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Office Suite with Conference Room
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575-701 9th St SE, Minneapolis, MN 55414

Office space features a kitchenette, a large conference room, four private offices, and an open desk area.

Property Size2,441 SF
Days on Market725

Property Features for 575-701 9th St SE

General Information

Standard status Active
Size 2,441 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Business Included No

Amenities

kitchenette
conference room
Listing Agency: Hillcrest Development, LLLP
Listed By: Charlie Nestor
Source: Moodyscre
Added: Aug 7, 2024 Changed: Jul 28 Last Checked: Aug 1 at 4:58AM

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 Hillcrest Development, LLLP

Investment Insights

Based on property information with market context.

This bright office suite includes a kitchenette, a large conference room, four private offices, and a spacious open area suitable for desks or cubes. Brick walls and tall ceilings add character and volume to the layout.

Part of the 9th Street Center business campus, the property is made up of nine buildings constructed between 1910 and the 1950s, offering a range of leasing options across the campus.

Within the suite, the configuration supports both collaborative meetings in the conference room and day-to-day work through the private offices and open workstation area.

Key Highlights

  • Office space includes a kitchenette, large conference room, and open area for desks or cubes
  • Includes 4 private offices for separate work areas
  • Brick walls and tall ceilings

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Nail Salon Dental Office Accounting Firm Pharmacy Auto Parts Store Storage Facility

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,228
Businesses Nearby

Demographics for 55414, MN

36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value

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 11% below 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 features a kitchenette, a large conference room, four private offices, and an open desk area.
Where is this office units located?
The property is located at 575-701 9th St SE Minneapolis, MN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Office space includes a kitchenette, large conference room, and open area for desks or cubes; Includes 4 private offices for separate work areas; Brick walls and tall ceilings
(612) 623-2475 Call to check price and availability
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