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Northeast Minneapolis Commercial Real Estate

Northeast Minneapolis

Market Report

Number of Listings
Posted in the last 90 days
13
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,600

Northeast Minneapolis Commercial Real Estate

Find Northeast Minneapolis commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Northeast Minneapolis commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Northeast Minneapolis Rates

On average, commerial real estate listings lease in the $10's per square foot per year. The Northeast Minneapolis submarket is going through a decrease in rates. In the last 3 months, the median rate for lease fell $3 per sqft per year.

Compared to the rest of the Minneapolis commercial real estate market, the Northeast Minneapolis region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Northeast Minneapolis Listing Supply

In the last 90 days, 75 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Northeast Minneapolis are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,600 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built approximately 1919 and are Class B.

Northeast Minneapolis Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Northeast Minneapolis residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.

Market Data

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