9655 Schmidt Lake Rd — Lease in Plymouth, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Plymouth, MN 55442

Description

Commercial property listing from JLL. Property: 9655 Schmidt Lake Rd.

Market Context

This office in Plymouth, MN is listed for lease. It has been on the market for 166 days. Compare it against other office listings for lease in Plymouth, MN — view the full market.

As of Q1 2026, the Minneapolis office market showed average asking rents near $29.92/SF/yr, and cap rates around 12.1%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Minneapolis?
About 12.1% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$2.02/SF/mo – $2.74/SF/mo

Mid: $2.38/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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