Industrial Property for Lease in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Minneapolis, MN 55413
  • Size: 4,859 SF

Description

Unlock the potential of this ideally located 4,859 SF Flex & Office-Warehouse building, constructed in 1947 and zoned PR2, as you explore a prime leasing opportunity in NE Minneapolis. Boasting a coveted location in a vibrant neighborhood, and a hard to find small bay space with Drive-In door and outdoor storage. A variety of uses are possible with this space as you have an office, showroom or work space in front of building, along with ample delivery and work space in rear of building. This property offers a common front entrance, shared restroom and outdoor storage space, with the owner-user occupying the remaining space. Building SF: 4859 | Listing Type: FOR LEASE

Market Context

This industrial in Minneapolis, MN is listed for lease across 4,859 SF. It has been on the market for 39 days. Compare it against other industrial listings for lease in Minneapolis, MN — <a href="/search/lease/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

$1.02/SF/mo – $1.38/SF/mo

Mid: $1.20/SF/mo

Total estimate for 4,859 SF: $5,831

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

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