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Street-Level Retail Suite with Glass Frontage
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706 S 2nd Ave, Minneapolis, MN 55402

Street-level retail options at Baker Center offer prominent floor-to-ceiling glass and multiple suite sizes for leasing.

Space Size617 SF
Days on Market762

Property Features for 706 S 2nd Ave

General Information

Standard status Active
Size 617 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 706 S 2nd Ave Contact us

Baker Center Bldg 706 $17.50/SF/Yr

Floor
6
Size
617 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Renovated and including all of the amenities today’s modern workforce demands,...
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Listing Agency: JLL
Listed By: Brent Karkula · License #20135879
Source: Moodyscre
Added: Aug 13, 2024 Changed: Sep 9 Last Checked: Sep 12 at 11:03AM

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

Investment Insights

Based on property information with market context.

Baker Center in downtown provides street-level retail and highly visible skyway-level suites. Several first-floor options include storefronts with floor-to-ceiling glass. Available first-floor suites range from smaller spaces to larger configurations, including suites listed individually and select contiguous opportunities.

First-floor availability includes 705 Building suites 100, 111, 113, 115, and 135; 706 Building suites 100, 130, 137, 140, 141, 143, and 150; and 730 Building suite 150, along with 733 Building suites 103 and 104. Second-floor availability includes both retail/service configurations and a current coffee shop space (705 Building suite 247). One second-floor suite is noted as a former restaurant space with hood and venting. Lease rates are listed as negotiable, and flexible lease terms are referenced for pop-up shops.

The property is served by prominent downtown pedestrian traffic within Minneapolis skyways, with Marquette Avenue reporting 11,189 VPD, 2nd Ave S 7,621 VPD, 7th St 7,660 VPD, and 8th St 4,308 VPD. Co-tenants on the first and second floors include multiple established local businesses, and Baker Center is within walking distance of major venues such as The Orpheum and Target Field.

Key Highlights

  • Baker Center is nearly 1,000,000 SF of newly renovated downtown Minneapolis office space.
  • Street‑level retail suites feature floor‑to‑ceiling glass on prominent Marquette Avenue, 2nd Avenue, 7th and 8th Streets.
  • Up to 4,711 SF restaurant space available on the street level, plus flexible lease terms for pop‑up shops.

Property Analytics

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Open Analytics

Current Use

CATS Software Inc. (Bike/Boat/Book/etc) Store Aleran Software Inc (Bike/Boat/Book/etc) Store Memorial Blood Centers Blood Bank Brehm Group: Bird ... Insurance Agency NBW Insurance Group Insurance Agency

Suggested Use

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

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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12,070
Businesses Nearby
85k
Monthly Visits Nearby
Balanced
Demand for This Use

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

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Street-level retail options at Baker Center offer prominent floor-to-ceiling glass and multiple suite sizes for leasing.
Where is this storefront property 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 is nearly 1,000,000 SF of newly renovated downtown Minneapolis office space.; Street‑level retail suites feature floor‑to‑ceiling glass on prominent Marquette Avenue, 2nd Avenue, 7th and 8th Streets.; Up to 4,711 SF restaurant space available on the street level, plus flexible lease terms for pop‑up shops.
(612) 327-7048 Call to check price and availability
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