grill, Arezzo Ristorante, Arthur Murray Dance Studio Demographics and Traffic Counts: • Average Population: 1 mile - 17,891, 3 miles - 138,052 and 5 miles - 391,476 • Average Household Income: 1 mile - $205,489, 3 miles - $138,403 and 5 miles - $109,974 • Traffic Counts: France Avenue - 11,300 vpd and W 50th St - 11,500 vpd Space Available: • Suite 1: 765 sf (available 1/1/24) • Lease Rate: Negotiable

Map of 5007 France Avenue S, Edina, MN, 55410

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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.