3900-3920 Nicollet Ave - Auto Repair FOR SALE


Minneapolis, MN 55409- Kingfield
$4,500,000 USD
651-214-4555
3900-3920 Nicollet Ave, Minneapolis, MN for Sale
$4,500,000 USD
Auto Repair - FOR SALE
1/5
null | 7.04% Cap Rate

3900-3920 Nicollet Ave
Minneapolis, MN 55409
Kingfield


OVERVIEW

The building was built in 1957 and renovated in 2013/2023 and now possesses an elevated and timeless design and beautifully landscaped grounds. 3900 - 3920 Nicollet Avenue is strategically located in the heart of South Minneapolis with close access to 35W and is just three miles from Lake Harriet. 3900 - 3920 Nicollet Avenue has a history of high-occupancy rates. This building is currently 100% occupied. This building is home to some elite companies, including Master Collision Group and Tower Games.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

7.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,368 SF

ZONING

R2B

APN/PARCEL ID

10-028-24-21-0089,10-028-24-21-0090

ASK ABOUT THIS PROPERTY

Nathan KarrickColliersMore Info
651-214-4555

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Nathan KarrickColliersMore Info
651-214-4555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.