Compared to the rest of the Minneapolis market, the University submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 5 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the University are subleases, so you might be able to snag a great spot on a short term. 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 7,340 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 1985 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst University occupants. Commuting around 30 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 University.
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