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    12 12Th St Minneapolis, MN 55403

    For Lease
    $12 SF/Yr ($3,501 /Mo)

    3,361 SF Executive Suite - Available Now

    Lot size:
    3,361 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3,361-square-foot executive office space is ideally situated at 12 N 12th Street in Minneapolis, Minnesota, within Hennepin County. The property offers a single-tenant occupancy opportunity, providing complete control and privacy for your business. The entire 3,361 square feet is currently vacant and ready for immediate occupancy, allowing for seamless customization to perfectly suit your company's needs. The building's location in the vibrant Minneapolis area offers excellent access to a diverse range of amenities, including restaurants, transportation options, and other essential businesses. This is a rare chance to secure a substantial, move-in ready executive office space in a highly desirable location. The property is classified as an office building with an executive office subtype. The address is precisely 12 N 12th St, Minneapolis, MN 55403. Its geographic coordinates are latitude 44.975173 and longitude -93.2804223. This presents a unique opportunity for a business seeking a prestigious and functional workspace in the heart of Minneapolis. The property is available for lease and offers a single-tenant occupancy arrangement. The total square footage of the building is 3,361 square feet, all of which is currently vacant. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing for a quick and efficient move-in process. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this prime Minneapolis location.

    Property Features for 12 12Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,361 SF
    Total Rate
    3501.04

    Unit(s) available at that property

    Space
    Suite 480
    Size
    3,361 SF
    Rate per SF
    $12

    HighLights

    • 8 private offices, open workspace with 5 workstations, reception area, conference room, breakroom, kitchenette, and ample storage with abundant natural light.
    • Suite located in Hennepin Crossing's commercial office space within Laurel Village, with a private entrance.
    • Building undergoing major renovation including new amenity spaces: fitness center, rooftop terrace, and party room.
    • Excellent freeway access via I‑394, I‑94, and I‑35.
    Property Profile Location Intelligence

    Current Use by Public Records

    SCHERMER Advertising Agency Tolerance in Motion Learning Center

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2804223
    Latitude
    44.975173

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    FAQs

    What type of property is this?
    Office Property / Space - 3,361 SF Executive Suite - Available Now
    Where is this office property / space located?
    The property is located at 12 12Th St Minneapolis, MN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 8 private offices, open workspace with 5 workstations, reception area, conference room, breakroom, kitchenette, and ample storage with abundant natural light.; Suite located in Hennepin Crossing's commercial office space within Laurel Village, with a private entrance.; Building undergoing major renovation including new amenity spaces: fitness center, rooftop terrace, and party room.
    Request Owner's contact information
    12 12Th St Minneapolis, MN 55403
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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
    12 12Th St Minneapolis, MN 55403
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