952-230-1592
651 Nicollet Mall, Minneapolis, MN for Rent

Office/Retail, Retail - For Rent
1/30
780-5,200 SF | 5 Spaces

651 Nicollet Mall
Minneapolis, MN 55402


HIGHLIGHTS

  • Established Tenants: Home to YMCA, Dunn Brothers Coffee, Planet Smoothie, and more, creating a balanced ecosystem of businesses.
  • High Traffic Area: Proximity to Nicollet Mall transit lanes and major attractions like U.S. Bank Stadium and Target Field ensures consistent traffic
  • Target’s commercial HQ (~7,000 employees) returning to office 3 days/week starting September 2025
  • Estimated 150,000+ office workers expected in Skyway and on Nicollet Mall during peak weekdays
  • 1,800+ downtown events scheduled this year, including Aquatennial, Holidazzle, Pride, and Taste of Minnesota
  • 3.7% year-over-year residential growth (and 39% total growth since 2017)

OVERVIEW

Welcome to Gaviidae Commons At the Center of Downtown’s Comeback Gaviidae Commons sits at the heart of Nicollet Mall, one of Minneapolis’ most iconic urban corridors. Blending historic character with unbeatable Skyway access, this architecturally unique property is directly connected to many of downtown’s most trafficked towers including the Wells Fargo Center, IDS Center, RBC Plaza, and City Center—making it a central artery in the city’s day-to-day movement. Anchored by national brands like Walgreens and the YMCA, and complemented by Dunn Brothers Coffee, Planet Smoothie, Lontis Day Spa, Freshii, and Fixology, Gaviidae has reestablished itself as a key downtown destination. With elegant barrel-vaulted ceilings and bright common areas, the building offers a welcoming environment for tenants, customers, and the daily Skyway crowd. But what’s happening now is bigger than just great architecture it’s a full downtown resurgence. Target recently announced that its commercial headquarters, with roughly 7,000 employees, is returning to the office three days a week starting this September. They’re not alone. Companies like Ameriprise, U.S. Bank, Xcel Energy, and 3M are also pushing forward with return-to-office plans, creating a seismic shift in weekday activity across the core. On peak days, downtown Minneapolis is expected to see upwards of 150,000 office workers moving through the Skyway system and Nicollet Mall—bringing a wave of lunchtime, after-work, and impulse foot traffic that the area hasn’t seen in years. At the same time, residential population downtown has grown by 3.7% year-over-year, and the highest level ever recorded. Since 2017, that marks a 39% total growth. Minneapolis continues to double down on its commitment to urban living, with density, walkability, and culture driving both planning and leasing decisions. And Nicollet Mall itself isn’t sitting still. The Downtown 2035 Plan includes sweeping improvements to the pedestrian experience, adding widened sidewalks, seating, water features, and improved finishes to help reframe Nicollet as a true lifestyle destination. Events like Aquatennial, Holidazzle, Pride, Taste of Minnesota, and dozens of food festivals continue to pull thousands to the corridor year-round. Combine that with Gaviidae’s immediate proximity to U.S. Bank Stadium and Target Field, and you’ve got a site that sits squarely in the path of Minneapolis’ highest daily and event-driven traffic flows. As retail demand returns and office-based density picks up, interest in spaces with both visibility and connectivity is climbing fast. Gaviidae Commons offers one of the best-positioned multi-tenant properties in the city for operators looking to plug directly into downtown’s recovery with transit, culture, and people quite literally at your doorstep. This is more than just square footage. Gaviidae Commons is part of the next chapter of downtown Minneapolis.

RENTAL DETAILS

SPACE AVAILABLE

780-5,200 SF

# OF SPACES

5

RENT RATE (MO)

Request Info for Rent

RENT RATE (YR)

Request Info for Rent

LEASE TYPE

TBD, Negotiable

LEASE LENGTH

Negotiable

AVAILABLE

-

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

299,960 SF

BUILDING CLASS

A

YEAR BUILT

1988

PARKING SPACES

490

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

B4-2

ASK ABOUT THIS PROPERTY

Charlie FriedlerCityView CommercialMore Info
952-230-1592

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Charlie FriedlerCityView CommercialMore Info
952-230-1592

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