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Midway Marketplace 1390-1440 W University Ave 62,068 - 124,136 SF of Retail Space Available in Saint Paul, MN 55104
HIGHLIGHTS
- Centrally located within the Midway trade area between downtown Minneapolis and St. Paul
- Prime retail, restaurant, entertainment, and office corridor
- Each floor has a clear heigh of 17’6” and is divisible with excellent loading facilities
- Positioned alongside Allianz Field (19,400 seats) and one of the largest urban redevelopment projects in the State
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 62,068 SF | 17’ - 17’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 2nd Floor | 62,068 SF | 17’ - 17’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1400 University Ave - 1st Floor
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 124,136 SF of adjacent space
- Central Air and Heating
- Finished Ceilings: 17’ - 17’6”
- 124,136 SF between two levels; + 62,000 SF per FL
1400 University Ave - 2nd Floor
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 124,136 SF of adjacent space
- Finished Ceilings: 17’ - 17’6”
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 124,136 SF | Frontage | |
| Center Type | Power Center | Gross Leasable Area | 454,820 SF |
| Parking | 1450 Spaces | Total Land Area | 28.42 AC |
| Stores | 14 | Year Built | 1995 |
| Center Properties | 6 |
| Total Space Available | 124,136 SF |
| Center Type | Power Center |
| Parking | 1450 Spaces |
| Stores | 14 |
| Center Properties | 6 |
| Frontage | |
| Gross Leasable Area | 454,820 SF |
| Total Land Area | 28.42 AC |
| Year Built | 1995 |
ABOUT THE PROPERTY
This prime retail property is located on a high-traffic corridor in the heart of Saint Paul, Minnesota. The building boasts excellent visibility and easy access, situated along University Avenue, a major thoroughfare that connects the bustling downtown areas of both Saint Paul and Minneapolis. The property offers ample parking and is well-suited for a variety of retail uses, benefiting from a diverse surrounding neighborhood and strong foot traffic. Its strategic location near public transit, including the METRO Green Line, enhances its appeal to both businesses and customers.
- Atrium
- Bus Line
- Dedicated Turn Lane
- Food Court
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Midway Marketplace | 1390-1440 W University Ave
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