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Hiawatha 46 4701-4751 Hiawatha Ave 1,240 SF of Retail Space Available in Minneapolis, MN 55406
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4701 | 1,240 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
4701-4751 Hiawatha Ave - 1st Floor - Ste 4701
Premier endcap with patio option relatively unsaturated food market.
- Highly Desirable End Cap Space
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 | 1,240 SF | Frontage | 659’ on Hiawatha Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 37,975 SF |
| Parking | 150 Spaces | Total Land Area | 2.46 AC |
| Center Properties | 1 | Year Built | 1989 |
| Total Space Available | 1,240 SF |
| Center Type | Neighborhood Center |
| Parking | 150 Spaces |
| Center Properties | 1 |
| Frontage | 659’ on Hiawatha Ave |
| Gross Leasable Area | 37,975 SF |
| Total Land Area | 2.46 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
Well located between the downtown core, MSP airport, and many new urban developments along the river, Hiawatha 46 draws a strong customer base from the densely populated area surrounding it. Multiple new apartment projects have recently augmented that population, and pave the way for strong neighborhood retail traffic. An endcap opportunity, with possible patio, is a rare and well exposed availability at the center. New exterior facade proposed!!
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Hiawatha 46 | 4701-4751 Hiawatha Ave
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