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1015 Lake St W
Minneapolis, MN 55408
Verizon | Palm Beach Tan · Local commercial Bien À vendre
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Dense, Urban Infill Location in One of Minneapolis’s Most Desirable Neighborhoods
- Strong Historical Occupancy
- Surrounded By Numerous New Construction Class A Multi-Family & Hospitality Developments
- A, Two-Tenant Retail Building in Uptown with Rare Off-Street Parking
- Excellent Access For Workday Commuters
- Seven Points (Formerly Calhoun Square) Redevelopment
Résumé analytique
Northmarq is pleased to present the opportunity to acquire a fee-simple interest in a two-tenant, Class A, urban infill retail building situated at 1015 W Lake Street in Minneapolis, MN (the “Property”). The Property consists of a 6,486-square-foot, shallow bay retail building that is currently 100% leased to Verizon and Palm Beach Tan.
Located in the highly sought after Uptown neighborhood of Minneapolis, the Property benefits from its frontage on West Lake St, a major east/west thoroughfare experiencing more than 17,115 vehicles per day, in addition to excellent foot traffic with a Walk Score of 98 and Bike Score of 95. Less than 2 miles to the CBD and just one (1) mile west of Interstate 35, the Property sits near the Chain of Lakes and Midtown Greenway offering tremendous access to public transportation.
The Property is surrounded by more than 2,000 new construction multifamily units, including The Asher, a six-story, 1175-unit mixed-use development; Buzza Lofts (136 units); The Walkway Apartments (92 units); Daymark Uptown (318 units); Uptown Lake Apartments (163 units); and The Moxy Minneapolis Uptown, a 6-story, 124-room hotel, built in 2017.
Located in the highly sought after Uptown neighborhood of Minneapolis, the Property benefits from its frontage on West Lake St, a major east/west thoroughfare experiencing more than 17,115 vehicles per day, in addition to excellent foot traffic with a Walk Score of 98 and Bike Score of 95. Less than 2 miles to the CBD and just one (1) mile west of Interstate 35, the Property sits near the Chain of Lakes and Midtown Greenway offering tremendous access to public transportation.
The Property is surrounded by more than 2,000 new construction multifamily units, including The Asher, a six-story, 1175-unit mixed-use development; Buzza Lofts (136 units); The Walkway Apartments (92 units); Daymark Uptown (318 units); Uptown Lake Apartments (163 units); and The Moxy Minneapolis Uptown, a 6-story, 124-room hotel, built in 2017.
Informations sur l’immeuble
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
603 m²
Classe d’immeuble
B
Année de construction
2008
Prix
2 089 785 €
Prix par m²
3 468,12 €
Taux de capitalisation
7,33 %
RNE
153 162 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,36
Surface du lot
0,17 ha
Zonage
C-2 - Neighborhood Corridor Commercial District
Stationnement
18 places (29,87 places par 1 000 m² loué)
Façade
39 m sur Lake St
Taxes foncières
| Numéro de parcelle | 04-028-24-11-0096 | Évaluation des aménagements | 425 492 € |
| Évaluation du terrain | 932 649 € | Évaluation totale | 1 358 141 € |
Taxes foncières
Numéro de parcelle
04-028-24-11-0096
Évaluation du terrain
932 649 €
Évaluation des aménagements
425 492 €
Évaluation totale
1 358 141 €
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