Olympia Business Center — Lease in Bloomington, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Bloomington, MN 55425

Description

Industrial | For Lease: 2,158 - 14,097 SF 54,355 square foot office/showroom building for lease.AvailableBuilding 1401Suite 10: 9,869 SF office 4,228 SF warehouse 14,097 SF total- Divisible to 5,000 SF- Includes 3 drive-in loadi Key Facts Parking:: Ratio of 3.69/1,000 Ceiling Height:: 14' Loading Docks:: Dock/Drive-in Loading Zoning: FD-1: Freeway Development District Building 1401 Suite 10: 9,869 SF office 4,228 SF warehouse 14,097 SF total - Divisible to 5,000 SF - Includes 3 drive-in loading door - Landlord willing to remove office and create warehouse as needed Building 1325 Suite 2: 2,158 SF office Specifications Parking: Ratio of 3.69/1,000 Ceiling Height: 14' Loading Docks: Dock/Drive-in Loading Zoning FD-1: Freeway Development District Parking: Ratio of 3.69/1,000 Ceiling Height: 14' Loading Docks: Dock/Drive-in Loading Zoning FD-1: Freeway Development District Claire Roberts Vice President Minneapolis - St. Paul License #: 40030563 +1 952 897 7763 Call Now +1 952 897 7763 License #: 40030563

Market Context

This industrial in Bloomington, MN is listed for lease. It has been on the market for 175 days. Compare it against other industrial listings for lease in Bloomington, 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).

Estimated Market Rate

$0.66/SF/mo – $0.90/SF/mo

Mid: $0.78/SF/mo

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

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