Compared to the rest of the Minneapolis market, the Northeast Park submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 9 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the Northeast Park are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,890 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1921 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Northeast Park residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Northeast Park.
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