Up To 14,731 SF of Office Space For Lease Near Highway 280 and I-94

2446 University Avenue W St. Paul, MN 55114

2446 University Avenue W, St. Paul, MN, 55114
2446 University Avenue W, St. Paul, MN, 55114
Property Type:
Multi Tenant Office
Cap Rate:
Last Verified:
Aug 04, 2023

Up To 14,731 SF of Office Space For Lease Near Highway 280 and I-94 Highlights and Features: • 46,723 SF Building • Large windows • Ideal location just east of Highway 280 and I-94 interchange • Well served by the light rail and buses • 1 block from the Raymond Avenue light rail station • Minutes to both Downtowns • Ample parking • Common break area • Local ownership • Signage available • Co-tenants: Move Minnesota, MN Adopt, Outfront Minnesota, Mizna, Hearth Connections, Minnesota Housing Inc., Jimmy John’s, Remedy Health and The Kitty Custodian Space Available: • Suite 110: 2,660 sf to 14,731 sf • Lease Rate: $19.00 psf Gross Demographics: • Average Household Population: 1 mile - 4,924, 3 miles - 86,623 and 5 miles - 281,975 • Average Household Income: 1 mile - $66,618, 3 miles - $60,477 and 5 miles - $62,353 Traffic Counts: • University Avenue W - 17,800 vpd • Hwy 280 - 35,000 vpd • Franklin Avenue - 7,800 vpd • Raymond Avenue - 7,500 vpd • I-94 - 169,000 vpd

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Map of 2446 University Avenue W, St. Paul, MN, 55114

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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.