Northeast Minneapolis Retail

Northeast Minneapolis

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,000
As of: December 2, 2016

Northeast Minneapolis Rates

Most listings are in the $10's per square foot per year. The Northeast Minneapolis region is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 26% decrease in rent.

Compared to the rest of the Minneapolis market, the Northeast Minneapolis submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Northeast Minneapolis Listing Supply

In the last 90 days, 12 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,800 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1930 and are Class B.

Northeast Minneapolis Community

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 folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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