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  3. Marquette Tower, Suite 2200

Marquette Tower, Suite 2200

330 Marquette Avenue South, Minneapolis, MN

  • Office
  • Available
  • Minneapolis CBD

A full-floor plate on 22 with skyway access, second generation improvements in place and a landlord willing to fund the difference.

Open plan office floor with perimeter glass on a high tower level

The specification

Available area
14,280 SF
Divisible to
6,400 SF
Base rate
$19.50 per SF per year
Lease structure
NNN
Operating expenses
$13.85 per SF
Gross occupancy cost
$33.35 per SF
Available
Immediately
Term sought
7 years
Load factor
1.16
Parking
1 contract stall per 1,400 RSF in the attached ramp

About the space

Suite 2200 is a full floor plate on the twenty-second level of Marquette Tower, with glass on all four elevations and a core that sits far enough north to leave an uninterrupted 68 foot run along the south wall. The previous occupant was a professional services firm that left 34 offices, four conference rooms, a pantry and an open bay of 64 workstations in place.

Because the improvements are second generation and in reasonable condition, the practical decision is whether to reuse or to demolish. Reusing the perimeter offices and taking the workstation bay down to shell costs roughly a third of a full demolition and rebuild, and the landlord has signalled it will fund the reuse route in full at a seven year term.

Skyway access is on the second level, three minutes covered to the Nicollet Mall light rail platform. The building runs a conference centre on level three that tenants book at no charge up to twelve times a year.

Sample This building, its specification and its pricing are illustrative samples created for a demonstration website. Nothing here is an offer to lease.

Model this space

Operating expenses are escalated at 3 percent a year, the usual planning assumption for a triple net building. Free rent abates base rent only, which is how most Twin Cities leases are written.

Year one gross occupancy cost

$476,238

$39,687 a month across 66 people

Gross rate, year one
$33.35 per RSF
Cost per employee, year one
$7,216
Free rent value
$139,230
Improvement allowance value
$642,600
Net effective rate over the term
$13.36 per RSF
Total obligation over the term
$2,851,244

Sample An estimate for comparison between proposals, not a quote. It ignores parking, after hours HVAC, percentage rent and any cost your own build-out carries beyond the allowance.

Full calculator and worked example

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Space detail
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Tour this space

Ask Dana for the floor plan, the operating expense history and a walk-through. Call (612) 555-0189 or send the requirement over.

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