Mayo Clinic Square — Sale in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Minneapolis, MN 55403

Description

Mayo Clinic Square is most dynamic, visible and highly energized office and retail space in downtown Minneapolis.Through a partnership with Mayo Clinic, the Minnesota Timberwolves and Minnesota Lynx, tenants and visitors to Mayo Clinic Square are part of the most vibrant redevelopment project in Minneapolis. As the only Class A office and retail space available in the downtown, three-block Billboard District, tenants at Mayo Clinic Square have unparalleled marketing, visibility and branding opportunities, while benefiting from the amenities of downtown’s most connected block. Mayo Clinic Square includes: • New facades on all sides of the building • Two grand entrances on First Avenue and Hennepin Avenue, connected with a multi-tenant lobby and corridor, open to the skyway • Repositioning of existing retailers to create optimal accessibility for tenants and guests • Interior connection to The Lofton Hotel and meeting facilities • Open first floor street and second floor skyway level space for unique and highly visible leasing opportunities

Market Context

This office in Minneapolis, MN is listed for sale. It has been on the market for 140 days. Compare it against other office listings for sale in Minneapolis, MN — view the full market.

As of Q1 2026, the Minneapolis office market showed average asking rents near $29.92/SF/yr, and cap rates around 12.1%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Minneapolis?
About 12.1% as of Q1 2026, per multiple brokerage reports.

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