Southwest Minneapolis Commercial Real Estate

Southwest Minneapolis

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
840

Southwest Minneapolis Commercial Real Estate

Find Southwest 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. Find a Southwest Minneapolis commercial real estate broker in Southwest Minneapolis' Top Broker Directory. Learn about Southwest Minneapolis commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Southwest Minneapolis Rates

On average, commerial real estate listings lease in the $30's per square foot per year. The Southwest Minneapolis region is seeing a a rise in rates. In the last 3 months, the median rate for lease rose $35 per sqft per year.

Compared to the rest of the Minneapolis commercial real estate market, the Southwest Minneapolis submarket has higher rates for rent, and you may need to make a great offer to be in this hot region.

Southwest Minneapolis Listing Supply

In the last 90 days, 22 commercial real estate listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 840 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built approximately 1936 and are Class C.

Southwest Minneapolis Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Southwest Minneapolis folk. 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 Southwest Minneapolis.
Research