Downtown West Office Space

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730 Building - Space Downtown West, Minneapolis, MN  
Sep 26
24,050
sqft
Sublease Office
15 S 5th St - Unit 500 Downtown West, Minneapolis, MN rental rate negotiable
Sep 09
1,000
sqft
Sublease Office Retail Other
1855 IDS Center - 2 Spaces Minneapolis, MN total expenses: $15.20 per sqft
Aug 22
1,410 - 12,500
sqft
Office
1855 IDS Center - 3 Spaces Minneapolis, MN total expenses: $15.20 per sqft
Aug 22
770 - 2,960
sqft
Office
Plaza Seven - 4 Spaces Downtown West, Minneapolis, MN total expanses: $16.32
Aug 19
1,590 - 7,130
sqft
Office
Rand Tower - Space Minneapolis, MN  
Aug 10
1,100
sqft
Sublease Office
801 Nicollet Mall - 5 Spaces Downtown West, Minneapolis, MN HVAC
Aug 04
110 - 12,300
sqft
Office
Campbell Mithun - Floor 28 Minneapolis, MN rate: Negotiable
Jul 21
9,130
sqft
Sublease Office
730 Building - Floor 9 Downtown West, Minneapolis, MN rental rate negotiable
Jul 21
24,050
sqft
Sublease Office
651 Nicollet Mall - Unit 221 Downtown West, Minneapolis, MN rate negotiable
Jul 15
3,810
sqft
Office Retail
520 Nicollet Mall - Space Downtown West, Minneapolis, MN  
Jul 14
1,840
sqft
Sublease Office

Downtown West

Market Report

Number of Listings
Posted in the last 90 days
74
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
4,750

Downtown West Rates

On average, listings lease in the $20's per square foot per year. The Downtown West submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Minneapolis market, the Downtown West submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Downtown West Listing Supply

In the last 90 days, 1315 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Downtown West are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,750 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 12 floors. Most buildings in this market were built in 1962 and are Class B.

Downtown West Community

Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown West occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

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