23 University Ave SE
23 University Ave SE, Minneapolis, MN 55414
2,883
SF AvailableLocated on a prominent corner in Northeast Minneapolis, this one-story retail building is bright and sunny with highly visible store front
This building is part of a full-block of neighborhood retail spaces, providing tenants with a distinct presence amid complementary retailers. A recent shell refresh brings new carpet and track lighting to the space, creating an open, flexible layout. Two separate entrances along the glass storefront allow for ADA accessibility and prominent visibility.
Location
This is the premiere block in Northeast Minneapolis with historic store fronts along a very walkable portion of Hennepin Avenue. Join retailers Masu, G2, Discover Strength, Fletchers Ice Cream and Noodles in a bustling neighborhood commercial district that includes Surdyk’s, Bruegger’s, Kramarczyk’s, Whitey’s, and Stray Dog. Northeast has seen an explosion of residential development over the past two years, with over 1,000 new apartments added within three blocks of the site.
Situated at the center of the Northeast Riverfront District, this amazing location is just steps away from an abundance of dining, retail, and entertainment options. Additionally, it is only 2 blocks from the Mississippi River and its surrounding walking & biking paths. This is an incredible opportunity for a company looking to grow and expand in a beautiful and vibrant environment. There is ample street and metered parking available in nearby lots, along with a limited number of parking contracts.
Rental Details
- Number of spaces 1
- Total square feet available 2,883 SF
- For Lease $29.00/SF/YR
- Space Types Retail
- Lease Type NNN
- Date Updated Apr 11, 2024
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Reach out to the broker for more info on lease terms and amenities
True
For Lease 1 Space Available
Full Building |
This building is part of a full-block of neighborhood retail spaces, providing tenants with a distinct presence amid complementary retailers. A recent shell refresh brings new carpet and track lighting to the space, creating an open, flexible layout. Two separate entrances along the glass storefront allow for ADA accessibility and prominent visibility
JoAnna HicksElement Commercial Real Estate
Kevin KuppeElement Commercial Real Estate |
Contacts
JoAnna Hicks
Element Commercial Real Estate
Kevin Kuppe
Element Commercial Real Estate
Building Details
- For Lease $29.00/SF/YR
- Property Type Retail
- Property Size 2,883 SF
- Additional Rent Contact for pricing
- Date Updated Apr 11, 2024
Getting Around
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Walk Score ®
Walker's Paradise (95) -
Transit Score ®
Good Transit (67) -
Bike Score ®
Biker's Paradise (92)
Location
- City Minneapolis, MN
- Neighborhood Nicollet Island - East Bank
- Zip Code 55414
- Market Minneapolis St Paul
Points of Interest
Target Field - Platform 2
1.15 miles
Royalston
1.40 miles
Stadium Village
1.86 miles
Bassett Creek Valley
2.16 miles
Lake Street/Midtown
2.86 miles
Bryn Mawr
2.94 miles
West 21st Street
3.44 miles
38th Street
3.91 miles
Lakewood Cemetary Stop
4.33 miles
ChargePoint
1.11 miles
Holiday
1.21 miles
EZ Stop
1.34 miles
Nelson Auto World
1.34 miles
Greenlots
1.59 miles
Holiday
1.63 miles
Speedway
1.65 miles
Handy Stop
1.75 miles
Tesla Supercharger
1.76 miles
Mill Ruins Parking
0.62 miles
Hennepin Avenue Parking Ramp
0.65 miles
Mill Quarter Parking Ramp
0.70 miles
Riverfront Municipal Parking Ramp
0.72 miles
Gateway Municipal Garage
0.72 miles
Jerry Haaf Memorial Garage
0.80 miles
Mills Fleet Farm Parking Garage
0.86 miles
C-97
0.86 miles
C-44
0.86 miles
Whole Foods Market
0.74 miles
Trader Joe's
0.75 miles
Gaviidae Common
1.04 miles
Saks Fifth Avenue
1.05 miles
Marshalls
1.08 miles
Union 73
1.08 miles
City Center
1.08 miles
Target
1.11 miles
Macy's
1.16 miles
23 University Ave SE Listing Summary
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The Price for Retail Space at 23 University Ave SE
The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 23 University Ave SE, asking rent starts at $29.00 per square foot.
23 University Ave SE is located in the Nicollet Island - East Bank neighborhood, which is home to a total of 6 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.
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Retail Space Options Available at 23 University Ave SE
The property exclusively contains Retail space totaling 2,883 square feet. The leasing opportunity here is available under NNN lease terms.
In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 23 University Ave SE, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.
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Get to Know the Retail Scene in the Nicollet Island - East Bank Neighborhood
23 University Ave SE is located in the Nicollet Island - East Bank neighborhood of Minneapolis. The Nicollet Island - East Bank retail market offers 6 retail listing(s), representing a total of 24,888 square feet of retail space for lease.
The most common retail type in the Nicollet Island - East Bank neighborhood is Restaurant, of which the market currently offers 1 space(s).
When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Nicollet Island - East Bank resident is 35 years old, and the median household income here is $78,064 per year.
