This Retail Property is no longer advertised on LoopNet.com.
4343 Nicollet Ave
Minneapolis, MN 55409
Foundation Partners Group · Retail Property For Sale
![4343 Nicollet Ave, Minneapolis, MN for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/fQSPZIPVVPuW_CuCg0_PDsi9tafR5N57FfiT3WR1pso/110/4343-Nicollet-Ave-Minneapolis-MN-Building-Photo-1-Large.jpg)
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
- General Retail Freestanding
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
Parcel Number | 10-028-24-42-0082 | Improvements Assessment | $581,500 |
Land Assessment | $300,500 | Total Assessment | $882,000 |
Listing ID: 30019138
Date on Market: 11/9/2023
Last Updated:
Address: 4343 Nicollet Ave, Minneapolis, MN 55409
The Kingfield Retail Property at 4343 Nicollet Ave, Minneapolis, MN 55409 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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