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3900 & 3920 Nicollet Avenue

19,861 SF 100% Leased Retail Building Minneapolis, MN 55409 $6,509,250 CAD ($328 CAD/SF) 7% Cap Rate

Retail Buildings Minnesota Minneapolis 3900 & 3920 Nicollet Avenue, Minneapolis, MN 55409

EXECUTIVE SUMMARY

The building was built in 1957 and renovated in 2013/2023 and now possesses an elevated and timeless design
and beautifully landscaped grounds. 3900 - 3920 Nicollet Avenue is strategically located in the heart of South
Minneapolis with close access to 35W and is just three miles from Lake Harriet. 3900 - 3920 Nicollet Avenue has
a history of high-occupancy rates. This building is currently 100% occupied. This building is home to some elite
companies, including Master Collision Group and Tower Games.

ATTACHMENTS

Marketing Brochure/Flyer

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,861 SF
Building Class
B
Year Built/Renovated
1957/2023
Price
$6,509,250 CAD
Price Per SF
$328 CAD
Cap Rate
7%
NOI
$455,647 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
C2 - Neighborhood Corridor Commercial District
1 of 1
Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Jazzercise
The YMCA
Caribou Coffee

PROPERTY TAXES

Parcel Number 10-028-24-21-0089 Improvements Assessment $0 CAD
Land Assessment $311,431 CAD Total Assessment $311,431 CAD

PROPERTY TAXES

Parcel Number
10-028-24-21-0089
Land Assessment
$311,431 CAD
Improvements Assessment
$0 CAD
Total Assessment
$311,431 CAD
(651) 214-4555

CONTACTS

  • Listing ID: 31115974

  • Date on Market: 2024-03-04

  • Last Updated:

  • Address: 3900 & 3920 Nicollet Avenue, Minneapolis, MN 55409

The Kingfield Retail Property at 3900 & 3920 Nicollet Avenue, Minneapolis, MN 55409 is currently available. Contact Colliers for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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3900 & 3920 Nicollet Avenue
(651) 214-4555 x

3900 & 3920 Nicollet Avenue

1/2

Nathan Karrick

(651) 214-4555

(651) 214-4555

Kevin O'Neill

(952) 897-7724

(952) 897-7724

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