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Downtown Minneapolis Office Space Available
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88 S 10th St, Minneapolis, MN 55403

Office space for rent in downtown Minneapolis near Nicollet Mall.

Space Size1,923 SF - 12,604 SF
Property Size35,500 SF
Days on Market2050

Property Features for 88 S 10th St

General Information

Standard status Active
Size 1,923 SF - 12,604 SF
Property subtype Office
Lease Type Net

Building Details

Building Size 35,500 SF
Year Built 1909
Tenancy Multiple

Spaces For Lease

at 88 S 10th St Contact us

1st floor - Annex

Size
1,985 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us

2nd floor - Annex

Size
1,923 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us

2nd floor - Main Building

Size
6,738 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us

3rd floor

Size
8,679 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us

4th & 5th floor

Size
12,604 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Kenwood Commercial
Listed By: Michael Doyle · License #MN
Source: Crexi
Added: Jan 9, 2021 Changed: Aug 8 Last Checked: Aug 20 at 10:57AM

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 Kenwood Commercial

Investment Insights

Based on property information with market context.

Located one-half block from Nicollet Mall, this commercial property in downtown Minneapolis offers convenient access to I-35W and I-394. The building is within walking distance of shopping, entertainment, restaurants, sports venues, and green spaces. The property is known as the former home of Schmitt Music and its five-story Music Wall mural. Two new skyway connections are planned with the construction of a new Class A building next door at 900 Marquette. The building also offers proximity to multiple skyway connections.

Key Highlights

  • Prime location: Just a half block from Nicollet Mall.
  • Excellent connectivity: Near multiple skyway connections with two new connections planned.
  • Convenient transportation: Easy access to I‑35W and I‑394.

Property Analytics

Current Use

Keith J. Kerfeld Law Firm Tewksbury & Kerfeld PA Law Firm Shenehon Company Real Estate Agency Baker Appraisals Inc Real Estate Agency New Lab Business Management Consultant

Suggested Use

Top Pick Auto Parts Store Building Supply Electrical Service HVAC Service Veterinary Clinic Garden Center

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

9,725
Businesses Nearby

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

$19.2 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
31,413 SF
Avg Space Size

This space is priced 48% below the average of $19.2 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office space for rent in downtown Minneapolis near Nicollet Mall.
Where is this office building located?
The property is located at 88 S 10th St Minneapolis, MN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Prime location: Just a half block from Nicollet Mall.; Excellent connectivity: Near multiple skyway connections with two new connections planned.; Convenient transportation: Easy access to I‑35W and I‑394.
(612) 240-7967 Call to check price and availability
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