Retail Space For Lease

651 Nicollet Mall, Minneapolis, MN

$20 to $35/sqft/yr

Price

20,375 sqft

Building Size

 
Overview
Building Size
20,375 sqft
Description

Minneapolis is home to an expansive skyway system that is 11 miles long and connects various downtown buildings within a full 80 city block area. It is known to be one of the largest indoor systems in the world. Several condominium and apartment complexes are skyway-connected as well, allowing residents to live, work, and shop downtown without having to leave the skyway system.

Gaviidae is within walking distance of the city’s most prominent sports, art, dining, and entertainment venues, most notably The Orpheum, Target Field, Target Center, US Bank Stadium, The Guthrie, Walker Art Center, and Orchestra Hall.

Located on Nicollet Mall, Nicollet Mall plays a vital role in Minneapolis’ competitive edge as a place that people want to live. Its renovation was central to the Minneapolis downtown council’s intersections: Downtown 2025 Plan and a vision for downtown as a more inviting place for families, workers, and tourists to live, work, play, and visit. The redesigned Nicollet Mall is expected to inject $105 million in new revenue, add nearly 3,000 jobs in downtown, and increase property values in the area by $57 million. As such, Nicollet Mall is more than just a street – it is the outside world’s window onto the state and the region, and the place where business owners and investors get their first impression of Minnesota’s potential for growth.

Nicollet Mall has long been downtown’s core shopping and entertainment artery. Its comprehensive remodel has enhanced the experience for visitors, workers, and the area’s growing residential population. With motor vehicles restricted to buses and taxis, this mile-long, go-to pedestrian oasis is lined by bar and restaurant sidewalk seating, art, bountiful greenery, and many shopping options.

Demographics and Traffic Counts:
Population: 1 mile - 34,759, 3 miles - 246,897 and 5 miles - 472,989
Daytime Population: 1 mile - 171,402, 3 miles - 343,250 and 5 miles - 480,948
Median HH Income: 1 mile - $51,428, 3 miles - $40,200 and 5 miles - $53,175
Average HH Income: 1 mile - $84,783, 3 miles - $66,598 and 5 miles - $79,882
Median Age: 1 mile - 34.1 yrs, 3 miles - 29.7 yrs and 5 miles - 33.1 yrs
Traffic Counts: S 6th Street - 16,838 vpd and Nicollet Mall - Bus and pedestrian traffic only

Highlights
  • Located with frontage on Nicollet Mall
  • Gaviidae has four skyway connections: RBC Plaza (North), City Centre (West), IDS Center (South), and Wells Fargo Tower (East)
  • Current retailers include; JUUT Salon and Spa, Cocoa & Fig, Freshii, Caribou Coffee, Brueggers Bagels, YMCA, and Bright Horizons.
  • YMCA Now Open!
  • The skyways connect the second and third floors of various office towers, hotels, banks, corporate and government offices, restaurants, and retail stores to the Nicollet Mall shopping district, the Block E Entertainment Target Center, Target Field, and U.S. Bank Stadium
16 Spaces Available

Behind Ste. 221

Available:
Immediately
Sublease:
No
SQFT
1,806
Lease Rate:
$35/sqft/yr

2020 CAM: $10.00 psf and Tax: $6.75 psf

Ste 107

Available:
Immediately
Sublease:
No
SQFT
1,407
Lease Rate:
$20/sqft/yr

2020 CAM: $10.00 psf and Tax: $6.75 psf

Ste 119

Available:
Immediately
Sublease:
No
SQFT
1,105
Lease Rate:
$20/sqft/yr

2020 CAM: $10.00 psf and Tax: $6.75 psf

Ste 125

Available:
Immediately
Sublease:
No
SQFT
2,197
Lease Rate:
$20/sqft/yr

2020 CAM: $10.00 psf and Tax: $6.75 psf

Ste. 130

Available:
Immediately
Sublease:
No
SQFT
780
Lease Rate:
$20/sqft/yr

2020 CAM: $10.00 psf and Tax: $6.75 psf


Documents
Title
Lease Brochure
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Location
Gallery