525 N 5th St | Minneapolis, MN 55401
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- LoopNet Team
525 N 5th St
Minneapolis, MN 55401
1031 Opportunity | 20 Year Net Leased · Sports & Entertainment Property For Sale
·
36,450 SF
Investment Highlights
- The Fillmore at Target Field Station, am outstanding 1031 investment opportunity
- Recently constructed, state of the art venue including highly rated TRAX Burgers and Bar
- Leased for 23 years, annual rent increases, guaranteed by Live Nation, Inc.
- Adjacent to new Element Hotel, covered parking, Target Field, and light rail transit station
Property Facts
| Property Type | Sports & Entertainment | Building Size | 36,450 SF |
| Property Subtype | Theater/Concert Hall | No. Stories | 2 |
| Building Class | C | Year Built | 2020 |
| Lot Size | 0.84 AC | Parking Ratio | 41.15/1,000 SF |
| Zoning | B4 - Downtown Business District | ||
| Property Type | Sports & Entertainment |
| Property Subtype | Theater/Concert Hall |
| Building Class | C |
| Lot Size | 0.84 AC |
| Building Size | 36,450 SF |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 41.15/1,000 SF |
| Zoning | B4 - Downtown Business District |
Amenities
- Bus Line
- Commuter Rail
Property Taxes
| Parcel Numbers | Improvements Assessment | $805,200 | |
| Land Assessment | $558,800 | Total Assessment | $1,364,000 |
Property Taxes
Parcel Numbers
Land Assessment
$558,800
Improvements Assessment
$805,200
Total Assessment
$1,364,000
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