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Albertville Crossing 5698 Labeaux Ave 1,047 SF of Retail Space Available in Albertville, MN 55301
Highlights
- Anchored by Coborn's
- Other national tenants include Great Clips, Papa Murphy's Pizza, Snap Fitness and Edward Jones
- Located at the intersection of 57th Street NE and Labeaux Ave NE
- Population exceeds 32,200 in a three-mile radius with an average household income greater than $134,600
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 202 | 1,047 SF | 1-10 Years | $44.08 CAD/SF/YR $3.67 CAD/SF/MO $46,152 CAD/YR $3,846 CAD/MO | Triple Net (NNN) |
5676 LaCentre Ave - 1st Floor - Ste 202
Retail space available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchored by Coborn's.
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 Albertville Crossing
- Tenant
- Description
- US Locations
- Reach
- HealthSource Chiropractic
- Health Care
- 290
- National
- Snap Fitness 24/7
- Fitness
- 1,152
- National
| Tenant | Description | US Locations | Reach |
| HealthSource Chiropractic | Health Care | 290 | National |
| Snap Fitness 24/7 | Fitness | 1,152 | National |
Property Facts
About the Property
Albertville Crossing is a grocery-anchored shopping center located in the heart of Albertville, MN at 5600-5721 Labeaux Avenue. This retail space is situated at the bustling intersection of 57th Street NE (6,700 VPD) and Labeaux Ave NE (11,700 VPD). The thriving city of Albertville, situated just 30 minutes northwest of Minneapolis, has become a magnet for businesses seeking growth and expansion opportunities. Albertville Crossing is anchored by Coborn's, one of the region's leading grocery chains. In addition to Coborn's, Albertville Crossing hosts a roster of national, regional and local tenants, including Great Clips, Papa Murphy's Pizza, Snap Fitness, and Edward Jones. This diverse range of services ensures that visitors have access to a one-stop-shop for their essentials, making their shopping experience convenient and enjoyable. The surrounding area maintains a solid customer base, with a population exceeding 28,700 within a three-mile radius from the shopping center. The average household income in this catchment area is greater than $122,000, providing businesses with a strong potential for growth and expansion.
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Albertville Crossing | 5698 Labeaux Ave
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