The Lindsay Building Retail/Office Space in North Loop

400 N 1st St, Minneapolis, MN, 55401

Office For Lease
Floor 1, Suite 101
4,139 SF
$15.19 Annual/SF

Listing Details

Asking Rate
$15.19 Annual/SF
Total Available
4,139 SF
Rent Esc. Type
Annual Percentage
Lease Type
Net NNN
Expense Type
Tax & CAMs
NNN Expenses
$8.04
List Date
10/15/2019
Possession
Negotiable
Show Instructions
Call broker
Listing ID
23834971

The Lindsay Building Retail/Office Space in North Loop

2 North Loop Office/Retail Condos For Lease or Sale in The Lindsay Building! Can be leased or purchased individually or together. This is an excellent opportunity to own in the thriving North Loop neighborhood in Minneapolis at very affordable prices.

- Unit 101 is 4,139 rentable square feet - $23.23 p/sf NNN Lease ($15.19 Lease Rate + $4.63 Opex + $3.40 Taxes)

- Unit 102 is 6,638 rentable square feet - $23.35 p/sf NNN Lease ($15.95 Lease Rate + $4.64 Opex + $2.76 Taxes)

Total for both units is 10,777 rentable square feet

Exposed timber frame ceiling beams, exposed brick walls, incredible 12’ ceilings. Suites feature large open work spaces, conference rooms, private offices, kitchenettes, reception areas, large windows with lots of natural light in many offices creating comfortable and welcoming work spaces. 2 Restrooms in common area.

Current Owner has a parking lease for up to 18 parking stalls with the neighboring property which is available to the Buyer.

Zoned C3A – Community Activity Center District. Perfect professional or creative office / tech space, or boutique retail environment. All units are on the main level. 5 upper floors with 80 residential condo units. Turn-key and ready to use with easy street access.

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Space Details

Floor
1
Total Available
4,139 SF
Suite
101
Primary Use
Office
Condo
Yes
Is Vacant?
Yes
Annual Taxes
$3.40 in 2021

Other Listings on this Property

Office Condo For SaleFloor 1, Suite 101
4,139 SF$549,900
Office Condo For SaleFloor 1, Suite 101-102
10,777 SF$1,499,800
Office Condo For SaleFloor 1, Suite 102
6,638 SF$949,900
Office For LeaseFloor 1, Suite 102
997 - 6,638 SF

Property Highlights

Type
 Multi-Family: Mixed Use
Size
96,354 SF, 0.43 Acres
Occupancy Type
Multi-tenant (Condos)
Number of Buildings, Floors
1 , 6
Submarket
MN - Mpls CBD - Northloop

Contact

Douglas Harris

Results Commercial

Mark Hulsey

Results Commercial

Attachments

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