Minnesota Retail

Minnesota

Office Space Market Report

Number of Listings (last 90 days)
3,001
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,730
As of: February 21, 2017

Minnesota Rates

Most listings are in the $10's per square foot per year. The Minnesota submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Minnesota Listing Supply

In the last 90 days, 2994 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Minnesota 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,740 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1984 and are Class B.

Minnesota Community

Market Report

Trends and status of the commercial real estate market in Minnesota.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Minnesota.
Research