Minneapolis Office Space

730 Building - Space Downtown West, Minneapolis, MN  
Oct 16
24,050
sqft
Sublease Office
1820 Como Ave SE - Unit A (Floor Basement) Como, Minneapolis, MN  
Sep 12
1,630
sqft
Live/Work Mixed Use Office
15 S 5th St - Unit 500 Downtown West, Minneapolis, MN rental rate negotiable
Sep 09
1,000
sqft
Sublease Office Retail Other

Minneapolis

Market Report

Number of Listings
Posted in the last 90 days
297
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,370

Minneapolis Rates

Most listings are in the $20's per square foot per year. The Minneapolis region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.

Minneapolis Listing Supply

In the last 90 days, 2436 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the office spaces in the Minneapolis are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,290 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this region were built in 1928 and are Class B.

Minneapolis Community

Market Data

Real time and historical data on commercial real estate listings in Minneapolis.
Research