Office/Retail Space For Lease On Marquette Avenue

921-933 Marquette Avenue Minneapolis, MN 55402

921-933 Marquette Avenue, Minneapolis, MN, 55402
921-933 Marquette Avenue, Minneapolis, MN, 55402
Property Type:
Flex Space
Please Call Broker for Price

Cap Rate:
Last Verified:
Apr 18, 2023

Office/Retail Space For Lease 921-933 Marquette Avenue is a fantastic Minneapolis Downtown West located on the prominent corner of Marquette Avenue and 10th Street S at the Mar-Ten Parking Garage. It has great visibility and is surrounded by abundant Downtown West area amenities. With a bright and open floor plan, high ceilings and large windows, these features make it a great location for tenants looking for a Downtown office or flexible, creative retail space. Bring your ideas and make it your own! Highlights and Features: • Located in the Central Business District • High visibility • High traffic counts • Strong daytime population - more than 183,000 employees within blocks and 43,000 downtown residents • Access to light rail services • Parking ramp: 465 spaces • Co-tenant: Mar-Ten Ramp, Enterprise Rent-A-Car • Close by venues include The Orpheum, Target Field, Target Center, US Bank Stadium, The Guthrie, Walker Art Center, and Orchestra Hall • Area tenants include Centre Village Condominiums, Hyatt Place Downtown, Hilton Hotel, Manny’s Steakhouse, Hen House Eatery, IDS Center, 801 Chophouse, 8th Street Grill, Hell’s Kitchen, Target, WCCO, Chipotle, Minnesota Orchestra and more Demographics and Traffic Counts: • Average Household Population: 1 mile - 2,167, 3 miles - 21,047, 5 miles - 182,028 • Average Household Income: 1 mile - $48,444, 3 miles - $50,040, 5 miles - $59,994 • Marquette Avenue - 7,200 vpd, 10th Street South - 13,000 vpd, 9th Street South - 10,000 vpd, 7th Street South - 11,300 vpd, 5th S Avenue - 9,900 vpd Space Available: • 112th S 10th St: 515 sf (includes 1 office, meeting room, kitchen and foyer) • 200 S 10th St: 3,564 sf (includes reception, 6 offices, 2 bathrooms, 6 rooms, 1 storage, 1 electrical room) • 923 S 10th St: 1,549 sf (includes foyer, living room, 4 rooms, 1 bathroom) • 933 S 10th St: 5,177 sf (includes, 12 rooms, 1 workspace, 2 bathrooms) • Lease Rate: $13.00 psf Gross

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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.