Compared to the rest of the Minneapolis market, the Nicollet Island submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 44 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the listings in the Nicollet Island 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.
Even though the median size is 18,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this region were built in 1915 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of Nicollet Island work from home. Commuting close to 10 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 Nicollet Island.
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