Retail Freestanding Building and Endcap Space For Lease

7625 Jolly Ln Jolly Lane Brooklyn Park, MN 55428

7625 Jolly Ln Jolly Lane , Brooklyn Park, MN, 55428
7625 Jolly Ln Jolly Lane , Brooklyn Park, MN, 55428
Property Type:
Neighborhood Center
Please Call Broker for Price

Cap Rate:
Last Verified:
Apr 02, 2024

Retail Freestanding Building and Endcap Space For Lease Highlights and Features: Convenient access to I-694, Hwy 81, Bottineau Blvd, 610, 169, Brooklyn Blvd and Broadway Avenue End cap space faces Brooklyn Blvd Signage available Parking: 165 spaces Near Hennepin Tech College and North Hennepin Community College Co-tenants: Chipotle, Caribou, Jimmy Johns, Team Personnel, IAU Dental, Hook Fish & Chips, Panda Express, and GameStop Area tenants: Walmart, Target, Cub Foods, McDonald’s, Menards, Luther, BP, Fleet Farm, Jiffy Lube, and more Demographics and Traffic Counts: Average Household Daytime Population: 1 mile - 11,370, 3 miles - 90,695, and 5 miles - 223,519 Average Household Population: 1 mile - 6,685, 3 miles - 88,589, and 5 miles - 236,558 Average Household Income: 1 mile - $75,767, 3 miles - $85,287, and 5 miles - $101,107 Jolly LN - 3,950 vpd, Brooklyn Blvd - 18,100 vpd, and Hwy 81 - 23,200 vpd Space Available: Suite 7625: 18,000 sf Suite 7657: 1,560 sf 2024 Tax: $7.79 psf Lease Rate: Negotiable

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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.