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3749 Cedar Ave S 1,500 SF of Retail Space Available in Minneapolis, MN 55407


Highlights
- Restaurant, Catering and grocery
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | 5 Years | $55.60 CAD/SF/YR $4.63 CAD/SF/MO $83,394 CAD/YR $6,949 CAD/MO | Triple Net (NNN) |
1st Floor
TURNKEY COMMERCIAL LEASE OPPORTUNITY – FULLY EQUIPPED RESTAURANT SPACE BUSINESS OPPORTUNITY AVAILABLE Fully equipped restaurant business and commercial space available for lease. Excellent opportunity for an experienced operator seeking a ready-to-open location for a restaurant, grocery market, carry-out, café, or catering business. Location: 3749 Cedar Ave. S, Minneapolis, MN 55407 LEASE TERMS Monthly Base Rent: $5,000.00 per month Lease Term: Five (5) years Equipment Lease: $30,000.00 Security Deposit: Required First Month’s Rent & Security Deposit Due at Lease Signing Tenant responsible for all required business licenses, permits, utilities, insurance, and operational compliance. INCLUDED EQUIPMENT & FEATURES 10-foot commercial ventilation hood Commercial stove Two (2) deep fryers Walk-in cooler Separate commercial freezer Food preparation area with ingredient refrigerator Espresso machine and dairy refrigerator Beverage display cooler Furnished dine-in and carry-out setup Catering-ready kitchen layout Established customer traffic and business potential PROPERTY FEATURES Prime Minneapolis location Turnkey setup – walk in and begin operations Suitable for restaurant, market, café, carry-out, or catering business High visibility and accessibility Existing commercial kitchen infrastructure included IMPORTANT LEASE CONDITIONS Premises leased in “AS IS” condition. Lessee responsible for maintenance, repairs, and compliance with all health, safety, and city requirements. No assignment or subleasing without prior written consent of Lessor. All equipment remains property of Lessor unless otherwise stated in writing. Failure to pay rent or comply with lease terms may result in default and termination. Personal guaranty may be required for business entities. Serious inquiries only. CONTACT INFORMATION 612-242-1867 Schedule a viewing today and take advantage of this turnkey commercial opportunity.
- Lease rate does not include utilities, property expenses or building services
- TURNKEY RESTAURANT LEASE OPPORTUNITY –EQUIPPED
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 | 1,500 SF | Gross Leasable Area | 2,986 SF |
| Property Type | Retail | Year Built | 1946 |
| Property Subtype | Restaurant |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,986 SF |
| Year Built | 1946 |
About the Property
Turnkey Restaurant & Commercial Kitchen Space for Lease Prime Minneapolis Commercial Opportunity Property Address 3749 Cedar Ave S Minneapolis, MN 55407 Property Overview Exceptional turnkey restaurant and commercial kitchen opportunity available in a highly visible Minneapolis location. This fully equipped commercial space is ideal for an experienced restaurant operator, café owner, catering business, grocery market, carry-out establishment, or food-service entrepreneur seeking a ready-to-operate facility with existing commercial infrastructure already in place. The property offers a professionally built commercial kitchen, dine-in and carry-out setup, and flexible operational potential for multiple food-service concepts. Lease Terms Monthly Base Rent: $4,500 per month Preferred Lease Term: Five (5) years Security deposit required First month's rent and security deposit due upon lease execution Tenant responsible for utilities, business licenses, permits, liability insurance, and operational compliance Personal guaranty required Lease subject to Lessor's review and approval of the prospective tenant Tenant Procurement / Leasing Commission If a prospective tenant is introduced or procured by the referring party and is subsequently approved by the Lessor, a one-time leasing commission of $2,970.00 may be payable to the referring party. The commission shall be earned and payable only upon the successful execution of a lease agreement by both the Lessor and the approved tenant. No commission shall be due or payable solely because a prospective tenant has been introduced, referred, or has submitted an application. No commission shall be payable if: The prospective tenant is not approved by the Lessor; The prospective tenant does not enter into a lease; The lease is not fully executed by all required parties; The proposed transaction is cancelled before execution of the lease; or The Lessor elects not to proceed with the prospective tenant for any lawful reason. The Lessor retains the sole and exclusive right to evaluate, approve, or reject any prospective tenant and to establish the final terms and conditions of any lease. The referring party shall not have authority to negotiate or modify lease terms, make representations or warranties on behalf of the Lessor, promise concessions, collect rent or deposits, or otherwise bind the Lessor unless expressly authorized in writing. The $2,970.00 payment is a one-time commission only and shall not create any continuing obligation for renewal commissions, management fees, referral fees, or other compensation unless separately agreed to in a written agreement signed by the Lessor. Any compensation arrangement shall be subject to all applicable federal, state, and local laws, including applicable Minnesota requirements concerning real estate brokerage, leasing, agency, and compensation. Included Equipment & Improvements The following equipment and improvements are included with the premises: 10-foot commercial ventilation hood system Commercial cooking stove Two (2) commercial deep fryers Walk-in cooler Separate commercial freezer Food preparation station with refrigerated prep storage Espresso machine and dairy refrigerator Beverage display cooler Furnished dine-in and carry-out layout Catering-ready commercial kitchen configuration Existing restaurant infrastructure and utility setup HVAC system Existing commercial electrical service All equipment remains the property of the Lessor unless otherwise agreed in a separate written agreement. No equipment ownership is transferred to the tenant by virtue of the lease. Property Features Prime South Minneapolis location High visibility and strong accessibility Turnkey setup — walk in and begin operations Suitable for restaurant, café, market, catering, or carry-out use Existing kitchen infrastructure significantly reduces startup costs Established commercial food-service layout Flexible operational potential Parking & Accessibility Approximately four (4) off-street parking spaces located behind the building Additional nearby public street parking available Important Lease Information Premises are leased in “AS IS, WHERE IS” condition, except as expressly provided in the executed lease. Tenant is responsible for maintenance, repairs, cleaning, pest control, grease disposal, trash removal, snow and ice removal, utilities, and operational compliance, except for obligations expressly retained by the Lessor under the lease. Tenant is responsible for obtaining and maintaining all licenses, permits, inspections, and approvals required for its intended use. Tenant must independently verify that its proposed business use is permitted by applicable zoning, licensing, health, fire, and other governmental requirements. No assignment, transfer, subleasing, or change in control without the Lessor's prior written consent. All equipment and fixtures owned by the Lessor remain the Lessor's property. Tenant shall maintain appropriate commercial general liability and other insurance required under the lease. Tenant shall comply with all applicable federal, state, county, and municipal laws, ordinances, codes, regulations, and licensing requirements. Failure to comply with lease obligations may constitute a default and may result in termination of the lease and other remedies available to the Lessor. Serious and qualified inquiries only. Final lease terms are governed exclusively by the written lease agreement executed by the Lessor and tenant. This advertisement does not constitute a lease or a binding offer to lease. Ideal Uses Restaurant Café Coffee shop Catering business Carry-out establishment Meal preparation operation Specialty grocery or market concept Food production business Contact Information Debreworks Properties L.L.C. Aster Derjew Andualem Owner / Lessor Email: asterad2014@gmail.com Phone: (612) 242-1867
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Debreworks Properties L.L.C
3749 Cedar Ave S
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