400 SF to 3,500 SF of Historic Studio/Office/Retail Space For Sublease

355 2nd St Excelsior, MN 55331

355 2nd St, Excelsior, MN, 55331
355 2nd St, Excelsior, MN, 55331
FOR SUBLEASE
Property Type:
Mixed Use
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jul 26, 2024

Daily Email Blast
0 times


400 SF to 3,500 SF of Historic Studio/Office/Retail Space For Sublease Highlights and Features: Rare opportunity to lease in a newly renovated space Located in the center of historic Excelsior on beautiful Lake Minnetonka White box delivery Multi-tenant space Ceiling Height: 17’ Separate secure entrances Estimated availability, Spring 2024 Demographics and Traffic Counts: Average Household Population: 1 mile - 2,698, 3 miles - 17,784 and 5 miles - 50,098 Average Household Income: 1 mile - $105,808, 3 miles - $127,415 and 5 miles - $121,902 Traffic Counts: 7,041 vpd - 2nd St, 10,859 vpd - Water St. Space Available For Sublease: 400 sf to 3,500 sf Lease Rate: Negotiable Modified Gross

Additional URLs

Map of 355 2nd St, Excelsior, MN, 55331

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.