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Contemporary Office Tower Space
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1201 Jackson NE, Minneapolis, MN 55413

Second-phase office spaces at Highlight Center complex are slated for delivery in the third quarter of 2024.

Lot Size65,000.00 Acres
Days on Market2188

Property Features for 1201 Jackson NE

General Information

Standard status Active
Lot size 65,000.00 Acres
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Hillcrest Development, LLLP
Listed By: Charlie Nestor
Source: Moodyscre
Added: Aug 5, 2020 Changed: Jul 28 Last Checked: Aug 1 at 6:53AM

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 Hillcrest Development, LLLP

Investment Insights

Based on property information with market context.

Hillcrest Development presents the second phase of its Highlight Center complex with Highlight Tower, featuring contemporary office spaces. Space delivery is scheduled for the third quarter of 2024, making it a fit for tenants planning ahead for move-in timing.

Highlight Tower is part of an existing multi-building office development and is presented as offering the amenities tenants require, as described in the available materials.

Prospective tenants and brokers can coordinate directly regarding availability as delivery approaches, with the property positioned as a new office release within the broader Highlight Center campus.

Key Highlights

  • Second‑phase office spaces at the Highlight Center complex are slated for delivery in Q3 2024.
  • Highlight Tower will offer contemporary office spaces as part of the Highlight Center complex.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Building Supply Pharmacy Auto Parts Store Storage Facility HVAC Service

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,444
Businesses Nearby

Demographics for 55413, MN

13,914
Population
8,080
Households
1.7
Avg Household Size
34
Median Age
58%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
4,488
Density / Sq Mi
$84,252
Median Household Income
$57,091
Median Earnings
$1,497
Median Rent
$354,200
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 6% 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 - Second-phase office spaces at Highlight Center complex are slated for delivery in the third quarter of 2024.
Where is this office building located?
The property is located at 1201 Jackson NE Minneapolis, MN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Second‑phase office spaces at the Highlight Center complex are slated for delivery in Q3 2024.; Highlight Tower will offer contemporary office spaces as part of the Highlight Center complex.
(612) 623-2475 Call to check price and availability
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