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116-126 N 3rd Ave, Minneapolis, MN 55401

Office space available for rent in Minneapolis, MN.

Space Size2,593 SF
Days on Market149

Property Features for 116-126 N 3rd Ave

General Information

Standard status Active
Size 2,593 SF
Property subtype OFFICE

Spaces For Lease

at 116-126 N 3rd Ave
Porter Electric AVAILABLE, Now
Floor 2
Size 2,593 SF
Type OFFICE
Rate Contact for pricing
Lease Type NNN
Sublease No
Originally home to Porter Electric Company, this late 1800s warehouse has been transformed into one of the North Loop’s most sought-after addresses. Renovated in 2018 while honoring its historic architecture, the building sits alongside destination retailers including Fairgrounds Coffee, Madewell, and Lululemon — at the heart of Minneapolis’s most vibrant and desirable urban corridor.
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Listing Agency: JLL
Listed By: Andrea Leon · License #655349
Source: Moodyscre
Added: May 22 Changed: Oct 12 Last Checked: Oct 16 at 9:31AM

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 JLL

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Investment Insights

Based on property information with market context.

This commercial real estate offers office space for rent, encompassing a total area of 2593 square feet. The property is located in Minneapolis, MN.

Key Highlights

  • Office space available for rent
  • Located in Minneapolis, MN

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,901
Businesses Nearby

Demographics for 55401, MN

12,029
Population
8,988
Households
1.3
Avg Household Size
35
Median Age
79%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
15,036
Density / Sq Mi
$115,651
Median Household Income
$89,599
Median Earnings
$2,010
Median Rent
$401,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Minneapolis, MN

$18.75 /SF/Yr
Avg Asking Price
$6.5–$26 /SF/Yr
Price Range
9,001 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Office units - Office space available for rent in Minneapolis, MN.
Where is this office units located?
The property is located at 116-126 N 3rd Ave Minneapolis, MN.
What are key features of this property?
This property features: Office space available for rent; Located in Minneapolis, MN
(202) 817-9565 Call to check price and availability
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