Most listings are in the $20's per square foot per year. The Minneapolis region is seeing 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.
In the last 90 days, 453 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings in the Minneapolis 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 6,700 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1927 and are Class B.