Retail Space / Minnesota / Minneapolis / 55417 / 5401 Chicago Avenue

5401 Chicago Avenue

Minneapolis, MN 55417

5401 Chicago Restaurant Space

Listing ID: 300466

$25.00 (SF / Year)

For Lease

Property Type Retail for Lease : Food Service
Unit Sq Ft 3,803
Annual Rate/Sq Ft $25.00
Monthly Price $7,922.00
Service Type Mod. Gross

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Property Highlights

• Blank Canvas

• Restaurant Space

• High Household Income

• Built for YOU

• Near Nokomis

• Up and Coming Neighborhood

Description

BLANK CANVAS! Work with the developer to create the space of your dreams. Space will be ready in Spring 2024. City of Minneapolis wants to see restaurant user in this space.
Can be divisible into two spaces.

Listing Demographics for 5401 Chicago Avenue Minneapolis, MN 55417

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 Population		18,354	160,225	416,896
Population Median Age		37	37	37
Population by Age	0-9 Yrs	2847 (15%)	21507 (13%)	49866 (11%)
	10-19 Yrs	2005 (10%)	17053 (10%)	46887 (11%)
	20-29 Yrs	1765 (9%)	21813 (13%)	74552 (17%)
	30-39 Yrs	2916 (15%)	30685 (19%)	72938 (17%)
	40-49 Yrs	3131 (17%)	21912 (13%)	49126 (11%)
	50-59 Yrs	2459 (13%)	19125 (11%)	48516 (11%)
	60-69 Yrs	2075 (11%)	16299 (10%)	39600 (9%)
	70+ Yrs	1156 (6%)	11833 (7%)	35412 (8%)

Median HH Income		$121,389	$84,673	$72,499
Total Household Income	< 24K	395 (5%)	7590 (11%)	30608 (16%)
	25-49K	675 (9%)	10464 (16%)	33283 (18%)
	50-74K	795 (11%)	10884 (16%)	29269 (16%)
	75-99K	1024 (14%)	9409 (14%)	22121 (12%)
	100-199K	2653 (37%)	18830 (28%)	44512 (24%)
	200K+	1518 (21%)	7981 (12%)	20842 (11%)

Highest Education Level	No Diploma	247	8607	23438
	Diploma or GED	1359	16226	39474
	Some College	1690	18794	45788
	Assoc. Degree	910	8213	20266
	Bachelors Degree	4713	38453	98147
	Higher Degree	3756	24022	63725

Total Housing Units		7,316	68,130	191,010
--Owner-Occupied		6,180	45,357	93,873
--Renter-Occupied		881	19,801	86,761
Owner-Occupied Values	< 100K	88	1531	3277
	100-199K	486	7813	15043
	200-299K	1647	16974	29741
	300-399K	1830	9676	18934
	400-499K	1089	4186	9969
	500K+	1039	5177	16909

Total Working Age Population		14,150	127,431	341,260
In Work Force		10,992	97,177	250,118
Not In Work Force		3,158	30,253	91,142
Workforce Employed		10,596	92,851	238,251
Workforce Unemployed		396	4,296	11,655
Civlian Workforce		10,992	97,146	249,906
Military Workforce		0	31	212

Total Households		7,060	65,157	180,634
Family Households		4,549	37,378	86,782
Non-Family Households		2,511	27,779	93,852
Married Couple		3,916	29,000	65,827
Other Family		633	8,378	20,956
Married w/Child		2,105	13,000	28,061
Single Male w/Child		162	1,256	2,923
Single Female w/Child		299	3,504	9,259

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Minnesota	4,919,479	+8	5,303,925	+7	5,687,161	+5	5,974,304
Dakota County	355,904	+12	398,552	+9	434,203	+7	463,564
Hennepin County	1,116,200	+3	1,152,425	+12	1,294,371	+9	1,407,332
Ramsey County	511,035	0	508,640	+12	567,959	+9	616,408

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.

Listing Location & Map Views

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