Restaurant/Nail/Fitness Retail Space

1410 Nicollet Ave Nicollet Avenue Minneapolis, MN 55403

1410 Nicollet Ave Nicollet Avenue , Minneapolis, MN, 55403
1410 Nicollet Ave Nicollet Avenue , Minneapolis, MN, 55403 1410 Nicollet Ave Nicollet Avenue , Minneapolis, MN, 55403
FOR LEASE
Property Type:
Mixed Use
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Mar 12, 2025

Daily Email Blast
1 time

Daily Blasts Dates

Mar 11, 2025 15:23:58



Restaurant/Nail/Fitness Retail Space Space Available • CM1: 2,385 sf (previously a café) • Lease Rates: $17-20 psf NNN • CM2: 1,387 sf (previously a nail salon, FF&E in place) • Lease Rates: $20-$22 psf NNN • CM4: 2,191 sf (previously a fitness concept) • Lease Rates: $17-$20 psf NNN • 2025 CAM/Tax: $10.83 psf Highlights and Features • Retail availability on the first floor of new mixed-use building • Easy access to 94 and CBD • Join Sonora Grill in a neighborhood where arts and culture meet the the commercial CBD district to attract young professionals • Blocks from Loring Park, The Walker Are Center, The Convention Center, University of St. Thomas School of Business & Law, Westminster Presbyterian, and Minnesota Orchestra Demographics Average Household Population: • 1 mile: 25,616 • 3 miles: 162,149 • 5 miles: 322,218 Average Household Income: • 1 mile: $49,781 • 3 miles: $53,724 • 5 miles: $59,309 Traffic Counts • Nicollet Avenue: 5,247 vpd • I-94: 151,270 vpd

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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.
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