Compared to the rest of the Minneapolis market, the Nicollet Island region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 16 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 3,020 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1914 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the folk of Nicollet Island work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.