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3536 Nicollet Ave S
Minneapolis, MN 55408
O'Reilly Auto Parts & Family Dollar · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
15,911 SF
Building Class
B
Year Built/Renovated
1961/2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
1.04 AC
Zoning
C2
Parking
84 Spaces (6.7 Spaces per 1,000 SF Leased)
Frontage
228’ on Nicollet Ave S

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

ABOUT 3536 NICOLLET AVE S , MINNEAPOLIS, MN 55408

The O’Reily Auto Parts & Family Dollar property is located just south of downtown Minneapolis, Minnesota, on Nicollet Avenue with an average of 8,300 vehicles per day. Less than a mile east of the property is Interstate Highway 35W, which sees more than 225,000 vehicles per day. Retail stores in the near area include Dollar Tree, Wells Fargo, Office Depot, McDonalds, Target, Cub Foods, Starbucks, Verizon, Kmart, Taco Bell, Caribou Coffee & many more. The property is just a short distance southwest from the Uptown area. The Uptown area, made famous in Prince's song "Uptown", centralized at Hennepin and Lake Street is a popular commercial district in southwestern Minneapolis. It is a youthful fusion of global cuisine, local retail, and lively nightlife with nature rooted just beyond the bustling main intersection. Block by block are multitudes of restaurants, bars and shops. The Chain of Lakes is the city’s most popular of many parks. (By design, no Minneapolis resident lives farther than six blocks from a park.) It’s also a key component of the Grand Rounds National Scenic Byway, a 51-mile loop composed of parkways, trails, and the Mississippi River Boulevard. It’s the only scenic byway in the country located entirely within an urban area. The chain is composed of Bde Maka Ska (formerly Lake Calhoun), Lake Harriet, Lake of the Isles, Cedar Lake and Brownie Lake. They all have bike and pedestrian paths, boating docks, boating, kayaking, gardens and picnic areas. Also available at some lakes are facilities for archery, fishing, tennis, soccer, volleyball, grills, skiing paths, ice rinks and hot food. The subject property is less than three miles south of Central Downtown Minneapolis. Minneapolis is the county seat of Hennepin County, the largest city in the state of Minnesota. Minneapolis lies on both banks of the Mississippi River, just north of the river's confluence with the Minnesota River, and adjoins Saint Paul, the state's capital. Known as the Twin Cities, the Minneapolis-St. Paul MSA is the 16th-largest metropolitan area in the U.S., with approximately 3.4 million residents. The Twin Cities metro area is home to 19 Fortune 500 companies, including Target, 3M, Medtronic, General Mills, Xcel Energy, Ameriprise Financial, and Land O’ Lakes. There are also many large private companies, including Cargill and Schwan Foods. Minneapolis and St. Paul are home to many professional sports teams, which draw fans from across the Midwest region. The metro area is also home to many institutions of higher education, most notably the University of Minnesota, which has a current enrollment over 51,000 students, making it one of the top 10 largest universities in the country. Other draws to the area include the Mall of America, the Science Museum of Minnesota, and the Minnesota Zoo.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-028-24-31-0170
Land Assessment
$911,300
Improvements Assessment
$33,088,700
Total Assessment
$34,000,000
  • Listing ID: 14689202

  • Date on Market: 12/21/2018

  • Last Updated:

  • Address: 3536 Nicollet Ave S, Minneapolis, MN 55408

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