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Broadway Shopping Center 519-621 W Broadway Ave 11,043 SF of Retail Space Available in Minneapolis, MN 55411
Highlights
- Excellent visibility and signage opportunities
- Ample on-site parking available
- Flexible suite configurations available
- Strong daily traffic counts and exposure
- Dense surrounding residential population
- Located within a growing and active trade area
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 505 | 11,043 SF | 10’ - 14’ | Negotiable | $15.12 CAD/SF/YR $1.26 CAD/SF/MO $167,021 CAD/YR $13,918 CAD/MO | Triple Net (NNN) |
501-621 W Broadway Ave - 1st Floor - Ste 505
Highly visible big-box retail space located on West Broadway in North Minneapolis. Positioned in a busy retail corridor with strong daily traffic, nearby neighborhood amenities, and excellent accessibility. A great opportunity for retail or service users seeking exposure in a dense, established area.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- 1 Loading Dock
- Central Air and Heating
- Plug & Play
- Finished Ceilings: 10’ - 14’
- Display Window
- CM2 Corridor Mixed-Use District
- 180 Surface Parking Stalls
- Sprinklers
- High Traffic Count
- Only Vacancy in the Center
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 Broadway Shopping Center
- Tenant
- Description
- US Locations
- Reach
- 7 Mile Discount Clothing & Beauty Supply
- Retailer
- 2
- Regional
- AutoZone
- Automotive
- 7,161
- International
- Dollar General
- Dollar/Variety/Thrift
- 22,910
- International
- DTLR
- Shoes
- 575
- National
- Oriental Nails
- Nail Salon
- 1
- Local
- Rainbow
- Ladies' Apparel
- 1,138
- National
| Tenant | Description | US Locations | Reach |
| 7 Mile Discount Clothing & Beauty Supply | Retailer | 2 | Regional |
| AutoZone | Automotive | 7,161 | International |
| Dollar General | Dollar/Variety/Thrift | 22,910 | International |
| DTLR | Shoes | 575 | National |
| Oriental Nails | Nail Salon | 1 | Local |
| Rainbow | Ladies' Apparel | 1,138 | National |
Property Facts
About the Property
Located along the highly traveled Broadway corridor in Minneapolis, Broadway Shopping Center offers strong visibility, convenient access, and a central location within one of the city’s established commercial corridors. The center provides a great opportunity for retail, service, medical, fitness, and neighborhood-oriented users seeking strong exposure and accessibility. With ample parking, nearby residential density, and consistent daily traffic, Broadway Shopping Center serves as a convenient destination for the surrounding community and businesses alike. Its strategic location offers easy access to major thoroughfares and surrounding neighborhoods, making it an ideal fit for a variety of retail and commercial uses.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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Broadway Shopping Center | 519-621 W Broadway Ave
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