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501 Washington Ave S 501-509 S Washington Ave
1,821 - 9,161 SF of Space Available in Minneapolis, MN 55415
Highlights
- Near the Metro Green & Blue transit lines.
- Free short-term parking.
- Many walkable amenities including dining, US Bank Stadium and the Mississippi River Front.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 150 | 1,821 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 3rd Floor, Ste 300 | 2,800-7,340 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 150
Located along Washington Avenue diagonal from The Depot and city owned parking ramp. The space has a drop ceiling, 2 entrances (one interior, one exterior), drop ceiling, one restroom. The space faces Washington Avenue. One restrooms, building signage, guest parking. Formerly occupied by a tanning salon. Searching for a retail or office user. The space has been occupied by a temporary tenant and will be available for re-lease October 1, 2024. Make an inquiry today! Caribou Coffee, Crooked Pint Ale House restaurant, Subway located on the first floor. The Bazemnt Lounge located on the lower level.
- Located in-line with other retail
- Central Air Conditioning
- Security System
- Building Signage
- Guest parking
3rd Floor, Ste 300
Located along Washington Avenue diagonal from The Depot and city owned parking ramp. The third floor space currently has an open floor plan with up to 7,340sf of divisible space available. The beautiful brick and timber interior. High ceiling. Lots of window/glass line. Distinct views of the downtown skyline facing west. High ceilings, natural lighting and lots of windows, columns. The space faces the northwest direction. Open floor plan, elevator, two sets of restrooms, stairway access (front and rear), building signage, guest parking. Inquire today! Looking for office, tech user, creative business types of users. Also, with the US Bank stadium and the light rail several blocks away, any business which feeds off of the stadium would be acceptable. Caribou Coffee, Crooked Pint Ale House restaurant, Subway located on the first floor. The Bazemnt Lounge located on the lower level.
- Mostly Open Floor Plan Layout
- Fits 7 - 59 People
- Space In Need of Renovation
- Elevator Access
- Corner Space
- High Ceilings
- Natural Light
- Building Signage
- Natural lighting, windows, high ceiling
- Guest parking
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 501 Washington Ave S
- Tenant
- Description
- US Locations
- Reach
- Caribou Coffee
- Coffee
- 853
- International
- CorePower Yoga
- Fitness
- 281
- National
- Crooked Pint Ale House
- Restaurant
- 9
- National
- Subway
- Sub Sandwich
- 35,896
- International
| Tenant | Description | US Locations | Reach |
| Caribou Coffee | Coffee | 853 | International |
| CorePower Yoga | Fitness | 281 | National |
| Crooked Pint Ale House | Restaurant | 9 | National |
| Subway | Sub Sandwich | 35,896 | International |
PROPERTY FACTS FOR 501-509 S Washington Ave , Minneapolis, MN 55415
| Min. Divisible | 1,821 SF | Year Built/Renovated | 1930/2003 |
| Property Type | Retail | Parking Ratio | 0.82/1,000 SF |
| Property Subtype | Health Club | Cross Streets | S 5th Ave |
| Gross Leasable Area | 33,503 SF |
| Min. Divisible | 1,821 SF |
| Property Type | Retail |
| Property Subtype | Health Club |
| Gross Leasable Area | 33,503 SF |
| Year Built/Renovated | 1930/2003 |
| Parking Ratio | 0.82/1,000 SF |
| Cross Streets | S 5th Ave |
About the Property
Downtown Minneapolis office/retail property with on-site parking located on Washington Avenue.
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
-
Lisa Diehl -
Diehl & Partners, LLC
Learn More About Leasing Retail Properties
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501 Washington Ave S | 501-509 S Washington Ave
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