330 2nd Avenue South, Minneapolis, MN 55401

330 South Second presents a compelling investment opportunity in the heart of the Minneapolis CBD. This 201,511 RSF Class B office property resides in the Gateway District with direct Skyway connectivity, offering seamless pedestrian access to Nicollet Mall, the riverfront, and major downtown amenities. Positioned with below-market in-place rents averaging $11.43 per square foot and current occupancy of 41%, the asset provides a clear value-add opportunity through lease-up and rent optimization. Existing lease rollovers and spec suite availability create near-term absorption potential while minimizing downtime and capital requirements.

The property benefits from a diversified tenant base anchored by government tenants and professional service firms, generating in-place income with prospects for long-term stability. Modern amenities including a fitness center, tenant lounge, and multiple Skyway links enhance tenant appeal, while on-site parking in underground and surface stalls adds convenience. Proximity to I-94, I-394, and light rail stations underscores connectivity, supporting continued demand. With a weighted average lease term of 3.8 years and opportunity to recapture significant vacancy at higher market rates, this asset is well-positioned for investors pursuing cash flow growth and portfolio diversification.