Northeast Minneapolis Retail

Northeast Minneapolis

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Northeast Minneapolis Rates

Most listings are in the $10's per square foot per year. The Northeast Minneapolis region is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decline in rent.

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

Northeast Minneapolis Listing Supply

In the last 90 days, 9 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available leases in the Northeast Minneapolis are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,230 sqft. Most properties in this region are around 2 stories. Most buildings in this area 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 area. Commute by bike is the most popular way to get to work amongst Northeast Minneapolis residents. Commuting around 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.