Minnesota Sublease

Minnesota

Office Space Market Report

Number of Listings (last 90 days)
2,975
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,730
As of: March 1, 2017

Minnesota Rates

On average, listings lease in the $10's per square foot per year. The Minnesota region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Minnesota Listing Supply

In the last 90 days, 2952 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the listings in the Minnesota 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 2,700 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1984 and are Class B.

Minnesota Community

Market Report

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

Market Data

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