Retail/Office Space For Lease

651-699 Winnetka Avenue Golden Valley, MN 55427

651-699 Winnetka Avenue, Golden Valley, MN, 55427
651-699 Winnetka Avenue, Golden Valley, MN, 55427
FOR LEASE
Property Type:
Neighborhood Center
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Aug 14, 2024

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Office/Retail Space For Lease Golden Valley Town Square is conveniently located off Highway 55 and Winnetka Avenue in the heart of Golden Valley and is surrounded by professional offices, residential apartments, and single-family homes. This attractive center is minutes away from Downtown Minneapolis. Join co-tenants Block Advisors, Snap Fitness, Davanni’s, Mainstream Boutique, Golden Valley Animal Hospital, Bergstrom Studio, Triple D Espresso, WA Campion & Co, Pups & Stuff, 3 Click Mobile Fitness, Custom Trim Barbers, New Asian Ju Yuan, Fix My Busted Computer, Lash Lounge and new tenant Hidden Nails! Highlights and Features: Prominent corner with great visibility Easy access to Hwy 55, Hwy 169 and I-394 On the bus line Outdoor patio/indoor common area seating Elevator Building signage Ample parking Area tenants: McDonald’s, UPS Store, O’Reilly Auto Parts, Mathnasium, Kuipers Ace Hardware, Chipotle, Love Pizza, Doolittle’s, Patina, New Bohemia, Pancheros Mexican Grill, D’Amico & Sons, and Golden Valley Country Club Demographics and Traffic Counts: Average Household Population: 1 mile - 2,802, 3 miles - 38,711, and 5 miles - 130,441 Average Household Income: 1 mile - $87,528, 3 miles - $84,516, and 5 miles - $77,048 Traffic Counts: Hwy 55 - 32,499 vpd, Winnetka Avenue N - 9,235 vpd, and Golden Valley Rd - 3,897 vpd Space Available: Suite 677B: 600 sf (office space) Suite: 681A: 2,447 sf (turnkey salon with office space, treatment room, private staircase and elevator) Suite 681B: 1,097 sf Suites 677B, 681A, and 681B are contiguous to 4,144 sf 2024 CAM: $11.64 psf and Tax: $4.30 psf Lease Rate: Negotiable

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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.