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Kensington Park 7600-7620 Lyndale Ave S
1,324 - 3,856 SF of Office/Retail Space Available in Richfield, MN 55423
Highlights
- National credit co-tenancy.
- 110,000 Daytime Employees
- Suite 400: Fully Built out Office Space
- High population density for suburban retail.
- ± 1,324 - 2,532 SF (CAN BE COMBINED)
- Suite 500: Shell Space, can be built out as retail/office
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 400 | 1,324 SF | Negotiable | £15.78 /SF/PA £1.31 /SF/MO £169.85 /m²/PA £14.15 /m²/MO £20,893 /PA £1,741 /MO | Triple Net | ||
| 1st Floor, Ste 500 | 2,532 SF | 5-10 Years | £15.78 /SF/PA £1.31 /SF/MO £169.85 /m²/PA £14.15 /m²/MO £39,955 /PA £3,330 /MO | Triple Net |
7610 Lyndale Ave S - 1st Floor - Ste 400
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Can be combined with additional space(s) for up to 3,856 SF of adjacent space
- Located in-line with other retail
- Located on the corner of a highly visible inter.
- Immediately accessible from I-494
- National credit co-tenancy
- High population density for suburban retail
7610 Lyndale Ave S - 1st Floor - Ste 500
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 3,856 SF of adjacent space
- Located in-line with other retail
- Located on the corner of a highly visible inter.
- Immediately accessible from I-494
- National credit co-tenancy
- High population density for suburban retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 7600-7620 Lyndale Ave S , Richfield, MN 55423
| Centre Type | Strip Center | Frontage | Lyndale Ave |
| Parking | 130 Spaces | Gross Leasable Area | 40,443 SF |
| Stores | 14 | Total Land Area | 4.15 AC |
| Centre Properties | 5 | Year Built | 2004 |
| Centre Type | Strip Center |
| Parking | 130 Spaces |
| Stores | 14 |
| Centre Properties | 5 |
| Frontage | Lyndale Ave |
| Gross Leasable Area | 40,443 SF |
| Total Land Area | 4.15 AC |
| Year Built | 2004 |
About the Property
Kensington Park located on the corner of a highly visible and lighted intersection immediately accessible from I-494.
- Bus Route
- Signage
- Signalised Intersection
Nearby Major Retailers
-
Amelia Bjorklund -
Theresa Hart -
NAI Legacy
Presented by
Kensington Park | 7600-7620 Lyndale Ave S
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