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Uptown Commercial Real Estate For Lease

Uptown

Market Report

Number of Listings For Lease
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
550

Uptown Commercial Real Estate

Find Uptown commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Uptown commercial real estate broker in Uptown's Top Broker Directory. Learn about Uptown commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Uptown Rates

The typical asking rate per commerial real estate listing leases is in the $60's per square foot per year. The Uptown region is going through a a boost in rates. In the last 3 months, the median rate for lease rose $37 per sqft per year. That's a 140% rise in rent.

Compared to the rest of the Minneapolis commercial real estate market, the Uptown region has more expensive rates for rent, and you may need to pay a premium to be in this hot region.

Uptown Listing Supply

In the last 90 days, 82 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. 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 size for office space in this area is around 550 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built close to 1913 and are Class A.

Uptown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Uptown occupants. Commuting around an hour 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 Uptown.
Research