Retail and Office Space For Lease In the Heart of Stadium Village!

718-720 Washington Avenue SE Minneapolis, MN 55414

718-720 Washington Avenue SE, Minneapolis, MN, 55414
718-720 Washington Avenue SE, Minneapolis, MN, 55414
Property Type:
Mixed Use
Last Verified:
Jun 05, 2023

Retail and Office Space For Lease In the Heart of Stadium Village!

Highly desirable retail and office space available in Stadium Village, located in the heart of the University of Minnesota campus. Walking distance to student housing, TCF Bank Stadium, Mariucci Arena, and the Light rail.

Highlights and Features:
Elevators, lunchroom, shared bathrooms
Ceiling height: 11' 8" to the deck
Hard corner with a lighted intersection
Walk/Bike Score: 89/97
Commercial Location Score: 707
Co-tenants: US Bank, Bruegger's, Afro Deli, Lao Sze Chuan, Paradigm Copies
Area Tenants: Caribou, Walgreens, Chipotle, Punch Pizza, CVS, Starbucks, Graduate Minneapolis, Applebee's, Stub and Herbs, Jimmy John's, Domino's, Sidewalk Kitchen, Raising Cane's, Burger King, European Wax Center

Demographics and Traffic Counts:
Average Household Population: 1 mile - 16,811, 3 miles - 114,418 and 5 miles - 309,173
Average Household Income: 1 mile - $35,482, 3 miles - $51,822 and 5 miles - $57,285
Traffic Count: Washington St SE - 3,750 vpd, Oak St SE - 8,000 vpd and University Ave SE - 12,000 vpd

Space Available:
Street Level Retail Space: 1,470 sf
Lower Level Office Space: 17,800 sf (prior call and training center)

CAM/Tax: $10.00 psf
Lease Rate: Negotiable

Map of 718-720 Washington Avenue SE, Minneapolis, MN, 55414

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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.