Skyway-Connected Office
For Lease
Contact for pricing
40-60 S 9th St, Minneapolis, MN 55402
Office building in Minneapolis CBD, skyway-connected and directly across from Target’s flagship store.
Property Size12,240 SF
Days on Market240
Property Features for 40-60 S 9th St
General Information
Standard status
Active
Size
12,240 SF
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Flexible Term
Yes
Amenities
skyway-connected
Listing Agency:
Fine Commercial Real Estate
(612) 790-0520
Listed By:
Joe Fine
(612) 790-0520
Source:
Moodyscre
Added: Dec 3, 2025
Changed: Jul 28
Last Checked: Jul 30 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 Fine Commercial Real Estate
Investment Insights
Based on property information with market context.
The Lakewood Building is a skyway-connected office property located in Minneapolis’ Central Business District. The building previously served as the WCCO headquarters, offering a downtown office setting for businesses looking for established CBD space.
The property is positioned just a half block off Nicollet Mall and directly across from Target’s flagship store. It is also described as being near the U.S. Bank headquarters, with access to multiple transit options and noted ingress and egress advantages.
The landlord is described as highly motivated and flexible, with the building positioned as a value-oriented option in the CBD rental market.
The property is positioned just a half block off Nicollet Mall and directly across from Target’s flagship store. It is also described as being near the U.S. Bank headquarters, with access to multiple transit options and noted ingress and egress advantages.
The landlord is described as highly motivated and flexible, with the building positioned as a value-oriented option in the CBD rental market.
Key Highlights
- Office building in Minneapolis CBD, about a half block off Nicollet Mall
- Directly across from Target’s flagship store
- Skyway‑connected with ingress and egress access
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
10,115
Businesses Nearby
Explore this area
Business Placement
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
$17 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
76,115 SF
Avg Space Size
This space is priced 41% below the average of $17 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Office building in Minneapolis CBD, skyway-connected and directly across from Target’s flagship store.
Where is this office building located?
The property is located at 40-60 S 9th St Minneapolis, MN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Office building in Minneapolis CBD, about a half block off Nicollet Mall; Directly across from Target’s flagship store; Skyway‑connected with ingress and egress access
