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651 Nicollet Mall - 7th & Nic 26,170 SF Office/Medical Condo Unit Offered at $3,140,820 CAD in Minneapolis, MN 55402

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INVESTMENT HIGHLIGHTS

Located in the heart of Downtown Minneapolis along the Skyway, 7th & Nic offers a prestigious Class A office condominium within Gaviidae Common.
Currently set up for office use, Unit 300 offers limitless potential for specialized retailers, educational centers, medical practices, and more.
Prospective owners benefit from immediate access to light and commuter rail transit at Nicollet Mall Station, and NorthStar's Target Field Station.

Unit 300 provides 26,170 square feet of flexible office space with 16-foot ceilings, and exclusive elevator access, ideal for a corporate headquarters
Adjacent to Minneapolis's iconic Crystal Court and IDS Center, Unit 300 enjoys prime visibility at the corner of 7th Street and Nicollet Mall.
With proximity to a vibrant downtown scene, 7th & Nic ensures tenants an array of amenities and entertainment options steps away from the workplace.

EXECUTIVE SUMMARY

7th & Nic is a Class A office condominium project situated within Gaviidae Common, a sprawling retail center occupying 291,535 square feet across two and a half blocks along Nicollet Mall, between 5th and 7th Streets in Downtown Minneapolis. The complex is seamlessly integrated into the city's extensive 64-block skyway bridge system, facilitating convenient access to the downtown core. Gaviidae Common's centerpiece is an atrium adorned with a celestial motif inspired by Minnesota's northern sky. Among its notable features are a Walgreens store and the Dayton YMCA. Strategically positioned adjacent to the iconic Crystal Court and the award-winning urban park of IDS Center, 7th & Nic benefits from its prime location on the Minneapolis Skyway. Nicollet Mall, renowned as downtown's central hub for shopping and entertainment, has been revitalized to enhance the experience for visitors, employees, and the area's growing residential community. Employers here benefit from proximity to approximately 143,948 daytime workers within a mile radius, ensuring a robust labor pool. The property offers excellent transportation connectivity, with Nicollet Mall Station just three minutes away, NorthStar's Target Field Station reachable by a 14-minute walk, and Minneapolis–St. Paul International Airport is a 22-minute drive. Its unparalleled access to Interstates 94, 394, and 35W further enhances its appeal as a premier business location in Minneapolis.

PROPERTY FACTS

Total Building Size	299,960 SF	Typical Floor Size	26,000 SF
Property Type	Office (Condo) Flex Showroom OfficeLoft Creative Space Office Medical	Year Built	1988
Building Class	A	Lot Size	1.53 AC
Floors	5	Parking Ratio	1.63/1,000 SF
Zoning	B4-2

Total Building Size	299,960 SF
Property Type	Office (Condo) Flex Showroom OfficeLoft Creative Space Office Medical
Building Class	A
Floors	5
Typical Floor Size	26,000 SF
Year Built	1988
Lot Size	1.53 AC
Parking Ratio	1.63/1,000 SF
Zoning	B4-2

Convenience Store
Day Care
Fitness Center

Property Manager on Site
Security System

Skylights
Skyway

Air Conditioning
Smoke Detector

1 UNIT AVAILABLE

Unit 300

Unit Size	26,170 SF	Condo Use	Office/Medical
Price	$3,140,820 CAD	Sale Type	Owner User
Price Per SF	$120.02 CAD

Unit Size	26,170 SF
Price	$3,140,820 CAD
Price Per SF	$120.02 CAD
Condo Use	Office/Medical
Sale Type	Owner User

DESCRIPTION

Unit 300 is a modern office condominium spanning a whole floor of 26,170 square feet in Downtown Minneapolis. The space features 16-foot ceilings, private restrooms with showers, and exclusive elevator access. Shared with only one other tenant, its Skyway lobby presents a unique branding opportunity for the property's buyer.

Additionally, Unit 300 boasts an open plan layout, an existing kitchen, and prominent signage at the corner of 7th Street and Nicollet Mall, adjacent to The Dayton's Project, IDS, and City Center. This prime location is ideal for establishing a new corporate headquarters, offering extensive customization possibilities tailored to various corporate needs.

While the space is currently configured for office use, the future build-out possibilities are limitless. This prime location is ideal for specialized retailers, educational centers or schools, and various medical uses, such as cosmetic surgery clinics, cryotherapy facilities, physical therapy providers, and more.

Access to the third floor of 7th & Nic is facilitated through a secure and inviting elevator lobby strategically situated within the Minneapolis Skyway System for optimal accessibility and visibility. This private elevator also provides access to the Gaviidae Common public parking garage below the building. With its exceptional connectivity and proximity to the thriving Nicollet Mall and Minneapolis Skyway system, 7th & Nic offers endless potential for various commercial and professional ventures.

SALE NOTES

Unit 300 at 7th & Nic is poised to attract users seeking to own and occupy top-tier Class A commercial space in the heart of Minneapolis's Central Business District (CBD). Amid a market characterized by ongoing space availability, owning over 25,000 square feet of prime real estate in this location offers a rare opportunity to transform the space for various future uses. Tenants will benefit from proximity to a wealth of downtown amenities, including popular dining destinations such as Noa, Zelo, and Manny’s, various retail outlets, vibrant nightlife options, and cozy cafes.