Industrial Property for Lease in Plymouth, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Plymouth, MN
  • Size: 98,528 SF
  • Year built: 1997

Description

Lake Point Distribution Center - Available for lease

Market Context

This industrial in Plymouth, MN is listed for lease across 98,528 SF. The building dates to 1997. It has been on the market for 177 days. Compare it against other industrial listings for lease in Plymouth, MN — <a href="/search/lease/industrial/minnesota/plymouth">view the full market</a>.

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: Consensus Q1 2026 market report.

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 Consensus.
Is the Minneapolis industrial market tightening or softening?
Vacancy is around 4.0% (Q1 2026).

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