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Office Space with Conference Center
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333 S 7th St, Minneapolis, MN 55402

Office space in SPS Tower with access to a fully staffed fitness center and a conference center for meetings and training.

Property Size2,094 SF
Days on Market2497

Property Features for 333 S 7th St

General Information

Standard status Active
Size 2,094 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

conference center
fitness center
Listing Agency: Transwestern
Listed By: Jim Montez
Source: Moodyscre
Added: Oct 1, 2019 Changed: Jul 29 Last Checked: Aug 1 at 9:25AM

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 Transwestern

Investment Insights

Based on property information with market context.

Located in SPS Tower at 333 S 7th St in downtown Minneapolis, this office space offers building amenities designed to support day-to-day work and meetings. Tenants can take advantage of a fully staffed fitness center and an on-site conference center for training and meetings.

The building is also described as a green facility focused on saving energy and resources. Parking arrangements are noted as allowing more spaces per square foot leased, and access is positioned as fast and easy for in-and-out convenience.

SPS Tower is presented as an amenity and service-supported office environment, with expanded building staff referenced in the offering.

Key Highlights

  • Office space in SPS Tower with access to a fully staffed fitness center
  • Access to a conference center for training and meetings

Property Analytics

Current Use

Lanier Parking Solutions Parking Lot & Garage PBI Research Services Information Services Thomas Joseph & Sons (Bike/Boat/Book/etc) Store Lumidata (Bike/Boat/Book/etc) Store SPS Commerce (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Auto Parts Store Pet Grooming Service Veterinary Clinic (Bike/Boat/Book/etc) Store 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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,521
Businesses Nearby

Demographics for 55402, MN

682
Population
564
Households
1.2
Avg Household Size
33
Median Age
60%
College-Educated
95%
High-School Grad
0.2 sq mi
ZIP Area
3,410
Density / Sq Mi
$69,808
Median Household Income
$51,399
Median Earnings
$1,650
Median Rent

Market

Lease Benchmarks for Minneapolis, MN

$20.3 /SF/Yr
Avg Asking Price
$6.5–$42.94 /SF/Yr
Price Range
12,927 SF
Avg Space Size

This space is priced 8% above the average of $20.3 /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 units - Office space in SPS Tower with access to a fully staffed fitness center and a conference center for meetings and training.
Where is this office units located?
The property is located at 333 S 7th St Minneapolis, MN.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Office space in SPS Tower with access to a fully staffed fitness center; Access to a conference center for training and meetings
(612) 419-1557 Call to check price and availability
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