On average, listings lease in the $20's per square foot per year. The Minneapolis submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 318 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available space in the Minneapolis are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,560 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1927 and are Class B.