Compared to the rest of the Minneapolis market, the Northeast Minneapolis region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 10 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the office spaces in the Northeast Minneapolis are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,410 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1930 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Northeast Minneapolis residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.