Industrial Property for Sale in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Minneapolis, MN 55418
  • Size: 47,997 SF
  • Year built: 1973

Description

Med-Tek - Available for sale

Market Context

This industrial in Minneapolis, MN is listed for sale across 47,997 SF. The building dates to 1973. It has been on the market for 144 days. Compare it against other industrial listings for sale in Minneapolis, MN — <a href="/search/sale/industrial/minnesota/minneapolis">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).

Unified Estimate

Medium Confidence

$7.89/SF – $10.67/SF

Mid: $9.28/SF

Total estimate for 47,997 SF: $445,412

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

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