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Space AvailabilityTotal: 4
Unit NameFloorUnit NoSizeTermLease RateCondition

Description

This four-story creative office building, originally constructed in 1925, offers a variety of leasing options, including executive suites ranging from $1,100 to $1,200 per month and suites such as 304 and 310 with net rental rates of $15.00–$22.00/SF/YR. Estimated 2025 CAM and taxes are $14.50/SF/YR. The property features recently remodeled common areas, convenient off-street parking for tenants and guests, and first-floor shower and locker room facilities. Ideally located just blocks from Bde Maka Ska (formerly Lake Calhoun), Lake of the Isles, and the Midtown Greenway, the building provides excellent access to transit, shopping, and restaurants. With its blend of functionality and lifestyle amenities, this property offers an ideal work, live, play environment.

Lease Details

  • Lease Length

    Negotiable

  • Category

    creative

  • Tenancy

    Multiple

  • Space Name

    Citadel Building | 1516 W Lake St

  • Lease Type

    Absolute Net

  • Lease Model

    Direct

  • Lease Rate Type

    Yearly

  • Gross Leasable Area

    2,305 SF

  • Total Lease Rate

    Undisclosed

  • Parking Info

    53 Spaces

  • No of Buildings

    1

  • No of Stories

    4

  • Maximum Contiguous

    1,135 SF

  • Space Location

    1516 W Lake St, Minneapolis, MN 55408

Property Details

  • Total Building Space

    17,273 SF

  • No of Spaces/Suites

    4

  • Minimum Divisible

    285 SF

  • Year Built

    1925