612-701-4320
625 Marquette Ave, Minneapolis, MN for Sale
Office - FOR SALE
1/30
null | Request Cap Rate

625 Marquette Ave
Minneapolis, MN 55402
Downtown West


HIGHLIGHTS

  • The Skygarden - A stunning, 10,000 SF outdoor rooftop terrace capable of hosting 350 people; serves as an instant "crown jewel" amenity.
  • Northstar Ramp - A massive, 7-story on-site covered parking facility with 24/7 access, offering the highest parking ratio in downtown Minneapolis.
  • The Vaults - 90,000 SF of robust on-site storage/warehousing with direct loading docks, easily repurposed for residential tenant storage, bikes etc.
  • Vertical Infrastructure - Existing private elevator cabs and flexible floor layouts allow for clean architectural division into private residential.

OVERVIEW

An unparalleled opportunity to reshape the hard corner of Main & Main of the Upper Midwest’s financial center. Boasting a recent $100 million renovation of world class improvements and amenities, the Northstar Center offers 394,856 square feet of historic, mixed-use office environment in an irreplaceable Minneapolis CBD location. CBRE is proud to present the Northstar Office Center, a once in a generation opportunity to acquire a foundational piece of the Minneapolis CBD at a substantial discount to replacement cost. Northstar Center is located in the center of the bullseye of the financial capital of the Upper Midwest sharing the intersection of 7th & Marquette with the IDS Center and Wells Fargo tower on one side and 6th & Second Avenue with the Capella Tower on on the other. Recently enhanced by $100 million of complex-wide capital infusions and improvements, this 17-story, 394,856 square-foot office tower is positioned as the premier “experiential workplace” for the hybrid era. Unequalled amenities including the Sky Garden, downtown’s largest outdoor patio venue with stunning skyline views adjacent to the elegant Rosewood Room private bar and event space and one of a kind indoor golf club, to name a few. Northstar Office Center has a location and opportunity that is second to none in the Minneapolis CBD.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northstar Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

17

BUILDING CLASS

A

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

1000

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

B4-2

APN/PARCEL ID

27-029-24-11-0153

ASK ABOUT THIS PROPERTY

Stephen LysenCBRE, Inc.More Info
612-701-4320

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Stephen LysenCBRE, Inc.More Info
612-701-4320

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