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Penn American 2100 W 80 1/2 St 1,042 - 12,358 SF of 4-Star Office/Retail Space Available in Bloomington, MN 55431
Highlights
- Grocery-anchored mixed-use development
- Walkable layout with integrated residential and retail
- Ample parking, including free underground garage parking
- On-site hospitality component (Home2 Suites by Hilton)
- Building signage
- Prominent visibility along Penn Avenue & American Blvd
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2105 | 1,042 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 2105C | 1,522 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 2105D | 1,709 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 2240A | 6,050 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 2240D | 2,035 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 2105
1st Floor, Ste 2105C
1st Floor, Ste 2105D
1st Floor, Ste 2240A
1st Floor, Ste 2240D
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.
Select Tenants at Penn American
- Tenant
- Description
- US Locations
- Reach
- Fresh Thyme Farmers Market
- Supermarket
- 89
- Regional
| Tenant | Description | US Locations | Reach |
| Fresh Thyme Farmers Market | Supermarket | 89 | Regional |
Property Facts
| Total Space Available | 12,358 SF | Gross Leasable Area | 21,250 SF |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Freestanding |
| Total Space Available | 12,358 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 21,250 SF |
| Year Built | 2015 |
About the Property
Penn American is a premier mixed-use retail destination anchored by Fresh Thyme Market and Home2 Suites by Hilton in the heart of Bloomington’s dominant retail corridor. The development integrates daily-needs retail, hospitality, dining, and residential living into a cohesive, walkable environment.
Demographics
Demographics
Nearby Major Retailers
Presented by
Penn American | 2100 W 80 1/2 St
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