The Walkway - retail in Minneapolis, MN
Retail

The Walkway

1320 w lake st minneapolis, mn, 55408, minneapolis, MN 55408

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence
Low
$8.50/SF
Mid
$10.00/SF
High
$11.50/SF
Tier Used
peer_city_transfer

Transferred from peer market san-antonio (similarity: 100%) with 16 comparable listings.

Peer market: san-antonio (100% similarity)
Tier Resolution Trace
Tier 1insufficient_data
Tier 2insufficient_data
Tier 3insufficient_data
Tier 4successselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$10.00/SFpeer_city_transfer
Utilities2.1¢/kWhOpenEI URDB
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$1705/wkBLS QCEW
Source Provenance (1)
SourceTypeCountYearFreshnessPeer
Peer City Transfereconomic_similarity16real-timesan-antonio (100%)
Data sources used
peer_city_transfer

Description

Now available for lease, retail The Walkway located at 1320 W Lake St Minneapolis, Minnesota 55408. Available square footage 7,660 SF.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

1320 w lake st minneapolis, mn, 55408, minneapolis, MN 55408

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2025, the Minneapolis retail market showed a 4.0% vacancy rate. Source: Cushman & Wakefield Q1 2025 market report.

Tight vacancy keeps competition for quality space elevated.

Compare it against other retail listings for sale in Minneapolis, MN to benchmark pricing and space — view the full market.

Retail market FAQ

Is the Minneapolis retail market tightening or softening?
Vacancy is around 4.0% (Q1 2025).

Unified Estimate

Very Low Confidence
$8.50/SF-$11.50/SF
Mid: $10.00/SF

Cost-of-business estimate only; rate estimator unavailable.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market san-antonio (similarity: 100%) with 16 comparable listings.

Sale Price History

2023 – 2026 · county sold comps + market trendsFIPS 27053

High Confidence
  • Vacancy %
Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '260%10%20%30%40%
Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:-0.1%
Avg Weekly Wage:$1,515

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population1,269,496
Median Income$98k↑ 31%
College Educated48.2%↑ 14.8pp
Median Age37.6 yrs
Median Home Value$393k
Unemployment4.5%↑ 0.9pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: retail in minneapolis, MN

More Retail for Sale in Minneapolis, MN(5)

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Listed by

JLL