Regional Acceleration Center

Off Market

1256 Penn Avenue North, Minneapolis, MN 55411

  • Office
  • General Office
  • 84,800 Sqft

Regional Acceleration Center, Minneapolis, MN 55411 - Office Space

Regional Acceleration Center is located at 1256 Penn Avenue North in MN, Minneapolis, 55411. The Class A Office building was completed in 2018 and features a total of 84,800 Sqft.

There are 701 office spaces for lease in the Minneapolis city, totaling 6,632,271 Sqft of available office space. 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 Regional Acceleration Center 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 55411
  • Market Minneapolis St Paul
  • Property Type Office - General Office
  • Property Size 84,800 Sqft
  • Lot Size 1.2 Acre
  • Parking Spaces Avail. 245
  • Parking Ratio 2.89/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2018

Minneapolis Demographics

The average household income in zip code 55411 is $49,512, from a total of 9,468 households. In terms of employment, there are 77.08 % white-collar and 22.92 % blue-collar jobs in zip code 55411.

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