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Lumen on Lagoon 1201-1211 Lagoon Ave 1,958 SF of Retail Space Available in Minneapolis, MN 55408
Highlights
- Outstanding Retail Opportunity in Minneapolis. 12,000 VDP on Lagoon
- Competitive terms available
- Newer construction building. Shows great!
- Main and Main location- across the street from newly renovated Cub Foods, and adjacent to Core Power Yoga
- Off-street parking available in covered ramp across the street. On-street opportunities as well
- Last space- 1,958 SF SF available. Contact broker for information today.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 2930-101 | 1,958 SF | 10’ - 12’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 2930-101
-1,958 SF 1st Floor retail unit (for lease) in the Heart of Uptown Minneapolis -Prominent Storefront Visibility with Abundant Natural Light -Walkable Urban Environment with Restaurants, Coffee Shops, Entertainment, and Shopping Steps Away -Dynamic Mixed-Use Development
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
- Located in-line with other retail
- Central Air and Heating
- High Ceilings
- Exposed Ceiling
- After Hours HVAC Available
- Finished Ceilings: 10’ - 12’
- Common Parts WC Facilities
- 1,958 SF ready for your ideas!
- Common restrooms
- Outstanding exposure on Emerson at Lagoon/Lake
- Improvement allowance available
- Newer construction building
- Join Core Power Yoga, 57FIT, and SofaClub Cannabis
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 | 1,958 SF | Gross Leasable Area | 13,099 SF |
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,958 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 13,099 SF |
| Year Built | 2006 |
About the Property
Street level storefront opportunity located in the Lumen on Lagoon Building, a luxury mixed use development featuring street level retail and four floors of residential condominiums. Contact broker for a tour today. •Last space available! 1,958 SF •2026 Tax/CAM @ $10.29 per SF •Base rent negotiable •Competitive TI packages •Parking available in covered ramp across the street. Ample stalls available/negotiable cost •Dense urban population •Affluent demographics •Minutes away from Minneapolis CBD
- Signalized Intersection
Nearby Major Retailers
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Lumen on Lagoon | 1201-1211 Lagoon Ave
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