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Caliber Collision 619 S 7th St

7,536 SF Retail Building Minneapolis, MN 55415 For Sale

Retail Space Minnesota Minneapolis 619 S 7th St, Minneapolis, MN 55415

Investment Highlights

  • Located in the heart of Downtown Minneapolis, adjacent to US Bank Stadium, Hennepin Hospital, and Minneapolis Skyway
  • 6 Years of term remains; rental bumps every 5 years - NEXT INCREASE September 2025
  • Caliber Collision - Largest National Operator with Corporate Guaranty
  • Long term occupancy history: Auto collision repair/collision center since 1947 - BELOW MARKET RENT
  • LL responsible for roof and structure: New roof installed 2022 with transferable warranty until 2042

Executive Summary

Riverwest Real Estate Group is pleased to exclusively offer this investment opportunity at 619 South 7th Street, in Downtown Minneapolis.  This Caliber Collision, Single-Tenant Net Leased Investment boasts numerous advantages for savvy investors seeking favorable terms coupled with a quality asset in an irreplaceable location.

Attachments

Caliber - 619 S 7th - Flyer

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,536 SF
Building Class
B
Year Built
1947
NOI
$143,174
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.32 AC
Zoning
B4N - Current Zoning permits building 140 vertical ft.
Parking
11 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
165 FT on S 7th St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

Links

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619 S 7th St, Minneapolis, MN - aerial map view - Image1
619 S 7th St, Minneapolis, MN - aerial map view - Image2
619 S 7th St, Minneapolis, MN - aerial map view - Image3
619 S 7th St, Minneapolis, MN - aerial map view - Image4
Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (83)
Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

U.S. Bank
Dunn Brothers Coffee
Blimpie
Ruth’s Chris Steak House
Caribou Coffee
Naf Naf Grill
F45 Training, Inc.
Starbucks
CIBC
The Oceanaire Seafood Room

PROPERTY TAXES

Parcel Number 26-029-24-23-0016 Improvements Assessment $1,000
Land Assessment $1,051,900 Total Assessment $1,052,900

PROPERTY TAXES

Parcel Number
26-029-24-23-0016
Land Assessment
$1,051,900
Improvements Assessment
$1,000
Total Assessment
$1,052,900
(312) 887-1007

Contact

  • Listing ID: 32893624

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 619 S 7th St, Minneapolis, MN 55415

More public record information on 619 S 7th St, Minneapolis, MN 55415

The Retail Property at 619 S 7th St, Minneapolis, MN 55415 is currently available for sale. Contact Riverwest Real Estate Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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619 S 7th St, Minneapolis, MN for sale Building Photo- Image 1 of 7
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Caliber Collision | 619 S 7th St
(312) 887-1007 x

Caliber Collision | 619 S 7th St

Jason Caplan

(312) 887-1007

(312) 887-1007

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