On average, listings lease in the $20's per square foot per year. The Minneapolis region is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.
In the last 90 days, 276 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the listings in the Minneapolis are subleases, so you will probably have to consider a longer term lease. 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 4,120 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this area were built in 1927 and are Class B.