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3541 S Lyndale Ave 5,762 SF of Retail Space Available in Minneapolis, MN 55408
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,762 SF | Negotiable | $20.69 CAD/SF/YR $1.72 CAD/SF/MO $119,209 CAD/YR $9,934 CAD/MO | Triple Net (NNN) |
1st Floor
3541 Lyndale Avenue S presents an excellent opportunity to acquire a well-positioned commercial property in the heart of South Minneapolis. Currently operating as a chiropractic office, the property offers an existing professional/medical office buildout with the flexibility to accommodate a variety of office, wellness, retail, or service-oriented uses. Located along the highly visible Lyndale Avenue corridor, the property benefits from strong surrounding residential density, established neighborhood businesses, restaurants, retail, and convenient access to Uptown, LynLake, and surrounding Minneapolis neighborhoods. The existing layout provides an attractive opportunity for another chiropractic, medical, wellness, or professional office user seeking a space that may require minimal modification, while the property's location and flexibility also make it compelling for investors or buyers looking to reposition the asset. **Property Highlights** * Currently operating as a chiropractic office * Existing professional/medical office buildout * Excellent visibility along Lyndale Avenue * Flexible layout suitable for a variety of commercial uses * Strong surrounding residential and commercial density * Convenient access to Uptown, LynLake, and South Minneapolis * Ideal for owner-users, investors, or repositioning * Available for sale or lease
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
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 | 5,762 SF | Gross Leasable Area | 5,762 SF |
| Property Type | Retail | Year Built | 1923 |
| Property Subtype | Freestanding | Parking Ratio | 0.59/1,000 SF |
| Total Space Available | 5,762 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,762 SF |
| Year Built | 1923 |
| Parking Ratio | 0.59/1,000 SF |
About the Property
3541 Lyndale Avenue S presents an excellent opportunity to acquire a well-positioned commercial property in the heart of South Minneapolis. Currently operating as a chiropractic office, the property offers an existing professional/medical office buildout with the flexibility to accommodate a variety of office, wellness, retail, or service-oriented uses. Located along the highly visible Lyndale Avenue corridor, the property benefits from strong surrounding residential density, established neighborhood businesses, restaurants, retail, and convenient access to Uptown, LynLake, and surrounding Minneapolis neighborhoods. The existing layout provides an attractive opportunity for another chiropractic, medical, wellness, or professional office user seeking a space that may require minimal modification, while the property's location and flexibility also make it compelling for investors or buyers looking to reposition the asset. **Property Highlights** * Currently operating as a chiropractic office * Existing professional/medical office buildout * Excellent visibility along Lyndale Avenue * Flexible layout suitable for a variety of commercial uses * Strong surrounding residential and commercial density * Convenient access to Uptown, LynLake, and South Minneapolis * Ideal for owner-users, investors, or repositioning * Available for sale or lease
- Bus Line
- Signage
- Signalized Intersection
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
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3541 S Lyndale Ave
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