Mid-City Industrial Retail Space

Mid-City Industrial

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,040

Mid-City Industrial Rates

The typical asking rate per listing is in the $10's per square foot per year. The Mid-City Industrial region is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Minneapolis market, the Mid-City Industrial region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Mid-City Industrial Listing Supply

In the last 90 days, 103 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available leases in the Mid-City Industrial are subleases, so you will probably have to focus your search on direct office leases. 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 1,610 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1932 and are Class A.

Mid-City Industrial Community

Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Mid-City Industrial occupants. Commuting between 20 and 25 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 Mid-City Industrial.
Research