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    122 Franklin Ave Minneapolis, MN 55404

    Sponsored
    For Lease
    $29 SF/Yr ($12,011 /Mo)

    Modern Office Space, 3 Suites Available

    Lot size:
    4,886 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office building at 122 W Franklin Ave in Minneapolis, MN, offers three available suites perfect for discerning businesses. Located in Hennepin County, zip code 55404, the property boasts a total of 4,886 square feet. Individual suites range from a minimum of 1,430 square feet to a maximum contiguous space of 1,988 square feet, providing flexibility for various business needs. The building currently has 5,366 square feet of vacant space ready for immediate occupancy. Ample free parking is available in a convenient surface lot, eliminating the hassle of finding parking for employees and clients. The building's multiple tenancy structure ensures a diverse and vibrant professional environment. This is an excellent opportunity to establish a presence in a desirable Minneapolis location. The address is 122 W Franklin Ave, Minneapolis, MN 55404. The property is conveniently located at latitude 44.9630112 and longitude -93.2804896. This is a rare opportunity to secure high-quality office space in a thriving area. Contact us today to schedule a viewing and secure your ideal workspace.

    Property Features for 122 Franklin Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,886 SF
    Total Rate
    12011.42

    Unit(s) available at that property

    Space
    Suite 508
    Size
    1,988 SF
    Rate per SF
    $29
    Space
    Suite 218
    Size
    1,430 SF
    Rate per SF
    $29
    Space
    Suite 510
    Size
    1,948 SF
    Rate per SF
    $29

    HighLights

    • Three suites available, 1,430 - 1,988 SF each, totaling 4,886 SF in a 5,366 SF building.
    • Ample free surface parking.
    • Staffed front desk.
    • Free conference rooms.
    • Security cameras throughout.
    • Ideal for non‑profit or religious organizations.
    Property Profile Location Intelligence

    Current Use by Public Records

    The ELI Project Association Or Organization Operation Boot Strap ... Non-Profit Organization Sheltering Arms Foundation Foundation CBE International Religious Organization Minnesota Church Center Community Center

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2804896
    Latitude
    44.9630112

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Space, 3 Suites Available
    Where is this office property / space located?
    The property is located at 122 Franklin Ave Minneapolis, MN.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: Three suites available, 1,430 - 1,988 SF each, totaling 4,886 SF in a 5,366 SF building.; Ample free surface parking.; Staffed front desk.
    Request Owner's contact information
    122 Franklin Ave Minneapolis, MN 55404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    122 Franklin Ave Minneapolis, MN 55404
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