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11709413

250 Portland Ave, Minneapolis, MN 55415 For Lease

CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles
$27/SF/YR
245 days on market
Updated 35 days ago

O2 Luxury Tower

Building Details
Property Type Retail, Office
Sub Type Traditional Office
Tenancy Single
Lease Type NNN
Total Building SqFt 382,878

Spaces

Retail | Single tenant | 1,500 SqFt - 5,500 SqFt

Building description

+ 5,500rsf approx total vacant for lease on first floor facing Washington and Portland.

+ The suite is ideal for a restaurant use.

+ Divisible to 1,500sf approx.

+ Currently the suite is wide open space from the building construction completion in 2024.

+ This is first floor of a 20 story luxury apartment building.

+ $27.00 NNN per square foot per year base rent.

+ $10.00 per square foot per year tax/cam/ops.

+ Tenant responsible for its own in suite janitorial.

+ Utilities are tenant’s responsibility.

+ HVAC repairs replacement maintenance a tenant responsibility. The existing HVAC units are brand new.

+ Both suites have entrances on the sidewalk. There is some patio seating room.

+ Restrooms are to be built private to the suite.

+ Sprinklered suite.

+ Handicap accessible.

+ Large windows facing Washington and Portland.

+ Very high clear space.

+ Landlord willing to provide a generous improvement allowance.

Building highlights

+ Walking distance to additional retail, food, and business services.

+ Walk to the light rail stop, the Mississippi River walking/biking trails, and Gold Medal Park.

+ Neighbors include Starbucks, Trader Joes, Eagle Mpls Bar, Core Power Yoga, Caribou Coffee, etc.

+ Surface parking areas and on street parking.

+ Landlord: www.shermanassociates.com. Over 40 years of experience as one of the largest developer landlords in the Midwest.

+ Managed by Sherman Associates. Headquarters close by.

+ Security guard service provided in the common areas.

+ Area hotels within walking distance include Canopy, Radisson Red, Residents Inn, Aloft, etc.

+ Large area corporations within walking distance include CSM headquarters, Wells Fargo regional offices, Ryan Companies headquarters, Thrivent’s headquarters, McKnight headquarters, Sherwin Williams regional offices, HCMC, Minneapolis City Hall, etc.

+ Near numerous large residential buildings and US Bank Stadium.

+ Walking distance to arts centers including: Guthrie Theater, MacPhail Arts, The Armory, Mill City Museum, etc.

+ Coop brokers welcome.

Listing Contacts

CBRE - Downtown Los Angeles
Listed by CBRE - Downtown Los Angeles

Property History

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