The typical asking rate per listing is in the $20's per square foot per year. The Minneapolis submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 355 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Minneapolis are subleases, so you will probably have to consider a longer term lease. 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 3,440 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1927 and are Class B.