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Executive Summary

Retail/Office Building For Sale and Lease on Nicollet Mall
Highlights and Features:
• Free-standing building
• Zoning: B4-2
• Comprehensive remodel
• Tremendous signage availability
• Ceiling Heights: 14’
• Direct/First Floor entrance on Nicollet Mall
• Ideal for Target vendors or office users needing retail exposure
• Skylights
• Skyway access
• Use of shared dock
• Ease of parking in adjacent parking ramps
• Across the street from Targets Global Headquarters
• Centrally located on Nicollet Mall in Minneapolis
• Nicollet Mall has long been downtown’s core shopping and entertainment artery
• Walk Score: Walker's Paradise (97)
• Walking distance to the city’s most prominent sports, art, dining, and entertainment venues, most notably The Orpheum, Target Field, Target Center, US Bank Stadium, The Guthrie, Walker Art Center, and Orchestra Hall
• Co-tenant: MGA
Available For Sale: 17,100 SF (Land 0.13 acres)
• 2023 Tax: $87,235.54
• Sale Price: Negotiable
Available For Lease:
• First Floor: 5,202 RSF
• Second Floor: 6,696 RSF
• Lower-Level: 5,202 RSF
• Lease Rate: low $20’s with generous TI package for longer term lease
• 2023 CAM: $5.29 psf Tax: $4.83 psf
Virtual Tour: https://app.nordyphoto.com/sites/dlxrwnj/unbranded

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,100 SF
Building Class
C
Year Built/Renovated
1914/2017
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.20 AC
Zoning
B4-2
Frontage
52’ on Nicollet

Amenities

  • Bus Line
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Lower Level
  • 5,202 SF
  • Office/Retail
  • -
  • 30 Days
  • 1st Floor
  • 5,202 SF
  • Retail
  • End Cap
  • 30 Days

The asking rent for this space in the low $20's with a generous TI package for a tenant that signs a longer lease term. Included, at no-charge is 2,885 RSF of Lower-Level Storage.

  • 2nd Floor
  • 6,696 SF
  • Office/Retail
  • -
  • 30 Days
Space Size Space Use Position Available
Lower Level 5,202 SF Office/Retail - 30 Days
1st Floor 5,202 SF Retail End Cap 30 Days
2nd Floor 6,696 SF Office/Retail - 30 Days

Lower Level

Size
5,202 SF
Space Use
Office/Retail
Position
-
Available
30 Days

1st Floor

Size
5,202 SF
Space Use
Retail
Position
End Cap
Available
30 Days

2nd Floor

Size
6,696 SF
Space Use
Office/Retail
Position
-
Available
30 Days

Lower Level

Size 5,202 SF
Space Use Office/Retail
Position -
Available 30 Days

1st Floor

Size 5,202 SF
Space Use Retail
Position End Cap
Available 30 Days

The asking rent for this space in the low $20's with a generous TI package for a tenant that signs a longer lease term. Included, at no-charge is 2,885 RSF of Lower-Level Storage.

2nd Floor

Size 6,696 SF
Space Use Office/Retail
Position -
Available 30 Days

Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100

Nearby Major Retailers

Caribou Coffee
Starbucks
Dunn Brothers Coffee
Huntington Bank
Northern Trust
Wells Fargo
Bank of America
U.S. Bank
Charles Schwab
Chase Bank

Property Taxes

Property Taxes

Parcel Number
27-029-24-12-0094
Land Assessment
$2,194,192 CAD (2024)
Improvements Assessment
$991,058 CAD (2024)
Total Assessment
$3,185,250 CAD (2024)
  • Listing ID: 30402605

  • Date on Market: 2023-12-19

  • Last Updated:

  • Address: 815 Nicollet Mall, Minneapolis, MN 55402

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