5251 Chicago Ave
Minneapolis, MN 55417
Property For Lease

HIGHLIGHTS
- Turn-Key Storefront Space in South Minneapolis
- Ample Parking
- 1,200 SF Main + 1,200 SF Unfinished Basement: 2,400 SF Total
- Available Now
PROPERTY OVERVIEW
Turn-Key Storefront Office or Retail in great South Minneapolis location. Total of about 2,400 square feet with 1,200 square feet finished on the main level + 1,200 square feet of unfinished lower level space. Main level has 5 offices with an open conference/meeting space in the back (could be a 6th office) & restroom. Lower level is unfinished and can be used for storage. Parking in the back on a first-come basis (2 spots) and additional parking behind 5257 Chicago with 6-7 spots (also owned by Landlord). Street parking is usually always available as well. Availability: current tenant (Cardinal Financial) is still in the space, but can vacate in relatively short order. Rate: $2,500/month + CAM/Tax (Water ~$75/month, Lawn/Snow ~$55/month, Property Taxes ~$437/month + Tenant’s own gas & electric). Tenant total monthly cost about $3,217/month + own gas & electric. Listing Broker to provide all tours, please do not disturb tenant. CAM/Tax Breakdown: - 50% of water (shared with office next door) ~$75/month - 25% lawn/snow removal - ~$650/year ($55/month) - 50% of property taxes - $5,244/year ($437/month) - Tenant’s own electricity & gas - Tenant total monthly cost: ~$3,121/month
PROPERTY FACTS
LINKS
Listing ID: 25484468
Date on Market: 4/15/2022
Last Updated:
Address: 5251 Chicago Ave, Minneapolis, MN 55417
The Hale Office Property at 5251 Chicago Ave, Minneapolis, MN 55417 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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