Groove Lofts
Spaces
Retail | Single tenant | 1,600 SqFt
Building description
+ 1,600rsf approx. total vacant for lease on skyway level facing 2nd Ave South.
+ Next to the skyway from Capella Tower to NorthStar Center.
+ The suite is ideal for a retailer, QSR, business service, etc.
+ Currently the suite is a wide open space with no interior walls.
+ This is skyway level of 10 story newly renovated Groove Lofts apartment building.
+ $20.00 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 is included in operating expenses. The HVAC serving the suite was recently renovated.
+ The suite is near the escalators that take you to and from the first floor of newly renovated NorthStar Center.
+ Restrooms are common and already built in the residential tower for employees only.
+ Sprinklered suite.
+ Handicap accessible.
+ Large windows facing the skyway and 2nd Avenue South.
Building highlights
+ Landlord willing to provide a generous improvement allowance.
+ Walk to the nearby light rail stop.
+ Ramp parking available on site for a charge.
+ Managed by Sherman Associates. Headquarters close by.
+ Security guard service provided in the common areas.
+ Landlord: www.sherman-associates.com. Over 40 years of experience as one of the largest developer landlords in the Midwest.
+ Indigo Hotel (newly remodeled) is adjacent on the same block. Numerous other hotels on neighboring blocks.
+ Walking distance to additional retail, food, business services, Minneapolis Athletic Club, Minneapolis Club, etc.
+ Neighbors include Krona Café, NorthStar Cafeteria, Walkin’ Dog, General Store, Mother Dough, Andrea Pizza, etc.
+ Large area corporate offices nearby including: SPS, Thrivent, Wells Fargo, US Bank, Capella, Legal, Accounting, etc.
+ Coop brokers welcome.
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