Nordost Exchange — Lease in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Minneapolis, MN 55413

Description

Nordost Exchange - Office/Retail for Lease Nordost Exchange, redeveloped in 2018 pairs classic Nordic minimalism with well-being and comfort to create the perfect work like balance in a dynamic neighborhood.

Market Context

This office in Minneapolis, MN is listed for lease. It has been on the market for 196 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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