Retail Space For Lease

2520 White Bear Avenue Maplewood, MN 55109

2520 White Bear Avenue, Maplewood, MN, 55109
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FOR LEASE
Property Type:
Neighborhood Center
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Feb 09, 2024

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Retail Space For Lease Highlights and Features: Easy access to White Bear Avenue and Hwy 36 Great visibility and signalized intersection Building and pylon signage available Parking: 100 spaces Area Tenants: Hy-Vee, Caribou Coffee, Home Depot, Goodwill, Chipotle, Cub Foods, Burger King and Rejuvenation MedSpa Demographics and Traffic Counts: Average Household Population: 1 mile - 4,393, 3 miles - 40,417 and 5 miles - 127,523 Average Household Income: 1 mile - $63,875, 3 miles - $67,065 and 5 miles - $64,776 Traffic Counts: 23,500 vpd on White Bear Avenue, 31,987 vpd on Hwy 36 and 8,100 vpd on 11th Avenue E Space Available: Suite 200: 3,923 sf Suite 400: 1,452 sf Lease Rate: Negotiable Gross

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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.