Medical Arts Building Sublease - 19,488 SF — Lease in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Minneapolis, MN 55402

Description

Office | For Sublease: 19,488 SF • Expansive Footprint: Almost 20,000 SF of adaptable medical space with exam rooms, procedure space, lab, imaging, etc.• Prestigious Location: Situated in the historic Medical Arts Building, Key Facts Space Available Suite 300: 19,488 SF Misty Bowe Senior Vice President Minneapolis - St. Paul License #: 40306737 +1 952 897 7713 Call Now +1 952 897 7713 6128054580 Call Mobile 6128054580 License #: 40306737

Market Context

This office in Minneapolis, MN is listed for lease. It has been on the market for 176 days. Compare it against other office listings for lease 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.

Estimated Market Rate

$2.02/SF/mo – $2.74/SF/mo

Mid: $2.38/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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

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