1300 New Brighton Blvd
Property Details
| Sale Price: | |
| Sale Price: | Subject To Offer |
| Property Type: | Development Land |
Property Description
This 1300 New Brighton Blvd site, located right on Interstate 35 West (I-35W) in Northeast Minneapolis, is 100% leased to truck & trailer parking users. The use is no longer allowed by the city of Minneapolis, making the "grandfathered" use a Unicorn.
I-35W is the main thoroughfare in and out of downtown Minneapolis for those traveling from the northeast suburbs of the Twin Cities Metro. With over 110,000 plus vehicles per day, this site offers incredible visibility and access from either direction.
1300 New Brighton Blvd is part of the Mid City industrial and office area but is directly adjacent to dense city neighborhoods. Additionally, directly across I-35W is the very popular Quarry retail center, featuring anchor tenants such as Target, Home Depot, and Cub Foods.
Highlights
- 5.32 Acres in the Heart of the Minneapolis - Northeast/Quarry
- 100% Rented - 3 Tenants
- Grandfathered Truck & Trailer Parking Use
- City Use Restrictions provides for great upside in its leasing potential
- Great Visibility and Access from Interstate 35W with 110,000+ VPD (MNDot)
- Less than two miles from downtown Minneapolis
Map
Location Description
Northeast Minneapolis on Interstate 35W
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Available Spaces
5.32 Acres - 1300 New Brighton Blvd - Minneapolis MNAll Documents
Access Documents| 1 Miles | 3 Miles | 5 Miles | |
|---|---|---|---|
| Total households | 6,866 | 67,027 | 186,553 |
| Total population | 15,673 | 157,382 | 443,920 |
| Population white | 64.8% | 70.2% | 64.1% |
| Population black | 7.7% | 14.6% | 17.2% |
| Population hispanic | 7.4% | 6.1% | 9.1% |
| Population asian | 5.6% | 6.9% | 6.4% |
| Population pacific islander | 0.2% | 0.0% | 0.0% |
| Population american indian | 1.3% | 1.0% | 1.6% |
| Population other | 3.3% | 2.3% | 3.0% |
| Persons per household | 2.26 | 2.11 | 2.32 |
| Average household income | $58,379 | $68,534 | $70,102 |
| Average house value | $225,474 | $255,799 | $236,733 |
| Average age | 32 | 31.6 | 32.3 |
| Average age male | 32.8 | 31.2 | 32 |
| Average age female | 31.4 | 32.3 | 32.7 |
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