Minneapolis Sublease

Minneapolis

Office Space Market Report

Number of Listings (last 90 days)
467
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,270
As of: January 23, 2017

Minneapolis Rates

The typical asking rate per listing is in the $20's per square foot per year. The Minneapolis submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Minneapolis Listing Supply

In the last 90 days, 453 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the listings in the Minneapolis are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,270 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this region were built in 1927 and are Class B.

Minneapolis Community

Market Report

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

Market Data

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