4343 Nicollet Ave | Minneapolis, MN 55409
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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
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
Land Acres
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 |
PROPERTY TAXES
Parcel Number
10-028-24-42-0082
Land Assessment
$300,500
Improvements Assessment
$581,500
Total Assessment
$882,000
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