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Full Floor Office Space
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251 N 1st Ave, Minneapolis, MN 55401

Full floor office space featuring open layout and private offices.

Space Size1,540 SF - 17,056 SF
Lot Size0.49 Acres
Days on Market988

Property Features for 251 N 1st Ave

General Information

Standard status Active
Size 1,540 SF - 17,056 SF
Lot size 0.49 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 251 N 1st Ave Contact us

McKesson Building $8 – $18/SF/Yr

Floor 5
Size 17,056 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• Full Floor - windows on 3 sides • Large open space, multiple private offices • Conference and phone rooms • Kitchenette with microwave and sink • Upgraded LED lighting with auto-saver switches • Air conditioned IT room • Soundproofing installed • Wood and carpet flooring
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McKesson Building $8 – $18/SF/Yr

Floor 6
Size 17,042 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• Full Floor - windows on 3 sides • Large open space, multiple private offices • Conference and phone rooms • Kitchenette with sink • Upgraded LED lighting with auto-saver switches • Air conditioned IT room • Soundproofing installed • Wood flooring
Contact us

McKesson Building $8 – $18/SF/Yr

Floor 4
Size 3,500 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• Large open space with 4 private offices • Storage room • Kitchenette with dishwasher, sink, and refrigerator • Upgraded LED lighting with auto-saver switches • Wood flooring
Contact us

McKesson Building $8 – $18/SF/Yr

Floor 1
Size 1,540 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• Large, open space with 3 private offices • Large windows on two sides • Upgraded LED lighting with auto-saver switches • Soundproofing installed
Contact us

McKesson Building $8 – $18/SF/Yr

Floor 4
Size 8,465 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• Large, open space with 3 private offices • Large windows on two sides • Upgraded LED lighting with auto-saver switches • Soundproofing installed
Contact us
Listing Agency: Kenwood Commercial
Listed By: Mike Doyle
Source: Moodyscre
Added: Feb 1, 2024 Changed: Oct 10 Last Checked: Oct 15 at 2:43AM

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 Kenwood Commercial

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This full floor office space features windows on three sides, providing ample natural light. The layout includes a large open area, multiple private offices, conference rooms, and phone rooms. A kitchenette is equipped with a sink. The space benefits from upgraded LED lighting with auto-saver switches, an air-conditioned IT room, soundproofing, and wood flooring. The property offers 17,042 square feet of office space suitable for a variety of business needs.

Key Highlights

  • Full Floor with windows on 3 sides, offering abundant natural light.
  • Large open space perfect for collaboration, complemented by multiple private offices.
  • Air conditioned IT room to protect sensitive equipment.

Property Analytics

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Open Analytics

Current Use

Werc Werk Works Film Production 1771 Co (Bike/Boat/Book/etc) Store Bom Dia Treats Restaurant Sezzle Bank Brain Hive Training Center

Suggested Use

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

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
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,378
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

This space is priced 57% below the average of $18.75 /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

Frequently Asked Questions

What type of property is this?
Office units - Full floor office space featuring open layout and private offices.
Where is this office units located?
The property is located at 251 N 1st Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Full Floor with windows on 3 sides, offering abundant natural light.; Large open space perfect for collaboration, complemented by multiple private offices.; Air conditioned IT room to protect sensitive equipment.
(612) 242-8820 Call to check price and availability
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