Overview

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 where people want to live. Its renovation was central to the Minneapolis downtown council’s intersections: The 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 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.

Highlights and Features:

Located with frontage on Nicollet Mall

Skyway connected to Wells Fargo Tower, IDS Center, City Centre and RBC Plaza

Current retailers include: YMCA, Bruegger’s Bagels, Planet Smoothie, Freshii, Fixology, Cocoa & Fig, and Lontis Day Spa & Salon

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

Street Level Space Available:

Suite 107: 1,407 sf

Suite 119: 1,015 sf

Suite 125: 2,197 sf

Suite 130: 780 sf

2024 CAM: $11.30 psf and Tax: $4.37 psf

Lease Rate: $20.00 psf

Skyway Level Space Available:

Suite 201: 700 sf

Suite 202: 702 sf

Suite 203: 702 sf

Suite 204: 921 sf

Suite 201, 202, 203 and 204 contig to 3,025 sf

Suite 209: 797 sf

Suite 213: 488 sf

Suite 221: 2,000 sf

Suite 227: 1,352 sf

Suite 221 and Suite 227 contig to 3,352 sf

Behind Suite 221: 1,806 sf

2024 CAM: $11.30 psf and Tax: $4.37 psf

Lease Rate: $35.00 psf

First Floor: 8,576 sf

Second Floor: 9,217 sf

First Floor and Second Floor contiguous to 17,793 sf

Contact Broker

Available Space (488 - 17,793 SF)

Suite 107

Suite 125

Suite 119

Suite 130

Suite 201

Suite 202

Suite 203

Suite 204

Suite 221

Suite 227

Suite 221 B

Suite 209

Suite 213

Second Floor

First Floor