952-893-7592
2125 Hennepin Ave E, Minneapolis, MN for Sale
Office - FOR SALE
1/5
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2125 Hennepin Ave E
Minneapolis, MN 55413
Northeast Park


HIGHLIGHTS

  • Fully modernized creative office property featuring exposed timber columns, brick walls, and unique architectural character
  • Amenities include renovated lobby and common areas, fitness center, bike storage, improved restrooms, and shower facilities for tenant convenience
  • Centrally positioned along East Hennepin Avenue, offering walkable access to vibrant Northeast Minneapolis dining, breweries, and retail destinations
  • Recently underwent a $1 million capital improvement program, elevating the property into a leading boutique office asset in the Twin Cities
  • Currently 92% leased with a secure tenant mix and an attractive weighted average lease term of 6.0 years, providing stability for investors
  • Provides on-site parking and direct connections to major Minneapolis road networks, ensuring ease of access for employees and visitors

OVERVIEW

Cushman & Wakefield is pleased to present Nordost Exchange, a 26,550 SF boutique creative office asset located along E. Hennepin Avenue in Northeast Minneapolis. Formerly the headquarters of the YMCA of the Greater Twin Cities, the property was acquired by Hyde Development in 2018 and subsequently transformed through a $1 million capital improvement program that repositioned it into one of premier creative office assets in the Twin Cities. Nordost Exchange has been fully modernized with a minimalist, Scandinavian aesthetic closely aligned with the expectations of today’s creative office users. The site has been intentionally curated for a diverse mix of users—ranging from wellness practices and design studios to professional service firms which is supported by the free on-site parking and walkable access the neighborhood’s restaurants, breweries, and retail. Nordost Exchange stands as a compelling acquisition opportunity supported by durable demand for brick-and-timber creative office space, strong submarket fundamentals, recent substantial reinvestment, and the enduring appeal of Northeast Minneapolis as a live-work-play destination.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nordost Exchange

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

I1

APN/PARCEL ID

18-029-23-34-0065

ASK ABOUT THIS PROPERTY

Avery TicerCushman & Wakefield Minneapolis-St. PaulMore Info
952-893-7592

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Avery TicerCushman & Wakefield Minneapolis-St. PaulMore Info
952-893-7592

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.