Silver Lake Plaza — Lease in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Minneapolis, MN 55413
  • Size: 58,500 SF
  • Year built: 1967

Description

Market Context

This office in Minneapolis, MN is listed for lease across 58,500 SF. The building dates to 1967. It has been on the market for 114 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

Estimated total for 58,500 SF: $139,230 per month

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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