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Modern Office Campus
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1-15 Main St SE, Minneapolis, MN 55414

Interconnected four-building office campus with flexible floorplates, indoor/outdoor common areas, fitness center, and abundant on-site parking.

Property Size3,148 SF
Days on Market1070

Property Features for 1-15 Main St SE

General Information

Standard status Active
Size 3,148 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

fitness center
outdoor spaces
collaboration spaces
riverfront and trails
Listing Agency: Newmark
Listed By: Matt J Elder, CCIM, SIOR
Source: Moodyscre
Added: Aug 28, 2023 Changed: Jul 27 Last Checked: Jul 31 at 1:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark

Investment Insights

Based on property information with market context.

Riverplace is a reimagined, modern office campus built as an interconnected four-building setting offering flexible office space. The campus is designed with a variety of work-ready configurations, including technology-driven collaboration spaces and multiple indoor and outdoor common areas.

On-site amenities include an expansive fitness center and several outdoor spaces. The property also provides abundant on-site parking and immediate access to the riverfront and nearby trails.

For tenants seeking a workplace environment that supports collaboration and wellbeing, Riverplace’s campus-style layout and flexible floorplates are suited to a range of office functions.

Key Highlights

  • Interconnected four‑building office campus with flexible floorplates for a range of workstyles and functions
  • Indoor and outdoor common areas designed to encourage collaboration and tenant wellbeing
  • Technology‑driven collaboration spaces within the campus

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Grooming Service Veterinary Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,606
Businesses Nearby

Demographics for 55414, MN

36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$17 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
76,115 SF
Avg Space Size

This space is priced 18% above the average of $17 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Interconnected four-building office campus with flexible floorplates, indoor/outdoor common areas, fitness center, and abundant on-site parking.
Where is this office building located?
The property is located at 1-15 Main St SE Minneapolis, MN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Interconnected four‑building office campus with flexible floorplates for a range of workstyles and functions; Indoor and outdoor common areas designed to encourage collaboration and tenant wellbeing; Technology‑driven collaboration spaces within the campus
(612) 430-9974 Call to check price and availability
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