Eagle Point Office Center II — Lease in Lake Elmo, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Lake Elmo, MN 55101
  • Size: 30,000 SF
  • Year built: 2006

Photos

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Market Context

This office in Lake Elmo, MN is listed for lease across 30,000 SF. The building dates to 2006. Compare it against other office listings for lease in Lake Elmo, 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).

Estimated Market Rate

$2.06/SF/mo – $2.78/SF/mo

Mid: $2.42/SF/mo

Estimated total for 30,000 SF: $72,600 per month

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

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