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Nine-Suite Office Property
New
For Lease
$16 SF/Yr

4024 N Washington Avenue, Minneapolis, MN 55412

Includes restroom facilities, one with a shower, plus on-site parking and continuous building access.

Space SizeContact for details
Property Size4,000 SF
Days on Market7

Property Features for 4024 N Washington Avenue

General Information

Standard status Active
Size 4,000 SF
Lease Type NNN

Space & Availability

Space Use Office
Private Offices 9

Lease Terms

Lease Rate $16 /USD/SF/YR
Rent per SF/Year $16

Taxes and HOA fees

Annual Taxes $6,687

Amenities

24/7 access
free onsite parking
internet
snow removal
lawn care
Listing Agency: BRIX Real Estate
Listed By: Ramsey Sorrells
Source: Exprealty
Added: Sep 10 Changed: Sep 15 Last Checked: Sep 15 at 2:29PM

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 BRIX Real Estate

Investment Insights

Based on property information with market context.

Located at 4024 N Washington Avenue in Minneapolis, this office property provides more than 4,000 square feet across 9 separate office suites. The building includes two bathrooms, with one featuring a shower, along with on-site parking for occupants and visitors.

Building access is available 24/7. Internet, snow removal, and lawn care are included with the monthly occupancy arrangement, while tenants are responsible for water, sewer, electric, and gas. The suite layout offers a range of individual office configurations within one property.

Key Highlights

  • More than 4,000 square feet arranged across 9 separate office suites
  • Two bathrooms, including one with a shower
  • 24/7 building access

Property Analytics

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Current Use

Minuteman Press Uptown Marketing & Advertising Record Nations Storage Facility

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Spa & Massage Center Pharmacy

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

Demographics for 55412, MN

23,800
Population
9,676
Households
2.5
Avg Household Size
33
Median Age
28%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
7,000
Density / Sq Mi
$71,905
Median Household Income
$42,494
Median Earnings
$1,340
Median Rent
$226,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Minneapolis, MN

$18.11 /SF/Yr
Avg Asking Price
$6.5–$26 /SF/Yr
Price Range
9,093 SF
Avg Space Size

This space is priced 12% below the average of $18.11 /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 - Includes restroom facilities, one with a shower, plus on-site parking and continuous building access.
Where is this office units located?
The property is located at 4024 N Washington Avenue Minneapolis, MN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: More than 4,000 square feet arranged across 9 separate office suites; Two bathrooms, including one with a shower; 24/7 building access
More about this property
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