Southpoint Tower Sublease — Lease in Bloomington, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Bloomington, MN 55431

Description

Office | For Sublease: 17,294 SF Fully furnished, move-in ready opportunity17,294 RSF AvailableHigh end finishes with amazing viewsCovered ramp parking availableNewly renovated building amenities including fitness center, conference Key Facts Nathan Karrick Vice President Minneapolis - St. Paul License #: 40260684 +1 952 897 7722 Call Now +1 952 897 7722 +1 651 214 4555 Call Mobile +1 651 214 4555 License #: 40260684

Market Context

This office in Bloomington, MN is listed for lease. It has been on the market for 177 days. Compare it against other office listings for lease in Bloomington, 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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