15587 Forest Blvd N — Lease in Hugo, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Hugo, MN 55038
  • Size: 3,600 SF

Photos

15587 Forest Blvd N — Lease in Hugo, MN, photo 1 of 3
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Description

Heavy Power; Highway 61 Frontage; Convenient Access to I-35E; Available 12/1/2023; 800 Sq. Ft. - Office; 2,800 Sq. Ft. - Warehouse; 3,600 Sq. Ft. - Total; One (1) 12’x12’ Drive-In Door; ($3,736.67 Per Month Gross (Plus Gas, Electric, Phone/Data and Trash Removal)

Market Context

This office in Hugo, MN is listed for lease across 3,600 SF. Compare it against other office listings for lease in Hugo, MN — view the full market.

As of Q1 2026, the Minneapolis office market showed a 26.4% vacancy rate, average asking rents near $29.95/SF/yr, and rents up 3.4% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Minneapolis office market tightening or softening?
Vacancy is around 26.4%, with asking rents rising year over year (Q1 2026).

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