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276-278 Water St
1,023 SF of Office Space Available in Excelsior, MN 55331
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 200 | 1,023 SF | Negotiable | $33.93 CAD/SF/YR $2.83 CAD/SF/MO $34,708 CAD/YR $2,892 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 200
Located in the affluent city of Excelsior, MN this upscale office space will bring an air of prestige to your clients and employees. It offers easy access from Hwy 7 and is only 20 minuets from downtown Minneapolis. Positioned in the heart of the historic district facing Water Street, this second level space has a uniqueness not found in most office spaces. Private offices, spacious kitchenette, conference room, and an open seating area that could be converted to additional offices, makes this space an ideal setting for most professional services. This space is perfect for marketing/advertising agencies, financial services, law offices, insurance and title companies, real estate and phycology/psychiatry services. This office space has both a front and back egress, with a deck. A plethora of windows along three sides of the space provides an abundance of natural lightning for staff and clients to create an ideal work environment. And worth mentioning are the two skylight that are located in the ceiling providing even more natural lighting. In addition, this office space is surrounded by a number of specialty shops, antique shops and a wide selection of great full & quick service restaurants. Within walking distance it is the perfect location for your employees to enjoy breaks by the beautiful park and scenery at the lake. A large parking lot in the back of the property paired with a new parking ramp structure located in close proximity of the building makes this space convenient your employees and or client's to arrive and depart from your office.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- deck with views
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 276-278 Water St , Excelsior, MN 55331
| Property Type | Retail | Gross Leasable Area | 7,682 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1920 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,682 SF |
| Year Built | 1920 |
Nearby Major Retailers
Presented by
The Real Estate Group, LLC
276-278 Water St
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