The offering as hereinafter described presents qualified investors with the ability to invest in a ground lease under a prominent recently renovated office building in the heart of downtown Minneapolis.
The F.W. Knoblauch Ground Lease (Property) consists of two (2) parcels located on the corner of Nicollet Mall and 8th Street in the heart of downtown Minneapolis. The Property sits under the 416,000 SF RSM Plaza and 867-stall parking ramp. The two parcels are comprised of an 11,880 SF parcel fronting 8th Street and a 1,760 SF parcel fronting Nicollet Mall. The lease term expires in 2113 and has a first lien position and provides for rental adjustments every 10 years.
INVESTMENT OVERVIEW
RSM PLAZA OVERVIEW