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  5. ›Lease of property at 800 South 10th Street

Hennepin County·Minnesota

Lease of property at 800 South 10th Street

Closes 3/12/2026$698k – $1.7MRequest for Proposal
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Description

The Hennepin County is soliciting proposals for the lease of an existing 2-story building containing approximately 11,626 rentable square feet of retail/office space located at 800 S. 10th St., Minneapolis, MN 55404. The lease term is expected to be 3 to 5 years. The building consists of ground floor retail space and second floor office space, with an unfinished basement. The tenant will be responsible for operating and maintaining the building, paying utilities and property taxes, and obtaining necessary permits and licenses. • The building is being offered as-is, with any desired remodeling to be done by the tenant. • The building's mechanical systems are in average operating condition, with a roof membrane system replaced in September 2025. • The county is looking for a tenant who can successfully operate the building and align with county priorities, including supporting emerging businesses and reducing disparities in access to economic opportunity.

Attached files

Contact

Ambur Klein(Purchasing and Contract Services)

[email protected]

Key dates

Opened
2/12/2026
Questions due
3/3/2026
Pre-bid meeting
2/26/2026
Site visit
2/26/2026
Closes
3/12/2026
Duration
3 to 5 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
PFP0000517

Budget estimate

$697,560 – $1,743,900

The budget for this opportunity is likely to be the rent paid by the tenant to the county. The document does not provide a specific rent amount, but it mentions that the lease agreement would provide for the payment of gross rent and/or percentage rent. The rent amount would depend on various factors, including the length of the lease, the condition of the building, and the creditworthiness of the tenant. Assuming an average annual rent of $20-30 per square foot, the total rent for the 11,626 square foot building could be around $232,520 to $348,780 per year. Over a 3-5 year lease term, the total budget could be around $697,560 to $1,743,900.

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