RETAIL PROPERTY FOR LEASE - LoopNet · 612.913.5654 612.351.4149 jim.rock@avisonyoung.com...

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Transcript of RETAIL PROPERTY FOR LEASE - LoopNet · 612.913.5654 612.351.4149 jim.rock@avisonyoung.com...

Jim Rock Angela DemontePrincipal Senior Associate612.913.5654 612.351.4149jim.rock@avisonyoung.com angela.demonte@avisonyoung.com

1664 SUBURBAN AVESAINT PAUL, MN

RETAIL PROPERTY FOR LEASE

OPPORTUNITY

Signage on Building and Monument

Highly Visible

Ample Parking

Adjacent to Target

Dock Access

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Jim Rock Angela DemontePrincipal Senior Associate612.913.5654 612.351.4149jim.rock@avisonyoung.com angela.demonte@avisonyoung.com

PROPERTY OVERVIEW

Request Confidentiality Agreement for Full Offering Memorandum

PROPERTY HIGHLIGHTS

• Signage on Building and Monument

• Highly Visible

• Ample Parking

• Adjacent to Target

• Dock Access

• Highly visible from both direction off of Interstate 94

• Easy Access from Interstate 94 via White Bear Ave

• Multiple Suites Available

• Local Owner and Management

• Ample Public Transit

• Base Rent: Negotiable

• 2019 CAM / Taxes: $6.94 Per Square Foot

OFFERING SUMMARY

Sale Price: $6,100,000

Lease Rate: $12.00 - 15.00 SF/yr (NNN)

Building Size: 39,381 SF

Available SF: 1,517 - 4,909 SF

Lot Size: 2.57 Acres

Year Built: 1987

Renovated: 2016

1664 Suburban Ave Saint Paul, MN 55106Retail Property For Lease

1664 Suburban Ave Saint Paul, MN 55106Retail Property For Lease

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Jim Rock Angela DemontePrincipal Senior Associate612.913.5654 612.351.4149jim.rock@avisonyoung.com angela.demonte@avisonyoung.com

* Demographic data derived from 2010 US Census

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 15,628 111,641 277,051

MEDIAN AGE 30.8 30.4 32.7

MEDIAN AGE (MALE) 27.3 29.0 31.5

MEDIAN AGE (FEMALE) 33.0 31.6 33.8

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 6,340 39,862 104,506

# OF PERSONS PER HH 2.5 2.8 2.7

AVERAGE HH INCOME $51,078 $53,177 $58,491

AVERAGE HOUSE VALUE $185,109 $201,475 $216,554

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Jim Rock Angela DemontePrincipal Senior Associate612.913.5654 612.351.4149jim.rock@avisonyoung.com angela.demonte@avisonyoung.com

SUITE TENANT SIZE (SF) LEASE TYPE LEASE RATE

Suite 1678 Available 4,909 SF NNN Negotiable

Suite 1684 Available 2,384 SF NNN Negotiable

1672 Suburban Available 1,517 SF NNN $12.00 - $15.00 SF/yr

1664 Suburban Ave Saint Paul, MN 55106Retail Property For Lease

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Jim Rock Angela DemontePrincipal Senior Associate612.913.5654 612.351.4149jim.rock@avisonyoung.com angela.demonte@avisonyoung.com

1664 Suburban Ave Saint Paul, MN 55106Retail Property For Lease

The information contained herein was obtained from sources believed reliable; however, Avison Young makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Thepresentation of this property is submitted subject to errors, omissions, changes of price or conditions prior to sale or lease, or withdrawal without notice.

Jim Rock Angela DemontePrincipal Senior Associate612.913.5654 612.351.4149jim.rock@avisonyoung.com angela.demonte@avisonyoung.com

1664 Suburban Ave Saint Paul, MN 55106Retail Property For Lease