Retail Space For Lease In Busy Neighborhood Center - Voted Best Shopping Center!

1023 E Moore Lake Drive Fridley, MN 55432

1023 E Moore Lake Drive, Fridley, MN, 55432
1023 E Moore Lake Drive, Fridley, MN, 55432
Property Type:
Neighborhood Center
Please Call Broker for Price

Cap Rate:
Last Verified:
Jun 13, 2023

Retail Space For Lease In Busy Neighborhood Center - Voted Best Shopping Center! Highlights and Features: • Voted Best Shopping Center in Fridley • Located off the busy intersection of Hwy 65 and East Moore Lake Drive • 1 mile from I-694 • Strong retail corridor in Fridley • Pylon signage available • Parking: 337 spaces • Co-tenants: New Horizon Academy, Dave’s Sport Shop, Ax-Man Surplus, Subway, Kings Korean & Sushi, Herbalife, Seoul Foods, Tiffany Nails, Phoenix Games, Dentistry For The Entire Family • Area tenants: Lifetime Fitness, Crooners Lounge & Supper Club, Salvation Army Family Stores, Moore Than Dance, American Family Insurance, Wong’s Gourmet, Grandpa’s Ice Cream, Chanticlear Pizza, Corner Home Medical, Salon Amore, Shortstop Bar & Grill, White Pine Assisted Living, Ziebart, Banquets of Minnesota, Skyline Veterinary Hospital Demographics and Traffic Counts: • Average Population: 1 mile - 4,405, 3 miles - 48,945 and 5 miles - 130,145 • Average Household Income: 1 mile - $71,139, 3 miles - $66,668 and 5 miles - $66,337 • Traffic Counts: 21,66 vpd - Hwy 65, 6,424 vpd - East Moore Lake Drive and 119,379 vpd on I-694 Space Available: • Suite 1023/1025/1027: 4,500 sf • 2023 CAM/Tax: $5.57 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.