FOR LEASE 400 N 1ST ST, SUITES 102, 103, & 104 ......400 N 1ST ST, SUITES 102, 103, & 104,...
Transcript of FOR LEASE 400 N 1ST ST, SUITES 102, 103, & 104 ......400 N 1ST ST, SUITES 102, 103, & 104,...
FOR LEASE 400 N 1ST ST, SUITES 102, 103, & 104MINNEAPOLIS, MN 55401
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
OFFERING SUMMARY
Available SF: 997 - 6,638 SF
Lease Rate: $13.07 - 15.95 SF/yr
(NNN)
Year Built: 1900
Building Size: 12,948 SF
Zoning: C3A - Community
Activity Center District
Market: North Loop
Traffic Count: 7,940
The Lindsay Building - For Lease - Suites: 102, 103, & 104. Retail & Office Suites Available from: 997 SF - 6,638SF in The Lindsay Building - Prime North Loop Location. Three (3) units For Lease. Suite 102 = 6,638 SF(divisible to 997 SF), Suite 103 = 1,083 SF, Suite 104 = 1,086 SF. Contiguous SF of up to 6,638 SF. Suite 102 canbe subdivided (divisible down to ~997 SF - base lease rate may vary depending on the subdivided space)to allow for many potential floor plan configurations. Fifteen (15) parking spaces available for leaseimmediately next door for employees only (not customers). Additional parking options in the area forcustomers or additional employee parking.
The Lindsay Building features beautiful and historic exposed timber frame ceiling beams, exposed brickwalls, and incredible 12’ ceilings. This is an excellent opportunity to lease in the thriving North Loopneighborhood in Minneapolis at a reasonable lease rate. Zoned C3A – Community Activity Center District.Perfect creative office / tech space, or boutique retail environment. Building Tenants include: 1st Floor:Fulcrum Consulting; 5 upper floors are residential condo units. Floor plans available.
Suites feature large open work spaces, conference rooms, private offices, kitchenettes, reception areas,large windows with lots of natural light in many offices creating comfortable and welcoming work spaces.Restrooms in Suite 103 and common area restrooms in hallway for other suites. Turn-key and ready to usewith easy street access.
PROPERTY OVERVIEW
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
EXECUTIVE SUMMARY
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
LEASE RATE $13.07 - 15.95 SF/YR
LOCATION INFORMATION
Building Name The Lindsay Building
Street Address 400 N 1st St, Suites 102, 103, & 104
City, State, Zip Minneapolis, MN 55401
County/Township Hennepin/29
Market North Loop
Cross Streets N 4th Ave
Range 24
Section 22
Side Of Street Northwest
Road Type Paved
Market Type Large
Nearest Airport MSP
PROPERTY DETAILS
Zoning C3A - Community Activity Center District
Lot Size 0 SF
APN# 2202924140554
Corner Property Yes
Traffic Count 7,940
Traffic Count Street N 1st St
Traffic Count Frontage 120
PARKING & TRANSPORTATION
Street Parking Yes
Parking Price Per Month $125/month
Parking Type Surface
Number Of Spaces 15
Parking Description 15 parking spaces currently available for
employees only. Parking is $125/month per stall
with 2.5% annual increases. Parking is located
immediately next to property in Freight-Yard
Townhomes and Flats. Parking photo/info in OM.
Additional parking options in the area for
customers or additional employee parking.
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
PROPERTY DETAILS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
BUILDING INFORMATION
Floor Size 12,948 SF
Building Class B
Tenancy Multiple
Number Of Floors 6
Year Built 1900
Gross Leasable Area 12,948 SF
Construction Status Existing
Exterior Walls Brick
Property Highlights - The Lindsay Building. Office & Retail Suites
- 997 SF – 6,638 SF; Parking Available
- Main Level, First Floor Suites
- Beautiful Suites with Exposed Brick & Timber
- 12’ Exposed Timber Frame Ceilings
- High-Demand North Loop Location
UTILITIES & AMENITIES
Number Of Elevators 1
Exterior Description Built in 1900, the Lindsay Building is a large red brick
warehouse style structure with green paned arched
windows and stone at the base of the building.
Interior Description The interior of The Lindsay Building is accented by
exposed brick walls and large timber frame columns
and ceilings.
Utilities Description Units are equipped with hot water baseboard
heating that is included in operating expenses. Air
handlers capable of heating and cooling are also
installed in each of the units.
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
PROPERTY DETAILS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
SUITE SIZE (SF) LEASE RATE DESCRIPTION
Suite 102 997 - 6,638 SF $15.95 SF/yr Operating Expenses: $4.13/SF & Taxes: $3.42/SF. NNN Rate Equivalent to $23.50/SF Gross. Base lease rate may vary depending on the subdivided space.
Suite 103 1,083 SF $13.07 SF/yr Operating Expenses: $4.26/SF & Taxes: $5.17/SF. NNN Rate Equivalent to $22.50/SF Gross.
Suite 104 1,086 SF $13.56 SF/yr Operating Expenses: $4.01/SF & Taxes: $4.92/SF. NNN Rate Equivalent to $22.50/SF Gross.
LEASE TYPE | NNN
TOTAL SPACE | 997 - 6,638 SF
LEASE TERM | Negotiable
LEASE RATE | $13.07 - $15.95 SF/yr
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
AVAILABLE SPACES
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
FLOOR PLANS *LARGE PDF FLOOR PLANS AVAILABLE UPON REQUEST*
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
PARKING - UP TO 15 SPACES AVAILABLE NEXT TO THE LINDSAY BUILDING
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
DRONE EXTERIOR PHOTO
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
EXTERIOR PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
COMMON AREA PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
SUITE 102 PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
SUITE 102 PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
SUITE 103 PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
SUITE 104 PHOTO
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
C3A ZONING INFORMATION
The C3A Community Activity Center District is established to provide for the development of major urban activity andentertainment centers with neighborhood scale retail sales and services. In addition to entertainment and commercial uses,residential uses, institutional and public uses, parking facilities, limited production and processing and public services and utilitiesare allowed.
More information on C3A can be found at:
https://library.municode.com/mn/minneapolis/codes/code_of_ordinances?nodeId=MICOOR_TIT20ZOCO_CH548CODI_ARTIVC3COACCEDI_548.320PU
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
ZONING
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
VEHICLES PER DAY400 N 1st St - 7,300 Vehicles/day
Cross Roads:N Washington Ave - 19,400 Vehicles/day
N 2nd St - 3,750 Vehicles/day
N 3rd Ave - 6,200 Vehicles/day
West River Pkwy - 4,803 Vehicles/day
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
TRAFFIC COUNTS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
LOCATION MAPS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
RETAILER MAP
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
RETAILER MAP
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
CITY OF MINNEAPOLIS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
POPULATION 0.25 MILES 0.5 MILES 1 MILE
Total population 802 3,640 15,668
Median age 31.7 35.5 35.7
Median age (Male) 31.6 34.2 35.5
Median age (Female) 31.9 38.1 37.8
HOUSEHOLDS & INCOME 0.25 MILES 0.5 MILES 1 MILE
Total households 490 1,979 8,295
# of persons per HH 1.6 1.8 1.9
Average HH income $105,176 $99,816 $89,098
Average house value $478,969 $350,580 $324,272
* Demographic data derived from 2010 US Census
THE LINDSAY BUILDING400 N 1ST ST, SUITES 102, 103, & 104, MINNEAPOLIS, MN 55401
DEMOGRAPHICS MAP & REPORT