Compared to the rest of the Minneapolis market, the Central Minneapolis submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 179 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the listings in the Central 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,270 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 7 floors. Most buildings in this area were built in 1922 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Central Minneapolis residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.