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4343 Nicollet Ave
Minneapolis, MN 55409

Foundation Partners Group · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • The property is leased to a single tenant on an absolute NNN lease, which has over 8 years of term remaining and features annual rent escalations
  • FPG had over $223 million in revenue in 2022 and serves more than 150,000 families annually across 260 locations in 21 states
  • Within a three-mile radius, with the average household income and population are over $122,000 and over 220,000, respectively
  • The lease is signed directly with FPG Intermediate Holdco, LLC, the holding company for all of Foundation Partner Group’s (FPG) subsidiaries
  • The property sits less than a quarter-mile from I-35W, which carries approximately 200,000 VPD

PROPERTY FACTS

Property Type
Retail
Property Subtype
Funeral Home
Building Size
11,250 SF
Building Class
C
Year Built
1955
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
14’
Building FAR
0.74
Lot Size
0.35 AC
Zoning
C

AMENITIES

  • Signage

PROPERTY TAXES

  • Listing ID: 30019138

  • Date on Market: 11/9/2023

  • Last Updated:

  • Address: 4343 Nicollet Ave, Minneapolis, MN 55409