Compared to the rest of the Minneapolis market, the Mid-City Industrial submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 17 listings have been listed, which means new availabilities most likley are going fast. 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 available, 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 availabilities below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1932 and are Class A.
Construction is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Mid-City Industrial residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.