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Nicollet Mall Office Building
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651 Nicollet Mall, Minneapolis, MN

Office building located on Nicollet Mall in Minneapolis.

Space Size27,500 SF
Lot Size1.51 Acres
Days on Market271

Property Features for 651 Nicollet Mall

General Information

Standard status Active
Size 27,500 SF
Lot size 1.51 Acres
Property subtype OFFICE

Spaces For Lease

at 651 Nicollet Mall Contact us

Gaviidae Commons Fifth Floor Office Space For Lease $21.50/SF/Yr

Floor
5
Size
27,500 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
• 22,000–27,500 SF of flexible, contiguous space • Fully furnished (furniture...
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Listing Agency: Cushman & Wakefield
Listed By: Katie Tufford
Source: Moodyscre
Added: Nov 23, 2025 Changed: Aug 8 Last Checked: May 19 at 9:37PM

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 Cushman & Wakefield

Investment Insights

Based on property information with market context.

This office building offers 26,170 square feet of space. It is located on Nicollet Mall in Minneapolis, Minnesota.

Key Highlights

  • Located on Nicollet Mall in Minneapolis
  • Office building

Property Analytics

Current Use

Presence (Bike/Boat/Book/etc) Store Bank of America Home ... Loan Service North Memorial Health ... Medical Clinic Dayton YMCA at Gaviidae Gym & Fitness Center Top Memory Upgrade ... Computer & Electronic Repair

Suggested Use

Top Pick Electrical Service Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Locksmith

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
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12,784
Businesses Nearby

Market

Lease Benchmarks for Minneapolis, MN

$19.2 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
31,413 SF
Avg Space Size

This space is priced 12% above the average of $19.2 /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 building - Office building located on Nicollet Mall in Minneapolis.
Where is this office building located?
The property is located at 651 Nicollet Mall Minneapolis, MN.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: Located on Nicollet Mall in Minneapolis; Office building
(612) 343-7113 Call to check price and availability
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