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Fridley Market 244-250 57th Ave NE

1,140 SF of Retail Space Available in Fridley, MN 55432

Highlights

  • Tremendous visibility along I-694 and University Ave.
  • Near Woodspring suites: An extended stay hotel.
  • Join existing tenants: Cub Foods, Duluth Trading, Pet Supplies Plus, Caribou Coffee, T-Mobile, Great Clips.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste B03
  • 1,140 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Negotiable
244-252 57th Ave NE - 1st Floor - Ste B03
Space Use
Retail
Condition
Spec Suite
Availability
90 Days
Space Size Term Rental Rate Rent Type
1st Floor, Ste B03 1,140 SF Negotiable Upon Request Upon Request Upon Request Upon Request Negotiable

244-252 57th Ave NE - 1st Floor - Ste B03

Size
1,140 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Spec Suite
Availability
90 Days

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.

SITE PLAN

SELECT TENANTS AT Fridley Market

  • Tenant
  • Description
  • US Locations
  • Reach
  • Caribou Coffee
  • Coffee
  • 834
  • International
  • Cub Foods
  • -
  • -
  • -
  • Duluth Trading Co
  • -
  • -
  • -
  • Great Clips
  • Salon/Barber/Spa
  • 6,202
  • International
  • H&R Block
  • Acctg/Tax Prep
  • 13,517
  • International
  • Original Mattress Factory
  • Furniture/Mattress
  • 151
  • National
Tenant Description US Locations Reach
Caribou Coffee Coffee 834 International
Cub Foods - - -
Duluth Trading Co - - -
Great Clips Salon/Barber/Spa 6,202 International
H&R Block Acctg/Tax Prep 13,517 International
Original Mattress Factory Furniture/Mattress 151 National

PROPERTY FACTS FOR 244-250 57th Ave NE , Fridley, MN 55432

Center Type Community Center
Parking 762 Spaces
Center Properties 5
Frontage
1,105’ on 57th Ave NE
  • 716’ on University Ave NE
Gross Leasable Area 156,112 SF
Total Land Area 16.05 AC
Year Built 1967

About the Property

Fridley Market is a grocery-anchored shopping center located approximately 7 miles north of downtown Minneapolis in the dense suburb of Fridley, MN. The shopping center is anchored by Cub Foods and Duluth Trading, enjoys tremendous visibility from Interstate 694. Other national and regional tenants at the center include Fridley Liquors, Pet Supplies Plus, Caribou Coffee, T-Mobile and Great Clips. Over 99,000 people live within a 3-mile radius where the average household income is over $82,000. Tremendous visibility from I-694 (141,000 vpd) and University Avenue (37,000 vpd). Near Home Depot, with over 100,000 people in 3 mile radius where average HH income is over $69,000.

  • Freeway Visibility
  • Signalized Intersection

Nearby Major Retailers

Cub Foods
Starbucks
Huntington National Bank
Noodles & Company
U.S. Bank
Applebee's
Bank of America
ALDI
Planet Fitness
  • Listing ID: 12490510

  • Date on Market: 5/18/2023

  • Last Updated:

  • Address: 244-250 57th Ave NE, Fridley, MN 55432

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