Crescent Trace Retail | 1101 Main St NE
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Crescent Trace Retail 1101 Main St NE
10,100 SF 100% Leased Retail Building Minneapolis, MN 55413 £1,972,500 (£195/SF) 7.70% Net Initial Yield
Investment Highlights
- Great accessibility and frontage.
- Ease of management
- Located in desirable northeast area of Minneapolis
- Long term leases with increases
- High traffic signalized intersection
Executive Summary
Ideal for investors looking to capitalize on the unique character and growth of Northeast Minneapolis. 1101 Main St NE offers a rare chance to invest in a dynamic retail property in a thriving community. Located in a prime location in the vibrant Northeast Minneapolis neighborhood, known for its eclectic mix of arts, dining, and retail. The property offers convenient access to major highways and public transportation, enhancing foot traffic and accessibility. Located in a rapidly growing area with a diverse demographic, ensures a steady customer base. With immediate proximity to residential developments and established neighborhoods there is consistent foot traffic and a strong local economy with numerous small businesses. Don’t miss this opportunity for immediate cash flow with existing tenants. With its strategic location, flexible space, and strong market fundamentals, this property is poised for success!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,100 SF
Building Class
A
Year Built
2007
Price
£1,972,500
Price Per SF
£195
Net Initial Yield
7.70%
NOI
£151,882
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Building FAR
0.61
Land Acres
0.38 AC
Zoning
C2
Parking
82 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
163 ft on Main St NE
Amenities
- Bus Route
- Signage
- Signalised Intersection
- Balcony
Walk Score ®
Very Walkable (85)
Bike Score ®
Biker's Paradise (98)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 14-029-24-23-0471 | Improvements Assessment | £1,233,365 |
Land Assessment | £12,466 | Total Assessment | £1,245,831 |
PROPERTY TAXES
Parcel Number
14-029-24-23-0471
Land Assessment
£12,466
Improvements Assessment
£1,233,365
Total Assessment
£1,245,831
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Crescent Trace Retail | 1101 Main St NE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.