Retail and Skyway Service
For Lease
Contact for pricing
706 S 2nd Ave, Minneapolis, MN 55402
Street-level suites with floor-to-ceiling glass and available skyway space at Baker Center in downtown Minneapolis.
Space Size3,026 SF
Days on Market809
Property Features for 706 S 2nd Ave
General Information
Standard status
Active
Size
3,026 SF
Property subtype
OFFICE
Lease Type
NNN
Site & Location
Neighborhood
Downtown West
Additional Details
Flexible Term
Yes
Building Details
Tenancy
Multi
Spaces For Lease
at 706 S 2nd Ave
Baker Center Bldg 706
$17.50/SF/Yr
Floor
8
Size
3,026 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Renovated and including all of the amenities today’s modern workforce demands, Baker Center’s connectivity to everything downtown is unmatched. With its four skyway connections and coveted retailers, Baker Center’s position in the epicenter of the CBD creates a distinctive buzz.
Contact us
Listing Agency:
JLL
(612) 217-5150
Listed By:
Brent Karkula · License #20135879
(612) 327-7048
Source:
Moodyscre
Added: Aug 13, 2024
Changed: Oct 25
Last Checked: Oct 28 at 7:43AM
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 JLL
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Baker Center offers premier retail and service opportunities with street-level spaces featuring floor-to-ceiling glass, along with highly visible skyway-level suites. Availability includes multiple first-floor configurations, including 1,706 SF (Suite 100) and options up to 6,744 SF (Suite 150), with select suites available as contiguous space. The second floor also features a range of suite sizes, including 405 SF (Suite 275) up to 3,590 SF (Suite 282), plus a current coffee shop space.
The building is positioned in downtown Minneapolis with pedestrian traffic highlighted in the skyways, supported by nearby co-tenants including Metro Transit, Sir Speedy, Fast Signs, Omni Invictus, J&D Dental, Hen House Eatery, and Sew Biz Tailoring on the first floor, and retailers and offices on the second floor. Marquette Avenue and other surrounding streets list vehicular traffic counts in the thousands of vehicles per day, and light rail service access is noted two blocks away. Parking may be available via a building parking ramp, with 3,400 stalls within a one-block walk.
Street-level retail includes an up to 4,711 SF restaurant space, and flexible lease terms are available for pop-up shops.
The building is positioned in downtown Minneapolis with pedestrian traffic highlighted in the skyways, supported by nearby co-tenants including Metro Transit, Sir Speedy, Fast Signs, Omni Invictus, J&D Dental, Hen House Eatery, and Sew Biz Tailoring on the first floor, and retailers and offices on the second floor. Marquette Avenue and other surrounding streets list vehicular traffic counts in the thousands of vehicles per day, and light rail service access is noted two blocks away. Parking may be available via a building parking ramp, with 3,400 stalls within a one-block walk.
Street-level retail includes an up to 4,711 SF restaurant space, and flexible lease terms are available for pop-up shops.
Key Highlights
- Baker Center in downtown Minneapolis features nearly 1,000,000 SF of newly renovated office space
- Prime street‑level retail/service opportunities with floor‑to‑ceiling glass along prominent Marquette Ave, 2nd Ave, 7th St & 8th St
- Up to 4,711 SF restaurant space available, plus flexible lease terms for pop‑up shops
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
12,070
Businesses Nearby
85k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 84%
Shops & Services 10%
Dining 5%
Embassy Suites By Hilton Minneapolis Downtown
Hotels & Casinos
22,460 visits/mo
0.3 miles
Renaissance Minneapolis Hotel, the Depot
Hotels & Casinos
15,872 visits/mo
0.4 miles
Hampton Inn & Suites Minneapolis/Downtown
Hotels & Casinos
10,010 visits/mo
0.4 miles
Residence Inn by Marriott Minneapolis Downtown at The Depot
Hotels & Casinos
7,558 visits/mo
0.5 miles
Wells Fargo
Shops & Services
7,070 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Minneapolis, MN
$15.8 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
7,215 SF
Avg Space Size
This space is priced 11% above the average of $15.8 /SF/Yr.
Vacancy Rate% for Retail in Minneapolis, MN
Frequently Asked Questions
What type of property is this?
Retail space - Street-level suites with floor-to-ceiling glass and available skyway space at Baker Center in downtown Minneapolis.
Where is this retail space located?
The property is located at 706 S 2nd Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Baker Center in downtown Minneapolis features nearly 1,000,000 SF of newly renovated office space; Prime street‑level retail/service opportunities with floor‑to‑ceiling glass along prominent Marquette Ave, 2nd Ave, 7th St & 8th St; Up to 4,711 SF restaurant space available, plus flexible lease terms for pop‑up shops
