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    500 N 3Rd St Minneapolis, MN 55415

    For Lease
    $25 SF/Yr

    Office space in the heart of the North Loop neighborhood.

    Property size:
    10,542 SF
    Lot size:
    0.25 Acres

    Property Features for 500 N 3Rd St

    General Information

    Size
    10,542 SF
    Lot size
    0.25 Acres

    Source: JLL Agent Teig Hutchison

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime North Loop Office Space

    Located in the heart of the North Loop neighborhood, this office space offers views of Minneapolis CBD and the North Loop. The property provides convenient access to transportation, with close proximity to Light Rail Transit on Fifth Street and bus routes on Washington Avenue. It also offers easy access to 94 and 394, being situated within blocks of the building. The location provides immediate proximity to North Loop restaurants and retail options. Additionally, it is near access to the Cedar Lake Trail and other major bike paths. The property is situated half a block from Washington Avenue and two and a half blocks from Target Field Station. The property offers 10542 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Publicis Sapient Business Management Consultant Fallon Advertising Agency PXP Video Production Service Clow Berg, Inc. Architect Windsor Engineers Engineering Consultant

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2758045
    Latitude
    44.9856432

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    FAQs

    What type of property is this?
    Office space - Office space in the heart of the North Loop neighborhood.
    Where is this office space located?
    The property is located at 500 N 3Rd St Minneapolis, MN.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Astonishing views of Minneapolis CBD and North Loop; - Located in the heart of North Loop neighborhood; - Immediate proximity to North Loop restaurants and retail
    (612) 239-0436
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    500 N 3Rd St Minneapolis, MN 55415
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    Minneapolis, MN 55415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 N 3Rd St Minneapolis, MN 55415
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