This Retail Property is no longer advertised on LoopNet.com.

4343 Nicollet Ave
Minneapolis, MN 55409
Foundation Partners Group · Retail Property For Sale

Investment Highlights

  • The property is leased to a single tenant on an absolute NNN lease, which has over 8 years of term remaining and features annual rent escalations
  • FPG had over $223 million in revenue in 2022 and serves more than 150,000 families annually across 260 locations in 21 states
  • Within a three-mile radius, with the average household income and population are over $122,000 and over 220,000, respectively
  • The lease is signed directly with FPG Intermediate Holdco, LLC, the holding company for all of Foundation Partner Group’s (FPG) subsidiaries
  • The property sits less than a quarter-mile from I-35W, which carries approximately 200,000 VPD

Property Facts

Property Type
Retail
Property Subtype
Funeral Home
Building Size
11,250 SF
Building Class
C
Year Built
1955
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
13’9”
Building FAR
0.74
Lot Size
0.35 AC
Zoning
C
Frontage
120’ on Nicollet Ave

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
10-028-24-42-0082
Land Assessment
$300,500
Improvements Assessment
$619,800
Total Assessment
$920,300
  • Listing ID: 30019138

  • Date on Market: 11/9/2023

  • Last Updated:

  • Address: 4343 Nicollet Ave, Minneapolis, MN 55409

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}