4701-4751 Hiawatha Ave
Minneapolis, MN 55406
Hiawatha 46 · Retail Property For Sale

Hiawatha 46 (the “Property”) is a multi-tenant retail center shadow anchored by Cub Foods, located directly on Hiawatha Avenue in the densely populated Longfellow neighborhood of Minneapolis, MN.
GROCERY SHADOW ANCHORED
The Property is shadow anchored by Cub Foods, the only grocery store within a 1.5-mile radius, the nearest grocery store is across the Mississippi River in St. Paul.
LONG TERM VALUE PRESERVATION
The Property boasts a 10-year CAGR of 3.8%, outpacing long-term inflation, providing a natural hedge through annual rent increases and mark-to-market leasing.
DENSE URBAN SUBMARKET
The surrounding neighborhood is dense with over 145K people in a three-mile radius, made up of an educated, skilled labor force with average annual income more than $129K.
TRANSIT ORIENTED NEIGHBORHOOD
Hiawatha 46 is easily accessible via multiple modes of transportation including Light Rail (46th St./Minnehaha Station is across the street), numerous bus routes providing local feeder service, strong walkability and regional trails that support bicycle and pedestrian traffic.
NEARBY DESTINATION
The Property is directly adjacent to Minnehaha Regional Park and Minnehaha Creek/falls- a high draw recreational node that brings consistent foot traffic and over 2.3M visitors annually. Additionally, the property is located less than 2 miles north of the MSP airport