222 hennepin avenue

Minneapolis, Mn 55401

Prime Redevelopment Opportunity - Full City Block Available

subject property
Target Field Transit Center Target Center

SOLD AND CLOSED!

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Federal Office Building U.S. Federal Courthouse Mpls. City Hall Hennepin Cty. Govt. Center Thrivent Financial HQ

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Target Corporate HQ IDS Center Gaviidae & Crystal US Common Court Bancorp TCF HQ Corporate HQ

Mpls. Central Library

Stone Ar

ch Bridg

Light Rail Station

Mall of America Field

Ameriprise Financial HQ

Minneapolis Convention Center

for More Piper i n f o r M at i o n, Jaffray p l e a s e c o n t a c t: Corporate HQ

Richard Palmiter Vice President 952.924.4603

richard.palmiter@cbre.com

Brian Pankratz Senior Associate 952.924.4665

Reed Christianson Vice President 612.336.5454

brian.pankratz@cbre.com

reed.christianson@cbre.com

222 hennepin avenue

Minneapolis, Mn 55401

Prime Redevelopment Opportunity - Full City Block Available

SOLD AND CLOSED!

:: :: :: :: :: :: :: :: :: ::

Located at the gateway to the Central Business District Close proximity to North Star Commuter Rail Station Close proximity to I-94, I-394 and I-35 freeways Immediate access to Hennepin Avenue and Washington Avenue

Map Width = 6.5 Miles

This map contains information from sources we believe to be reliable, but we make no representation, warranty or guaranty of its accuracy. This map is published for the use of CBRE and its clients only. Redistribution in whole or part to any third party without the prior written consent of CBRE is strictly prohibited. http://fastmap.cbre.com/fastmap.asp?mapid=150014

Easy access to area amenities including the new Target Field, Target Center, Entertainment District and the Mississippi River 2.44 acres of land (city block) PID #220292441008 2011 Taxes: $275,676 Purchase Price: $8,000,000 Property is sold in an As-Is condition

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222 hennepin avenue

Minneapolis, Mn 55401

Prime Redevelopment Opportunity - Full City Block Available

222 hennepin avenue, minneapolis, mn 55401

SOLD AND CLOSED!

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2010 CB Richard Ellis, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

222 Hennepin Avenue is located within the bustling Minneapolis Central Business District. The property has frontage onto Hennepin Avenue and Washington Avenue South, which are main downtown arterials with close proximity to public transportation (bus lines and light rail), Target Field and Target Center. The property provides a full city block, allowing for prime redevelopment. Total Building Square Footage: Main Floor Area: Second Floor: Basement: Parking: 193,424 SF 57,272 SF 42,845 SF 50,464 SF 150 underground; 42,834 SF of parking on third and fourth floors 1965 330 feet x 331 feet 109,467 SF (2.44 acres) North Loop/Warehouse District B4C-1/Downtown Commercial District; DP/Downtown Parking Overlay District

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Traffic Counts (2008) Hennepin Ave 21,900 VPD Washington Ave 25,700 VPD 2nd Ave N 11,300 VPD 1st Ave N 14,100 VPD 2011 Estimated Demographics Population Growth 2011-2016 Average Household Income 1 Mile 20,741 5.19% 3 Miles 1.58% 5 Miles 0.87% 10 Miles 1.01% $68,534

Year Built: Parcel Dimensions: Lot Size: Neighborhood: Zoning:

219,895 437,562 1,183,725

$63,787 $50,538 $60,872

222 hennepin avenue

Minneapolis, Mn 55401

Prime Redevelopment Opportunity - Full City Block Available

SOLD AND CLOSED! Downtown Minneapolis

sit e

Parking Ramps Government Medical Education Office Residential

Worship Restaurant/Enter Retail Hotel/Motel Skyway Other/Unknown Skyway Tunnel

Light Rail Line Light Rail Stations Surface Lots Parks Water

375

750

1,500 Feet Summer 2008