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Office Suites in SPS Tower
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333 S 7th St, Minneapolis, MN 55402

Office suites at SPS Tower offer on-site conference and a fully-staffed fitness center for employees and tenants.

Space Size4,019 SF
Days on Market836

Property Features for 333 S 7th St

General Information

Standard status Active
Size 4,019 SF
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood Downtown West

Additional Details

Business Included No

Amenities

conference center
fitness center

Spaces For Lease

at 333 S 7th St
Office Space Now Available in SPS Tower $20/SF/Yr
Floor 21
Size 4,019 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, 30 Days
Sublease No
At SPS Tower, we’ve changed to meet your needs. Expanded services. Expanded amenities. Expanded building staff. Leverage your space. Use our best of class conference center for training and meetings. You and your employees will appreciate the free, fully-staffed fitness center in downtown Minneapolis. Obtain more parking spaces per square foot leased. Our community is amenity and service-rich for you. Avoid downtown’s congestion. Fast and easy in and out saves time and frustration. Award-winning green building: Saving energy, saving resources, saving you operating expenses!
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Listing Agency: Transwestern
Listed By: Jim Montez · License #20043732
Source: Moodyscre
Added: Jul 19, 2024 Changed: Oct 26 Last Checked: Nov 1 at 8:00AM

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

Rey
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Investment Insights

Based on property information with market context.

Located at SPS Tower at 333 S 7th St, these office suites are offered for rent with access to an on-site conference center for training and meetings. The building also provides a free, fully-staffed fitness center for tenants and their employees.

The property is positioned in downtown Minneapolis, and the building is described as offering more parking spaces per square foot leased. Tenant access is marketed as fast and easy in and out, designed to help avoid downtown congestion.

SPS Tower is also presented as an award-winning green building, focused on saving energy and resources and helping reduce operating expenses.

Key Highlights

  • Office suites at SPS Tower include on‑site conference center for training and meetings
  • Free, fully‑staffed fitness center on site for employees and tenants
  • Expanded building staff, services, and amenities at SPS Tower

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12,070
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
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
9,062 SF
Avg Space Size

This space is priced 7% above 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 unit - Office suites at SPS Tower offer on-site conference and a fully-staffed fitness center for employees and tenants.
Where is this office unit located?
The property is located at 333 S 7th St Minneapolis, MN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Office suites at SPS Tower include on‑site conference center for training and meetings; Free, fully‑staffed fitness center on site for employees and tenants; Expanded building staff, services, and amenities at SPS Tower
(612) 419-1557 Call to check price and availability
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