The typical asking rate per listing is in the $20's per square foot per year. The Minneapolis submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
In the last 90 days, 542 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available space in the Minneapolis 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,470 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1927 and are Class B.