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10909 Austin St NE 4,899 SF of Retail Space Available in Blaine, MN 55449
Highlights
- Two designated areas for exterior building signage
- Exterior trash enclosure
- Monument signage opportunity
- Signaled intersection at 109th Avenue and Austin Street (36,000+ VPD)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3 | 4,899 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 3
This property is anchored by two restaurant users with patios and offers an additional 4,899 RSF of leasable in-line space.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 broker 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
| Total Space Available | 4,899 SF | Gross Leasable Area | 14,286 SF |
| Property Type | Retail | Construction Status | Proposed |
| Total Space Available | 4,899 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,286 SF |
| Construction Status | Proposed |
About the Property
Austin Markets is a new retail strip center in the fast-growing community of Blaine. Just three minutes from the I-35W exit and seven minutes from the National Sports Center, Austin Market provides a great location and the opportunity to make an impact in the new retail scene. This property is anchored by two restaurant users with patios and offers an additional 4,899 RSF of leasable in-line space. Austin Market is a continuation of Wellington’s 244-acre district plan at Lexington and 109th avenues. The site’s zoning status as development flex allows for a wide range of possibilities including grocery, restaurant, theater, bank, hotel, medical and office. Recent nearby developments include The Lexi Apartments, The Legends of Blaine 55+, a 23-building townhouse community, Culver’s, Lexside Shops retail center, North Memorial Health Center, and Ideal Credit Union. The new Austin Market strip center will complement the neighborhood while introducing a new, diverse tenant mix to the area.
Nearby Major Retailers
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10909 Austin St NE
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