Industrial Space For Lease - North Loop

1018 5th St N Minneapolis, MN 55411

1018 5th St N, Minneapolis, MN, 55411
1018 5th St N, Minneapolis, MN, 55411
FOR LEASE
Property Type:
Other Industrial
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jul 22, 2024

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Hard to Find Industrial Space For Lease - North Loop Highlights and Features: • Freestanding building • Designated parking lot • Flexible floor plan • Warehouse space with drive-in doors • Kitchen space • Reception area, meeting room, collaborative space and private offices • Zoning: I2 (Medium Industrial District) • Drive-in door: 5-10’ x 10’ • Clear Height: 12’ to 14’ • 2-car attached garage • Security system • Dedicated parking lot: up to 35 spaces • Alley access to gated secure parking: 8-10 spaces • Easy access to I-94, I-394, and points west via North 3rd Street, and I-35W via Washington Avenue • Close to sports arenas, entertainment venues, shopping, and restaurants Space Available: 4,270 sf • Lease Rate: Negotiable • 2024 CAM: $4.00 psf and Tax: $1.69 psf

Additional URLs

Map of 1018 5th St N, Minneapolis, MN, 55411

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.