Skyway and Street Level Retail Space for Lease in Downtown Minneapolis 490 sf - 8,252 sf Available!

706 S 2nd Avenue Minneapolis, MN 55402

706 S 2nd Avenue , Minneapolis, MN, 55402
Baker Center
706 S 2nd Avenue , Minneapolis, MN, 55402
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jan 23, 2024
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Skyway and Street Level Retail Space for Lease in Downtown Minneapolis 490 sf - 8,252 sf Available! Baker Center - the place everyone wants to be! Located in the heart of downtown, Baker Center has the highest pedestrian traffic counts in the Minneapolis skyways. Availabilities include premier street level spaces with floor to ceiling glass on the prominent Marquette Avenue, 2nd Avenue, 7th and 8th Streets, as well as highly visible skyway level suites perfect for retail and services business. With nearly 1,000,000 square feet of newly renovated office space, the property is brimming with new tenants looking for additional amenities. Baker Center is within walking distance of the city's most prominent sports, art, dining, and entertainment venues, most notably The Ordway, Target Field, Target Center, US Bank Stadium, The Guthrie, Walker Art Center, and Orchestra Hall. 1st Floor Co-Tenants: Edible Arrangements, Fast Signs, HenHouse Eatery, Minnesota Association for Justice, Sew Biz Tailoring, Memorial Blood Centers, Xact Data Discovery, J&D Dental, Sir Speedy, Metro Transit 2nd Floor Co-Tenants: Hennepin Partners, Kelly Hannaford & Battles PA, Think 2 Perform, Vellee, Afro Deli & Grill, Green + the Grain, Associated Bank, Takatsu, Visionworks Highlights and Features: Located in the center of downtown Minneapolis Strong daytime population - more than 183,000 employees within blocks 43,000 downtown residents Building parking ramp could be available for restaurant valet parking 3,400 parking stall within a one-block walk Light rail service access just two blocks away Small shop spaces on skyway Up to 4,711 square foot restaurant space on street level Flexible lease terms available for pop up shops Demographics: Average Household Population: 1 mile - 19,176, 3 miles - 148,827, 5 miles - 302,908 Average Household Income: 1 mile - $57,751, 3 miles - $50,510, 5 miles - $57,525 Traffic Counts: Marquette Avenue - 9,600 vpd, 2nd Ave S - 7,900 vpd, 7th St - 15,800 vpd, 8th St: 10,200 vpd First Floor Space Available: Bldg 705 & 706/Suite 100: 7,121 sf Bldg 705/Suite 111: 842 sf Bldg 705/Suite 115: 866 sf Bldg 705/Suite 135: 5,788 sf Bldg 706/Suite 130: 1,091 sf Bldg 706/Suite 141: 2,691 sf Bldg 706/Suite 143: 1,211 sf Bldg 706/Suite 150: 3,373 sf Bldg 730/Suite 150: 4,879 sf Bldg 730/Suite 150 and Bldg 706/Suite 150 contiguous to 8,252 sf Bldg 733/Suite 104: 2,978 sf Bldg 733/Suite 106: 1,733 sf Bldg 733/Suite 104 & 106 contiguous to 4,711 sf Lease Rates: Negotiable Second Floor Space Available: Bldg 705/Suite 247: 1,274 sf Bldg 705/Suite 249: 1,716 sf Bldg 705/Suite 255: 3,310 sf Bldg 706/Suite 265: 902 sf Bldg 706/Suite 268: 1,116 sf Bldg 706/Suite 275: 397 sf Bldg 706/Suite 277: 852 sf (former conf room) Bldg 730/Suite 282: 3,590 sf Bldg 730/Suite 287: 1,698 sf Bldg 730/Suite 291: 592 sf Bldg 730/Suite 295: 2,332 sf Bldg 730/Suite 299: 1,500 sf Bldg 733/Suite 203: 1,198 sf Bldg 733/Suite 209: 1,664 sf Bldg 733/Suite 220: 490 sf Bldg 733/Suite 223: 919 sf Bldg 733/Suite 227: 717 sf Bldg 733/Suite 233: 1,982 sf Bldg 733/Suite 240: 2,752 sf Bldg 733/Suite 241: 2,012 sf Lease Rates: 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.