700 North 5th Street

Off Market

700 North 5th Street, Minneapolis, MN 55401

  • Office
  • Creative Office
  • 56,000 Sqft

700 North 5th Street, Minneapolis, MN 55401 - Office Space

700 North 5th Street is located at 700 North 5th Street in MN, Minneapolis, 55401. The Class A Office building was completed in 2018 and features a total of 56,000 Sqft.

There are 701 office spaces for lease in the Minneapolis city, totaling 6,632,271 Sqft of available office space. The office space availability for the 55401 zip code is 1,161,400 Sqft, in 116 office spaces. The average asking office rent per sq. ft. in Minneapolis is $11857.06/sqft/year. For Class A office buildings the average office rate is $4.49/sqft/year, for Class B office buildings the average office rate is $4.24/sqft/year.

In Minneapolis, there are 70 class A office buildings. In Minneapolis, there are a total of 33 LEED certified office buildings. In 2018, the same year 700 North 5th Street was built, 12 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Minneapolis, featuring 337,800 square feet of commercial space.

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Details

  • City Minneapolis
  • Zip Code 55401
  • Market Minneapolis St Paul
  • Property Type Office - Creative Office
  • Property Size 56,000 Sqft
  • Lot Size 3.51 Acre
  • Parking Spaces Avail. 249
  • Parking Ratio 4.46/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2018

Minneapolis Demographics

The average household income in zip code 55401 is $120,442, from a total of 5,672 households. In terms of employment, there are 97.28 % white-collar and 2.72 % blue-collar jobs in zip code 55401.

Population

  • Total Population411,452
  • Male Population(50.6 %) 208,322
  • Female Population(49.4 %) 203,130
  • Median Age32.10

Income/Financial

  • Average Household Income$81,550
  • Median Household Income$55,720
  • Median Income Under 25$27,918
  • Median Income 25-44$64,037
  • Median Income 45-64$60,690
  • Median Income Over 65$39,632