1011 W Lake St

1011 W Lake St, Minneapolis, MN 55408

RETAIL For Sale

Year Built: 2009

Floors: 1

Available Spaces

SpaceSizeTypePricing
2-Tenant Retail Building for Sale SALE $2,575,000.00

Contact

Tim Prinsen - Newmark

PHONE: 6129636220

PHONE: 6124400010

Robert Pounds - Newmark

PHONE: 9522702497

PHONE: 9522702497

Description

Newmark Group (“Newmark”) is pleased to present the rare opportunity to acquire the 100% occupied 1015 Lake Street (the “Property”), a two tenant, 6,486 square foot retail center located adjacent to Cub Foods and CVS Pharmacy in Uptown Minneapolis. Verizon Wireless and Palm Beach Tan have been the only occupants since its construction in 2008. The Property is located on the hard-corner, signalized intersection of West Lake Street and Dupont Avenue South, midway between the dynamic Hennepin/Lake and Lyn/Lake entertainment and retail hubs of Uptown. The Uptown neighborhood is a rich and vibrant commercial district consisting of restaurants, boutique shops, professional services and vibrant entertainment venues. The demographic profile of the area demonstrates the appeal of the neighborhood with more than 240,000 people within three (3) miles and an average household income exceeding $119,000.