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Storefront Retail Residential For Sale • 37,884 SF
| Icehouse Plaza is a multi-tenant center that is 100% leased by seven retail tenants, all of which are on net leases, and has 13 residential units |
| The in-place loan on the asset is assumable and features a below-market interest rate of 4.45% |
| The most recent new lease, which is with Starbucks, has a per square foot rent rate that is 67% higher than the next highest rate in the center |
| The center boasts a WALT of 6.0 years, and the two largest tenants each have 7+ years of term remaining |
| The property is ideally situated on the best corner in the submarket, the signalized intersection of Nicollet Ave and W 26th St |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Target Field Station (Northstar Corridor - Northstar Commuter Rail) | 8 min | - | 2.3 mi |
| Fridley Station (Northstar Corridor - Northstar Commuter Rail) | 17 min | - | 9.7 mi |
| Airport | Drive | Walk | Distance |
| Minneapolis-St Paul International/Wold-Chamberlain | 20 min | - | 11.3 mi |
Matt Hazelton
JLL
Matt Hazelton
JLL
