Retail Space For Lease Between Target and Walmart - Anchored by Hobby Lobby!

1660 Robert St S West Saint Paul, MN 55107

1660 Robert St S, West Saint Paul, MN, 55107
1660 Robert St S, West Saint Paul, MN, 55107
FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
May 21, 2024

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Retail Space For Lease Between Target and Walmart - Anchored by Hobby Lobby! Highlights and Features: • Great visibility • Located at the busy lighted intersection of Robert & Lothenbach • Pylon and exterior signage available • Co-tenants: Pawn America, Twin City Staffing, Tailor Alterations, The UPS Store, Aloha Nails, Mela Thai Cuisine, Tobacco Sales, and Great Health Nutrition Demographics and Traffic Counts: • Average Household Population: 1 mile - 5,803, 3 miles - 51,733 and 5 miles - 94,244 • Average Household Income: 1 mile - $58,344, 3 miles - $68,015 and 5 miles - $68,975 • S Robert St North - 20,942 vpd, S Robert St S South – 21,932 vpd and Wentworth Avenue - 9,775 vpd Space Available: • Suite 1684: 912 sf (occupied but available) • 2024 CAM: $4.60 psf and Tax: $4.05 psf • Lease Rate: $25.00 psf Net

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Map of 1660 Robert St S, West Saint Paul, MN, 55107

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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.