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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

Building Type
Office
Year Built/Renovated
1932/2003
Building Height
1 Story
Building Size
2,400 SF
Building Class
C
Typical Floor Size
2,400 SF
Parking
4 Surface Parking Spaces
  • Listing ID: 25484468

  • Date on Market: 4/15/2022

  • Last Updated:

  • Address: 5251 Chicago Ave, Minneapolis, MN 55417