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2810 E 50th St
1,450 SF of Retail Space Available in Minneapolis, MN 55417
Highlights
- ± 1,450 SF
- ***OPEN TO SHORT TERM LEASE***
- ± 0.18 Acres
- Directly Adjacent to Lake Nokomis
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,450 SF | 1-3 Years | $28.00 /SF/YR $2.33 /SF/MO $40,600 /YR $3,383 /MO | Modified Gross |
1st Floor
Nokomis Retail/Office and Outdoor Storage for lease!
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Specialty Space
- Space In Need of Renovation
- *Open to short term lease*
- Option for outdoor storage
- High Foot Traffic
- Located in South Minneapolis
- Across the street from Lake Nokomis
- Excellent Demographics
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.
PROPERTY FACTS FOR 2810 E 50th St , Minneapolis, MN 55417
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Auto Repair | Parking Ratio | 6.9/1,000 SF |
| Gross Leasable Area | 1,450 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 1,450 SF |
| Year Built | 1949 |
| Parking Ratio | 6.9/1,000 SF |
About the Property
This property presents an ideal location, offering unmatched proximity to Lake Nokomis. Boasting easy access to a wide range of recreational amenities, including swimming, fishing, and boating, the property caters to an active and adventurous tenant community. This premier location offers an opportunity for businesses looking to capture the excellent community as customers or employees. Ownership is open to a short term lease. Discover the vibrant atmosphere of the Minneapolis/St. Paul market surrounding the property. Situated in a bustling area with high foot traffic, this location offers prime exposure for retail tenants. Enjoy close proximity to popular destinations such as the Mall of America, known for its extensive retail options and entertainment facilities. Additionally, the nearby Minneapolis-St. Paul International Airport ensures a steady flow of tourists and locals alike. With a diverse array of dining, entertainment, and shopping options, the area provides an enticing opportunity for retailers looking to establish a dynamic presence in this thriving market.
- Bus Line
- Corner Lot
- Signage
- Storage Space
Nearby Major Retailers
Learn More About Leasing Retail Properties
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2810 E 50th St
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