Kasota Business Center — Lease in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Minneapolis, MN
  • Size: 195,622 SF
  • Year built: 1996

Description

Kasota Business Center - Available for lease

Market Context

This industrial in Minneapolis, MN is listed for lease across 195,622 SF. The building dates to 1996. It has been on the market for 210 days. Compare it against other industrial listings for lease in Minneapolis, MN — view the full market.

As of Q1 2026, the Minneapolis industrial market showed a 4.0% vacancy rate, average asking rents near $8.00/SF/yr, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

What is the typical cap rate for industrial in Minneapolis?
About 5.8% as of Q1 2026, per multiple brokerage reports.
Is the Minneapolis industrial market tightening or softening?
Vacancy is around 4.0% (Q1 2026).

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