505 Waterford — Lease in Plymouth, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Plymouth, MN 55441

Photos

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Description

Discover Plymouth's Finest Waterford Office Park is a two building (605 and 505), Class A united workplace campus prominently located in the heart of Plymouth off Highway 169 and Highway 55 with access to every necessity for a productive work day within the park.

Market Context

This office in Plymouth, MN is listed for lease. Compare it against other office listings for lease in Plymouth, MN — view the full market.

As of Q1 2026, the Minneapolis office market showed a 26.4% vacancy rate, average asking rents near $29.95/SF/yr, and rents up 3.4% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Minneapolis office market tightening or softening?
Vacancy is around 26.4%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$2.06/SF/mo – $2.78/SF/mo

Mid: $2.42/SF/mo

Based on comparable properties in similar markets rather than local sales.

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