The EMI

Richfield, MN 55423
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Property Description

6605 1st Avenue S
Richfield, MN 55423

Status: For Lease

Property Type: Office,Retail

Coming Soon - Mixed-Use Development!

The EMI development is scheduled to break ground in October of 2019 with estimated completion in the fall of 2020. It is conveniently located on 66th Street and Nicollet Avenue S in Richfield. This highly visible mixed-use property will offer 31 upper-level apartments and street-level retail. It is strategically designed for walkability and located on the bus line. Join area tenants Walgreens, China Garden, Little Caesars Pizza, T-Mobile, Rainbow Shops, GameStop, Higher Grounds Academy Center, Marshalls, Foot Locker, Michaels, Burger King, Dairy Queen, AutoZone, American Pie Pizza, El Tejaban Mexican Grill, Halloween Express and Xfinity Store.

Highlights and Features: 

  • Parking lot and free street parking 
  • High vehicle and foot traffic 
  • Easy access 
  • Seven square miles of neighborhoods, parks, schools, and businesses 
  • Close proximity to Minneapolis, MSP International Airport and Mall of America 
  • Plans for onsite fitness center

Demographics and Traffic Counts: 

  • 2018 Average Population: 1 mile - 9,280, 3 miles - 71,819 and 5 miles – 177,458 
  • 2018 Average Household Income: 1 mile - $64,499.93, 3 miles - $78,619.86 and 5 miles - $81,591.82 
  • Traffic Counts: E 66th Street: 12,000 vpd and Nicollet Avenue: 12,100 vpd

Available For Lease: 

  • Suite 115: 1,485 sf (with ventilation for hood) 
  • Suite 116: 1,506 sf 
  • Suite 117: 1,507 sf 
  • Suite 118: 1,436 sf 
  • Suites 115 to Suites 118 contiguous up to 5,934 sf 
  • 2019 CAM/Tax: $5.66 psf 
  • Lease Rate: Negotiable