Sample design · This website is a demo, made to show what your business site could look like. The company, people and reviews on it are not real. · This website is a demo. The business is not real.

Built by Prebuiltwebmarket.com
Buy now100+ website designs
Brokerage desk(612) 555-0189Request a valuation

Twin Cities office, industrial, retail and investment. Demonstration site with sample content.

Open plan office floor ready for a tenant fit outSt. Paul and Lowertown, office spaceWest End and Golden Valley, office spaceOffice availabilities, office spaceTenant representation, office spaceLoad factor calculator, office space

Minneapolis CBD

Loading dock doors along a distribution warehousePlymouth and Maple Grove, industrial spaceWoodbury and I-94 East, industrial spaceIndustrial availabilities, industrial spaceSite selection and build to suit, industrial spaceBuilding specification guide, industrial space

Eagan and Airport South

Retail storefronts along a city streetLandlord representation, retail spaceInvestment sales, retail spaceUnderwriting calculator, retail spaceSouthwest metro, retail spaceCase studies, retail space

Retail availabilities

Advisors reviewing a lease across a conference tableLandlord representation, services spaceInvestment sales, services spaceAsset services, services spaceSite selection, services spaceValuation and research, services space

Tenant representation

  1. Home
  2. Availabilities
  3. Union Depot Exchange, Suite 300

Union Depot Exchange, Suite 300

214 East Fourth Street, St. Paul, MN

  • Office
  • Available
  • St. Paul CBD and Lowertown

The largest contiguous block in Lowertown, at a gross occupancy cost roughly nine dollars under comparable Minneapolis CBD space.

Historic masonry office building with arched windows

The specification

Available area
22,400 SF
Divisible to
7,200 SF
Base rate
$16.75 per SF per year
Lease structure
NNN
Operating expenses
$11.40 per SF
Gross occupancy cost
$28.15 per SF
Available
1 March 2027
Term sought
10 years
Load factor
1.13
Parking
Ramp contract stalls at 1 per 900 RSF, municipal ramp adjacent

About the space

Suite 300 is the top floor of a 1916 masonry building a block from Union Depot. At 22,400 rentable square feet it is the largest contiguous office block currently available in Lowertown, and the ownership will divide it into three suites at roughly 7,200 square feet each if a full floor user does not appear first.

The number that matters here is the all-in. Base rent of 16.75 plus 11.40 of operating expenses gives a gross occupancy cost of 28.15 per rentable square foot. The equivalent Minneapolis CBD tower space in this set runs 33.35. On 22,400 square feet that spread is about 116,500 dollars a year.

The building is on the National Register, which constrains exterior changes and window replacement but does not restrict interior work above the lobby level.

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

Similar space

01Office

Marquette Tower, Suite 2200

330 Marquette Avenue South, Minneapolis

  • Available
  • Divisible
Size
14,280 SF
Base rate
$19.50
Gross
$33.35

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

Space detail
02Office

North Loop Works, Floor 3

412 North Third Street, Minneapolis

  • New to market
Size
8,650 SF
Base rate
$24.00
Structure
Modified gross

Timber and brick loft space with a 1.09 load factor, which is the lowest of any office availability we track downtown.

Space detail
03Retail

Grand Avenue Storefront

1044 Grand Avenue, St. Paul

  • Available
  • Sublease
Size
2,240 SF
Base rate
$26.50
Gross
$36.25

A sublease through August 2029 at roughly four dollars under the current direct asking rate on Grand.

Space detail
Browse availabilities

Tour this space

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

Cookie preferences

Choose which cookies you allow. You can change this at any time from the link in the footer.