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40-60 S 9th St, Minneapolis, MN

Prime downtown office space with flexible lease terms available.

Space Size807 SF - 12,240 SF
Lot Size12,240.00 Acres
Days on Market327

Property Features for 40-60 S 9th St

General Information

Standard status Active
Size 807 SF - 12,240 SF
Lot size 12,240.00 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 40-60 S 9th St Contact us

Lakewood Building $8 – $10/SF/Yr

Floor 2
Size 1,580 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
Located in the heart of Minneapolis’ Central Business District, just a half block off Nicollet Mall and directly across from Target’s flagship store, the Lakewood Building delivers exceptional value in the CBD and formerly served as the WCCO headquarters. With close proximity to Target and U.S. Bank headquarters, the building is a proven hub for key Target vendors and downtown professionals. Skyway-connected with excellent ingress and egress and easy access to multiple transit options, the Lakewood Building also offers some of the lowest rental rates in the CBD. The landlord is highly motivated and flexible, creating an outstanding opportunity for tenants seeking favorable lease terms in a prime downtown location.
Contact us

Lakewood Building $8 – $10/SF/Yr

Floor 2
Size 2,078 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
Located in the heart of Minneapolis’ Central Business District, just a half block off Nicollet Mall and directly across from Target’s flagship store, the Lakewood Building delivers exceptional value in the CBD and formerly served as the WCCO headquarters. With close proximity to Target and U.S. Bank headquarters, the building is a proven hub for key Target vendors and downtown professionals. Skyway-connected with excellent ingress and egress and easy access to multiple transit options, the Lakewood Building also offers some of the lowest rental rates in the CBD. The landlord is highly motivated and flexible, creating an outstanding opportunity for tenants seeking favorable lease terms in a prime downtown location.
Contact us

Lakewood Building $8 – $10/SF/Yr

Floor 3
Size 1,631 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
Located in the heart of Minneapolis’ Central Business District, just a half block off Nicollet Mall and directly across from Target’s flagship store, the Lakewood Building delivers exceptional value in the CBD and formerly served as the WCCO headquarters. With close proximity to Target and U.S. Bank headquarters, the building is a proven hub for key Target vendors and downtown professionals. Skyway-connected with excellent ingress and egress and easy access to multiple transit options, the Lakewood Building also offers some of the lowest rental rates in the CBD. The landlord is highly motivated and flexible, creating an outstanding opportunity for tenants seeking favorable lease terms in a prime downtown location.
Contact us

Lakewood Building $10 – $14/SF/Yr

Floor 4-5
Size 12,240 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
Located in the heart of Minneapolis’ Central Business District, just a half block off Nicollet Mall and directly across from Target’s flagship store, the Lakewood Building delivers exceptional value in the CBD and formerly served as the WCCO headquarters. With close proximity to Target and U.S. Bank headquarters, the building is a proven hub for key Target vendors and downtown professionals. Skyway-connected with excellent ingress and egress and easy access to multiple transit options, the Lakewood Building also offers some of the lowest rental rates in the CBD. The landlord is highly motivated and flexible, creating an outstanding opportunity for tenants seeking favorable lease terms in a prime downtown location.
Contact us

Lakewood Building $8 – $10/SF/Yr

Floor 3
Size 5,003 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Located in the heart of the CBD, just 1/2 block off the Nicollet Mall, the Lakewood Building offers close proximity to Target and US Bank HQ. Currently a hub for key Target vendors, it is the best location for the money in the CBD. Skyway connected. The Lakewood Building offers convenient access to various transit options and great egress/ingress to and from downtown’s core. Lakewood Building in 2023 is now offering: Month to Month Leases and Part Time Leases • 1 Day Rentals • 2 Day Rentals • 3 Day Rentals • 4 Day Rentals • 5 Day Rentals • Gross Rental Rates • Internet included • Some spaces are furnished • After hour suite cleaning • Cancel Anytime Perfect opportunity for companies that need to be downtown every day and want lease flexibility. Inquire today with questions!
Contact us

Lakewood Building $10 – $14/SF/Yr

Floor 1
Size 3,187 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Located in the heart of the CBD, just 1/2 block off the Nicollet Mall, the Lakewood Building offers close proximity to Target and US Bank HQ. Currently a hub for key Target vendors, it is the best location for the money in the CBD. Skyway connected. The Lakewood Building offers convenient access to various transit options and great egress/ingress to and from downtown’s core. Lakewood Building in 2023 is now offering: Month to Month Leases and Part Time Leases • 1 Day Rentals • 2 Day Rentals • 3 Day Rentals • 4 Day Rentals • 5 Day Rentals • Gross Rental Rates • Internet included • Some spaces are furnished • After hour suite cleaning • Cancel Anytime Perfect opportunity for companies that need to be downtown every day and want lease flexibility. Inquire today with questions!
Contact us

Lakewood Building $8 – $10/SF/Yr

Floor 1
Size 807 SF
Type OFFICE
Lease Type NNN
Availability PENDING, Now
Sublease No
Located in the heart of the CBD, just 1/2 block off the Nicollet Mall, the Lakewood Building offers close proximity to Target and US Bank HQ. Currently a hub for key Target vendors, it is the best location for the money in the CBD. Skyway connected. The Lakewood Building offers convenient access to various transit options and great egress/ingress to and from downtown’s core. Lakewood Building in 2023 is now offering: Month to Month Leases and Part Time Leases • 1 Day Rentals • 2 Day Rentals • 3 Day Rentals • 4 Day Rentals • 5 Day Rentals • Gross Rental Rates • Internet included • Some spaces are furnished • After hour suite cleaning • Cancel Anytime Perfect opportunity for companies that need to be downtown every day and want lease flexibility. Inquire today with questions!
Contact us
Listing Agency: Fine Commercial Real Estate
Listed By: Joe Fine
Source: Moodyscre
Added: Nov 24, 2025 Changed: Oct 15 Last Checked: Oct 16 at 10:13AM

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

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Investment Insights

Based on property information with market context.

Located in the heart of the CBD, just a half block from Nicollet Mall, the Lakewood Building offers proximity to Target and US Bank headquarters. It is a hub for Target vendors and provides convenient access to transit options and egress/ingress to and from downtown's core. The Lakewood Building is skyway connected. In 2023, the Lakewood Building is offering month-to-month and part-time leases, including 1 to 5-day rentals. Gross rental rates and internet are included. Some spaces are furnished, and after-hour suite cleaning is provided. Leases can be canceled anytime. This is an opportunity for companies that need to be downtown daily and desire lease flexibility. The property size is 1631 square feet.

Key Highlights

  • Prime CBD location: Half a block from Nicollet Mall, near Target and US Bank HQ.
  • Flexible lease terms: Month‑to‑month and part‑time leases available, including 1‑5 day rentals.
  • Skyway connected: Convenient access to downtown.

Property Analytics

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Current Use

Office Units

Suggested Use

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

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

10,115
Businesses Nearby
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 - Prime downtown office space with flexible lease terms available.
Where is this office units located?
The property is located at 40-60 S 9th St Minneapolis, MN.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Prime CBD location: Half a block from Nicollet Mall, near Target and US Bank HQ.; Flexible lease terms: Month‑to‑month and part‑time leases available, including 1‑5 day rentals.; Skyway connected: Convenient access to downtown.
(612) 790-0520 Call to check price and availability
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