Retail Freestanding Building and Endcap Space For Lease

7625 Jolly Ln Jolly Lane Brooklyn Park, MN 55428

7625 Jolly Ln Jolly Lane , Brooklyn Park, MN, 55428
7625 Jolly Ln Jolly Lane , Brooklyn Park, MN, 55428
FOR LEASE
Property Type:
Neighborhood Center
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
May 02, 2024

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Retail Freestanding Building and Endcap Space For Lease Highlights and Features: Convenient access to I-694, Hwy 81, Bottineau Blvd, 610, 169, Brooklyn Blvd and Broadway Avenue End cap space faces Brooklyn Blvd Signage available Parking: 165 spaces Near Hennepin Tech College and North Hennepin Community College Co-tenants: Chipotle, Jimmy Johns, Team Personnel, IAU Dental, Hook Fish & Chips, Panda Express, and GameStop Area tenants: Walmart, Target, Cub Foods, McDonald’s, Menards, Luther, BP, Fleet Farm, Jiffy Lube, and more Demographics and Traffic Counts: Average Household Daytime Population: 1 mile - 11,370, 3 miles - 90,695, and 5 miles - 223,519 Average Household Population: 1 mile - 6,685, 3 miles - 88,589, and 5 miles - 236,558 Average Household Income: 1 mile - $75,767, 3 miles - $85,287, and 5 miles - $101,107 Jolly LN - 3,950 vpd, Brooklyn Blvd - 18,100 vpd, and Hwy 81 - 23,200 vpd Space Available: Suite 7625: 18,000 sf Suite 7635: 1,780 sf (current coffee shop) Suite 7657: 1,560 sf 2024 Tax: $7.79 psf Lease Rate: Negotiable

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Map of 7625 Jolly Ln Jolly Lane , Brooklyn Park, MN, 55428

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.