This building is located in the sought after lakes area of Minneapolis with high traffic volumes of 12,500 VPD on Cedar Ave and 2,600 VPD on 42nd , a surrounding vibrant Lake Nokomis community, near a popular golf course and large city park. The sign on the roof is for 20 years and rents is $512/month. The tenant pays utilities, maintenance, and insurance on the interior of the building. The landlord pays taxes and insurance on the exterior of the building. All leases are NNN and are 3-5 year terms. Restaurant $3,000/month, bar $1,600/month, barber shop $1,200/month, Jewelry Store $1,000/month, neighborhood association $800/month. Real Estate taxes are $26,000/year |
