Retail Space
2601 Lyndale Avenue South Minneapolis, MN 55408
Details & Description
Price: $13,365,000
    • Highly sought after ALDI Grocery currently operates 2,000 locations in 36 states.• ALDI has 60 designated underground heated, complimentary stalls including 4 pre-order pick up stalls and two elevators.• Condo ownership of ALDI; well located at Rex26, a mixed use development with 87 luxury apartments. The Rex26 features high-end amenities including a 4,000-sq. ft. garden terrace, heated underground parking, fully equipped fitness center, and skydeck with gorgeous views of downtown.• Located in the Lyn-Lake area which has become one of the most desired neighborhoods in the Twin Cities near the French Meadow, CC Club, The Bulldog, The Nightingale, Common Roots Cafe and many more.• NNN Lease with 6+ years remaining on the primary lease term.• Strong demographics with a population of 239,931 and average household income of $96,669 within a 3-mile radius.Drone Video: https://www.youtube.com/watch?v=cOnRPBFJn3U
    Listing Agents
    Deborah Vannelli

    O: 612-332-6600
    M: 612-376-4475
    deb@upland.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2601 Lyndale Avenue South

    Minneapolis, MN 55408

    No Longer Listed
    2601 Lyndale Avenue South Minneapolis, MN 55408 | for Sale | Photo 1
    Price
    $ /mo
    Description

    • Highly sought after ALDI Grocery currently operates 2,000 locations in 36 states.

    • ALDI has 60 designated underground heated, complimentary stalls including 4 pre-order pick up stalls and two elevators.

    • Condo ownership of ALDI; well located at Rex26, a mixed use development with 87 luxury apartments. The Rex26 features high-end amenities including a 4,000-sq. ft. garden terrace, heated underground parking, fully equipped fitness center, and skydeck with gorgeous views of downtown.

    • Located in the Lyn-Lake area which has become one of the most desired neighborhoods in the Twin Cities near the French Meadow, CC Club, The Bulldog, The Nightingale, Common Roots Cafe and many more.

    • NNN Lease with 6+ years remaining on the primary lease term.

    • Strong demographics with a population of 239,931 and average household income of $96,669 within a 3-mile radius.

    Drone Video: https://www.youtube.com/watch?v=cOnRPBFJn3U

    Attachments & Files

    Minneapolis Area Market Trends

    Listing Demographics for 2601 Lyndale Avenue South Minneapolis, MN 55408

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population47,307238,199490,847
    Population Median Age343536
    Population by Age0-9 Yrs3785 (8%)27882 (11%)58053 (11%)
    10-19 Yrs2510 (5%)25473 (10%)53927 (10%)
    20-29 Yrs16951 (35%)55822 (23%)104028 (21%)
    30-39 Yrs10469 (22%)46680 (19%)88370 (18%)
    40-49 Yrs4583 (9%)25076 (10%)54790 (11%)
    50-59 Yrs3838 (8%)23567 (9%)51849 (10%)
    60-69 Yrs2896 (6%)18748 (7%)44620 (9%)
    70+ Yrs2275 (4%)14951 (6%)35210 (7%)
    Median HH Income$53,330$63,097$70,231
    Total Household Income< 24K5806 (21%)23119 (21%)39646 (18%)
    25-49K6669 (25%)21124 (19%)38357 (18%)
    50-74K5080 (19%)17694 (16%)33119 (15%)
    75-99K2961 (11%)12461 (11%)25983 (12%)
    100-199K4302 (16%)23276 (21%)50348 (23%)
    200K+1693 (6%)10244 (9%)22670 (10%)
    Highest Education LevelNo Diploma26711696527545
    Diploma or GED41482069145090
    Some College55882591153184
    Assoc. Degree28041071423990
    Bachelors Degree1275054236110928
    Higher Degree65943479872206
    Total Housing Units28,400115,084223,092
    --Owner-Occupied4,95839,629102,196
    --Renter-Occupied21,55368,289107,928
    Owner-Occupied Values< 100K31318424207
    100-199K1127777618827
    200-299K10991087330347
    300-399K882723220650
    400-499K521361610092
    500K+1017829118074
    Total Working Age Population42,232197,185403,795
    In Work Force34,705147,946298,476
    Not In Work Force7,52749,238105,319
    Workforce Employed33,272140,176283,917
    Workforce Unemployed1,4287,73914,476
    Civlian Workforce34,700147,915298,392
    Military Workforce53284
    Total Households26,511107,918210,124
    Family Households6,15240,74394,435
    Non-Family Households20,35967,175115,689
    Married Couple4,08628,10268,525
    Other Family2,06612,64225,909
    Married w/Child1,43411,39929,216
    Single Male w/Child2431,4653,400
    Single Female w/Child9086,23411,809

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Minnesota4,919,479+85,303,925+75,687,161+55,974,304
    Hennepin County1,116,200+31,152,425+121,294,371+91,407,332
    Ramsey County511,0350508,640+12567,959+9616,408

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2601 Lyndale Avenue South in Minneapolis?
    The asking price for 2601 Lyndale Avenue South is $13,365,000
    What is the building size of this Retail property in Minneapolis, MN?
    The size of the building/unit at 2601 Lyndale Avenue South in Minneapolis is 20,000 square feet
    How much land does the Minneapolis, MN property at 2601 Lyndale Avenue South include?
    2601 Lyndale Avenue South in Minneapolis includes 0.720 acres of land
    What kind of Retail is the propery at 2601 Lyndale Avenue South?
    The property at 2601 Lyndale Avenue South Minneapolis, MN 55408 is listed as a Other Retail Retail property
    What is the population within 1 mile of 2601 Lyndale Avenue South in Minneapolis?
    The population within 1 mile of 2601 Lyndale Avenue South Minneapolis, MN 55408 is 47,307 people.
    Who do I contact for questions about 2601 Lyndale Avenue South?
    You should contact the listing agent, Deborah Vannelli, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 6
    Rochester International Airport (RST) 82
    Duluth International Airport (DLH) 141