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3900 & 3920 Nicollet Avenue

19,861 SF 100% Leased Retail Building Minneapolis, MN 55409 £3,521,025 (£177/SF) 7% Net Initial Yield

Executive Summary

The building was built in 1957 and renovated in 2013/2023 and now possesses an elevated and timeless design
and beautifully landscaped grounds. 3900 - 3920 Nicollet Avenue is strategically located in the heart of South
Minneapolis with close access to 35W and is just three miles from Lake Harriet. 3900 - 3920 Nicollet Avenue has
a history of high-occupancy rates. This building is currently 100% occupied. This building is home to some elite
companies, including Master Collision Group and Tower Games.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,861 SF
Building Class
B
Year Built/Renovated
1957/2023
Price
£3,521,025
Price Per SF
£177
Net Initial Yield
7%
NOI
£246,472
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Zoning
C2 - Neighborhood Corridor Commercial District
1 of 1
Walk Score ®
Very Walkable (83)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Jazzercise
The YMCA
Caribou Coffee
(651) 214-4555

Contacts

  • Listing ID: 31115974

  • Date on Market: 04/03/2024

  • Last Updated:

  • Address: 3900 & 3920 Nicollet Avenue, Minneapolis, MN 55409

The Retail Property at 3900 & 3920 Nicollet Avenue, Minneapolis, MN 55409 is currently available for sale. Contact Colliers for more information.

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© 2024 CoStar Group

3900 & 3920 Nicollet Avenue
(651) 214-4555 x

3900 & 3920 Nicollet Avenue

1/2

Nathan Karrick

(651) 214-4555

(651) 214-4555

Kevin O'Neill

(952) 897-7724

(952) 897-7724

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