Building Details

Building Size 3,361 SF

Tenancy Single

Spaces For Lease

at 12 N 12th St Contact us

Suite 480

Size

3,361 SF

Type

Office

Availability

Active

Contact us

Listing Agency: Colliers - Minneapolis - St. Paul, Minnesota Show Phone

Listed By: Lisa Christianson · License #20313253

Source: Crexi

Added: May 31, 2023 Changed: Aug 8 Last Checked: Aug 21 at 11:26AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers 3,361 square feet of office space available for lease.

Key Highlights

• 3,361 SF Office Space

Property Analytics

Property Profile

Current Use

SCHERMER Marketing & Advertising Tolerance in Motion Training Center

Suggested Use

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

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

$1.88 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

8,753

Businesses Nearby

Explore this area Business Placement

Demographics for 55403, MN

17,707

Population

12,906

Households

1.4

Avg Household Size

35

Median Age

59%

College-Educated

96%

High-School Grad

1.4 sq mi

ZIP Area

12,648

Density / Sq Mi

$59,928

Median Household Income

$50,876

Median Earnings

$1,199

Median Rent

$285,200

Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$16.08 /SF/Yr

Avg Asking Price

$1.67–$26 /SF/Yr

Price Range

7,901 SF

Avg Space Size

This space is priced 22% below the average of $16.08 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - 3,361 SF office space available for lease.

Where is this office units located?

The property is located at 12 N 12th St Minneapolis, MN.

What is the lease rate?

The lease rate is $12.50 SF/Yr.

What are key features of this property?

This property features: 3,361 SF Office Space