1016 5th St N

Minneapolis, MN 55411
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Property Description

1016 5th St N
Minneapolis, MN 55411

Status: For Lease

Property Type: Flex

Flex Space For Lease - North Loop

Hard to find free standing building with a designated parking lot in the heart of the North Loop. 1016 5th Street N offers a flexible floor plan that currently includes: 3 warehouse spaces, 2 fully equipped kitchens, collaborative spaces, and private offices.  

Space Available: 10,492 sf 

  • Lease Rate: Negotiable
  • 2022 CAM: $2.00 psf and Tax: $3.81 psf

Suite A:

  • Reception/office area
  • 1 full commercial kitchen with freezer
  • 1 bathroom
  • 10’ drive in door

Suite B:

  • 3 offices
  • Conference room
  • Kitchenette
  • 2 bathrooms
  • Operable garage door that connects to all the studios and warehouse
  • 1 full commercial kitchen includes a 10-burner range with hood, double ovens, stove, fridge, freezer
  • Floor drains

Suite C:

  • Floor drains
  • Small mezzanine
  • Operable garage door that connects to all the studios and warehouse

Highlights and Features:

  • Zoning: I2 (Medium Industrial District)
  • Drive-in door: 5-10’ x 10’
  • Clear Height: 12’ to 14’
  • 2-car attached garage
  • Security system
  • Dedicated adjacent parking lot: up to 35 spaces
  • Alley access to gated secure parking: 8-10 spaces
  • Easy access to I-94, I-394, and points west via North 3rd Street, and I-35W via Washington Avenue
  • Close to sports arenas, entertainment venues, shopping, and restaurants

Demographics and Traffic Counts:

  • Average Household Population: 1 mile - 9,640, 3 miles - 11,553 and 5 miles - 297,493
  • Average Household Income: 1 mile - $46,159, 3 miles - $52,832 and 5 miles - $56,189
  • Hwy 94 - 84,620 vpd, 5th Avenue N - 2,450 vpd, 10th Avenue N - 8,400 vpd and 4th St N - 18,000 vpd