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Twin Cities office, industrial, retail and investment. Demonstration site with sample content.

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Tenant representation

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  3. Shops at West End, Pad C

Shops at West End, Pad C

1621 West End Boulevard, St. Louis Park, MN

  • Retail
  • New to market
  • West End and Golden Valley

An endcap with 88 feet of frontage, a grease interceptor already in place and a patio easement on the south elevation.

Retail centre storefronts with glass frontage along a pedestrian street

The specification

Available area
4,850 SF
Base rate
$32.00 per SF per year
Lease structure
NNN
Operating expenses
$14.20 per SF
Gross occupancy cost
$46.20 per SF
Available
1 October 2026
Term sought
10 years
Parking
Shared field and ramp, 5.2 per 1,000 SF centre wide

About the space

Pad C is the south endcap of the centre, with 88 linear feet of glass frontage on the pedestrian street and a 640 square foot patio easement that the centre will not charge rent against. The previous tenant was a full service restaurant, so a 1,500 gallon grease interceptor, a Type 1 hood rough-in and an eight inch sanitary lateral are already there.

That infrastructure is worth real money. Bringing a cold shell to restaurant readiness in this submarket runs roughly 95 to 130 dollars per square foot before finishes. Taking the existing rough-ins saves most of the plumbing and ventilation scope.

Total occupancy cost is 46.20 per square foot before your own utilities, which is at the upper end of the western suburbs but supported by the centre's traffic counts.

Sample This building, its specification and its pricing are illustrative samples created for a demonstration website. Nothing here is an offer to lease.

Model this space

Operating expenses are escalated at 3 percent a year, the usual planning assumption for a triple net building. Free rent abates base rent only, which is how most Twin Cities leases are written.

Year one gross occupancy cost

$476,238

$39,687 a month across 66 people

Gross rate, year one
$33.35 per RSF
Cost per employee, year one
$7,216
Free rent value
$139,230
Improvement allowance value
$642,600
Net effective rate over the term
$13.36 per RSF
Total obligation over the term
$2,851,244

Sample An estimate for comparison between proposals, not a quote. It ignores parking, after hours HVAC, percentage rent and any cost your own build-out carries beyond the allowance.

Full calculator and worked example

Similar space

01Retail

Grand Avenue Storefront

1044 Grand Avenue, St. Paul

  • Available
  • Sublease
Size
2,240 SF
Base rate
$26.50
Gross
$36.25

A sublease through August 2029 at roughly four dollars under the current direct asking rate on Grand.

Space detail
02Medical office

Bassett Creek Medical Office, Suite 210

6100 Golden Valley Road, Golden Valley

  • Available
  • Divisible
Size
9,100 SF
Base rate
$27.75
Structure
Full service gross

Twelve exam rooms already built, plumbed and vented, on a full service gross structure with a 5.6 per thousand parking ratio.

Space detail
Browse availabilities

Tour this space

Ask Tomas for the floor plan, the operating expense history and a walk-through. Call (612) 555-0189 or send the requirement over.

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