North Loop New Construction
For Lease
Contact for pricing
500-524 5th St, Minneapolis, MN
New construction office space in desirable North Loop location.
Space Size35,125 SF
Lot Size1.22 Acres
Days on Market1690
Property Features for 500-524 5th St
General Information
Standard status
Active
Size
35,125 SF
Lot size
1.22 Acres
Property subtype
OFFICE
Site & Location
Neighborhood
University
Spaces For Lease
at 500-524 5th St Contact usOffice for Lease AVAILABLE, Now
Floor
6
Size
35,125 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
Yes
• New construction in highly desirable North Loop
• Adjacent to Target Field, light rail and numerous bus stops
• Rooftop level with fitness center and outdoor terrace
• Building Café with seating
• Three levels of underground parking
• Within walking distances of coffee shops, restaurants, retails, breweries and more.
• 70,000 RSF available on top two floors
• Option to lease full building – 237,000 RSF over 7 floors
• Term through December 2030
• Space in “like-new” condition
• High end-build out including exposed ceilings, cloud ceilings, and abundant glass
• Combination of open workspace, private offices, meetings rooms and social spaces
Contact us Office for Lease AVAILABLE, Now
Floor
7
Size
35,125 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
Yes
• New construction in highly desirable North Loop
• Adjacent to Target Field, light rail and numerous bus stops
• Rooftop level with fitness center and outdoor terrace
• Building Café with seating
• Three levels of underground parking
• Within walking distances of coffee shops, restaurants, retails, breweries and more.
• 70,000 RSF available on top two floors
• Option to lease full building – 237,000 RSF over 7 floors
• Term through December 2030
• Space in “like-new” condition
• High end-build out including exposed ceilings, cloud ceilings, and abundant glass
• Combination of open workspace, private offices, meetings rooms and social spaces
Contact us
Listing Agency:
JLL
(612) 217-5150
Listed By:
Jon Dahl · License #20468602
(612) 432-7120
Source:
Moodyscre
Added: Mar 14, 2022
Changed: Oct 25
Last Checked: Oct 26 at 2:35PM
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 new construction office space is located in the desirable North Loop area, adjacent to Target Field, light rail, and numerous bus stops. The property offers 70,000 rentable square feet available on the top two floors, with the option to lease the full building, which encompasses 237,000 rentable square feet over seven floors. The lease term extends through December 2030. The space is in like-new condition and features a high-end build-out, including exposed ceilings, cloud ceilings, and abundant glass. The layout includes a combination of open workspace, private offices, meeting rooms, and social spaces. The building includes a rooftop level with a fitness center and outdoor terrace, as well as a building café with seating. Three levels of underground parking are available. The location is within walking distance of coffee shops, restaurants, retail establishments, and breweries.
Key Highlights
- New construction in highly desirable North Loop location.
- 70,000 RSF available on top two floors**, with option to lease full building (237,000 RSF).
- Adjacent to Target Field, light rail, and numerous bus stops.
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,733
Businesses Nearby
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Minneapolis, MN
$18.75 /SF/Yr
Avg Asking Price
$6.5–$26 /SF/Yr
Price Range
9,062 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - New construction office space in desirable North Loop location.
Where is this office unit located?
The property is located at 500-524 5th St Minneapolis, MN.
What are key features of this property?
This property features: New construction in highly desirable North Loop location.; 70,000 RSF available on top two floors**, with option to lease full building (237,000 RSF).; Adjacent to Target Field, light rail, and numerous bus stops.
