2929 21st Ave

2929 21st Ave, Minneapolis, MN 55407

MULTIFAMILY For Lease

Year Built: 1961

Floors: 1

Available Spaces

SpaceSizeTypePricing
Retail for Lease in Hi-Lake Shopping Center LEASE Contact for pricing

Contact

Greg Croucher - Wellington Management Inc

PHONE: 6519995515

Description

The Hi-Lake Shopping Center has been a part of the Phillips community for more than 50 years. Wellington purchased the eight-acre property in 2004 and began a major repositioning and renovation, which included a new canopy, facade, storefronts, parking lot, landscaping and two separate buildings in the outlots along Lake Street. The light rail-adjacent shopping center was again restored in 2020-2021 after the Lake Street riots and welcomed a new Burlington. The property is part of Wellington’s larger portfolio of work along the Lake & Hiawatha corridors. This roughly 25-acre area includes 424 transit-oriented residential units with shoppers looking to meet their daily needs close to home. Retailers enjoy significant foot traffic from these residents and light rail riders, as well as due to the property’s high visibility on busy Hiawatha Avenue.