Compared to the rest of the Minneapolis market, the Mid-City Industrial region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 17 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 65% of the available leases in the Mid-City Industrial are subleases, so you might be able to sign a shorter term by taking over a previous 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 5,610 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 1932 and are Class A.
Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Mid-City Industrial folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.