Minneapolis, MN Commercial Real Estate for Lease and Sale

Explore 365 listings of Minneapolis commercial real estate for lease and for sale to find the best space for your business.

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East Bridge at Riverplace

10 2nd Street NE, Nicollet Island - East Bank, Minneapolis, MN
Property

Office

65,372 SF
Availability

5 Spaces

39,275 SF
Year Built

1984
For Lease

$18.00 - $23.00/SF/YR
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The Quarry

1520 New Brighton Blvd, Northeast Park, Minneapolis, MN
Property

Retail

283,545 SF
Availability

1 Space

5,206 SF
Year Built

1997
For Lease Contact for pricing
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2800 Medical Building & Midtown Medical Building

2800 Chicago Avenue South, Phillips West, Minneapolis, MN
Property

Office

109,989 SF
Availability

9 Spaces

48,720 SF
Year Built

1988
For Lease

$22.50 - $24.50/SF/YR
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New Life Gardens

2705 Columbus Avenue South, Phillips West, Minneapolis, MN
Property

Multi-Family

26,402 SF
Year Built

2023
For Sale

$6,250,000
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Capella Tower

225 South 6th Street, Downtown Minneapolis, Minneapolis, MN
Property

Office

1,401,233 SF
Availability

1 Space

23,408 SF
Year Built

1990
For Lease Contact for pricing
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Brookdale West

5901 Brooklyn Blvd, Brooklyn Center, Minneapolis, MN
Property

Office

20,305 SF
Availability

1 Space

1,562 SF
Year Built

1968
For Lease

$2,215.00/MO
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Sabathani Community Center

310 East 38th Street, Central Minneapolis, Minneapolis, MN
Property

Office

188,257 SF
Availability

1 Space

2,153 SF
Year Built

1922
For Lease

$12.00 - $20.00/SF/YR
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SPS Tower

333 South 7th Street, Downtown Minneapolis, Minneapolis, MN
Property

Office

621,193 SF
Availability

30 Spaces

217,691 SF
Year Built

1986
For Lease Contact for pricing
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City Bella

6600 Lyndale Avenue South, Richfield, MN
Property

Office

260,895 SF
Availability

2 Spaces

3,692 SF
Year Built

2004
For Lease

$11.00 - $13.00/SF/YR
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Wyman Partridge

110 North 5th Street, Downtown Minneapolis, Minneapolis, MN
Property

Office

205,435 SF
Availability

5 Spaces

67,121 SF
Year Built

1916
For Lease Contact for pricing
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2700 East 28th Street

2700 East 28th Street, Longfellow, Minneapolis, MN
Property

Industrial

164,842 SF
Availability

1 Space

1,478 SF
Year Built

1970
For Lease Contact for pricing
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Canadian Pacific Plaza

120 South 6th Street, Downtown Minneapolis, Minneapolis, MN
Property

Office

390,292 SF
Availability

17 Spaces

126,399 SF
Year Built

1958
For Lease Contact for pricing
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Richfield Shoppes

6501-6535 Nicollet Ave. S., Richfield, MN
Property

Retail

84,215 SF
Availability

7 Spaces

13,179 SF
For Lease Contact for pricing
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Hennepin Square

2021 Hennepin Ave E, Mid - City Industrial, Minneapolis, MN
Property

Office

97,500 SF
Availability

1 Space

1,763 SF
Year Built

1920
For Lease Contact for pricing
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The Edition

550-600 S Fourth St, Downtown Minneapolis, Minneapolis, MN
Property

Mixed Use

618,841 SF
Availability

1 Space

2,030 SF
For Lease Contact for pricing
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Fifth Street Towers - 150 South 5th Street

150 South 5th Street, Downtown Minneapolis, Minneapolis, MN
Property

Office

629,890 SF
Availability

14 Spaces

81,227 SF
Year Built

1988
For Lease

$20.00 - $23.00/SF/YR
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Ford Center

420 N 5th St, North Loop, Minneapolis, MN
Property

Office

262,000 SF
Availability

1 Space

5,040 SF
Year Built

1916
For Lease

$19.50/SF/YR
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Lakewood Building

50 South 9th Street, Downtown Minneapolis, Minneapolis, MN
Property

Office

45,000 SF
Availability

9 Spaces

23,656 SF
Year Built

1928
For Lease

$10.00 - $14.00/SF/YR
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RBC Plaza

60 South 6th Street, Downtown Minneapolis, Minneapolis, MN
Property

Office

710,332 SF
Availability

24 Spaces

168,850 SF
Year Built

1991
For Lease Contact for pricing
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Freeway Business Center III

6701 Parkway Circle, Brooklyn Center, MN
Property

Industrial

75,000 SF
Availability

1 Space

7,823 SF
Year Built

1986
For Lease Contact for pricing
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Baker Center - U.S. Trust Building

730 2nd Avenue South, Downtown Minneapolis, Minneapolis, MN
Property

Office

299,908 SF
Availability

19 Spaces

184,685 SF
Year Built

1966
For Lease Contact for pricing
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Millwright Building

513 South 3rd Street, Downtown Minneapolis, Minneapolis, MN
Property

Office

173,476 SF
Availability

2 Spaces

59,477 SF
Year Built

2017
For Lease Contact for pricing
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1100 Washington Avenue South

1100 Washington Avenue South, Downtown Minneapolis, Minneapolis, MN
Property

Office

39,697 SF
Availability

2 Spaces

39,802 SF
Year Built

1990
For Lease Contact for pricing
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Starbucks - Hard Corner PAD

3704 Silver Lake Rd NE, St. Anthony, Minneapolis, MN
Property

Retail

3,421 SF
For Sale

$1,990,000
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60 South Sixth Street

60 S 6th St, Downtown Minneapolis, Minneapolis, MN
Property

Office

671,566 SF
Availability

1 Space

19,797 SF
Year Built

1991
For Lease

$22.00/SF/YR
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2900 Lyndale Ave N

2900 Lyndale Ave N, Hawthorne, Minneapolis, MN
Property

Other

5,910 SF
Year Built

1913
For Sale

$555,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Minneapolis commercial real estate market incorporates 34,251,319 square feet of office space across 190 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Minneapolis commercial real estate market includes 4,319,776 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Minneapolis market, there is a total of 3,341,407 square feet of industrial property.

The listing inventory in Minneapolis incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Minneapolis is represented by Office space, which accounts for 7,589,854 square feet of available listings. Industrial space available in Minneapolis adds up to 1,295,559 square feet.

Meanwhile, most of the listings of commercial property for sale in Minneapolis are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Minneapolis is $18.04 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Minneapolis can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $31.59 per square foot, industrial space in Minneapolis saw average rents of $9.66 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Minneapolis, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Minneapolis is in the Downtown Minneapolis neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Minneapolis area.

Meanwhile, retail space opportunities are most abundant in the Downtown Minneapolis submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Lowry Hill.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $50 per square foot. In particular, the property type commanding the highest lease rates in Minneapolis was Retail space.

Conversely, the highest sale price last year was $225,000,000 that is located at 250 Nicollet Mall.

The average size of a commercial property in Minneapolis depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Minneapolis, the average size of an office property is 207,584 square feet.
Retail properties here incorporate an average of 50,821 square feet.
Industrial space in Minneapolis is in buildings that are, on average 104,419 square feet in size.

Minneapolis, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Minneapolis currently add up to 9,798,775 square feet. The market offers 171 active office listing(s), which amount to 7,589,854 square feet and account for 55% of commercial spaces on the market. Local retail availability includes 825,521 square feet across 99 retail space(s). Industrial space for rent opportunities in Minneapolis amount to 1,295,559 square feet across a total of 27 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	171	7,589,854
Retail	99	825,521
Industrial	27	1,295,559
Other	9	87,841

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Minneapolis, MN. Currently, there is 1,649,280 square feet of commercial property for sale here , which includes 18 office building(s) for sale , 15 retail investment opportunity listing(s) , and 10 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	18	519,719
Retail	15	192,372
Industrial	10	362,412
Other	22	574,777

Minneapolis, MN Commercial Real Estate Market Overview

The commercial real estate market in Minneapolis is driven by the city’s diverse economy, which includes finance, commerce, industry and manufacturing, technology and healthcare. In addition to being one of the major economic centers in the Midwest, Minneapolis also benefits from excellent logistical opportunities. Specifically, barges and towboats can reach the city on the Mississippi River, and the Minneapolis-Saint Paul International Airport is within 10 miles of the city’s downtown.

Most of Minneapolis’ portfolio-tier commercial real estate is concentrated in the central business district, which also hosts the corporate headquarters of Fortune 500 companies like Target and U.S. Bancorp. Plus, North Loop is an up-and-coming market for commercial real estate thanks to extensive redevelopment efforts that diversified the neighborhood’s traditional industrial inventory.

Minneapolis, MN Commercial Real Estate for Lease and Sale

East Bridge at Riverplace

The Quarry

2800 Medical Building & Midtown Medical Building

New Life Gardens

Capella Tower

Brookdale West

Sabathani Community Center

SPS Tower

City Bella

Wyman Partridge

2700 East 28th Street

Canadian Pacific Plaza

Richfield Shoppes

Hennepin Square

The Edition

Fifth Street Towers - 150 South 5th Street

Ford Center

Lakewood Building

RBC Plaza

Freeway Business Center III

Baker Center - U.S. Trust Building

Millwright Building

1100 Washington Avenue South

Starbucks - Hard Corner PAD

60 South Sixth Street

2900 Lyndale Ave N

Frequently Asked Questions

Minneapolis, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Minneapolis, MN Commercial Real Estate Market Overview

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Minneapolis, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Minneapolis, MN?

What factors affect the price of commercial real estate in Minneapolis, MN?

What is the average rent for commercial space in Minneapolis, MN?

What are the best areas for commercial real estate in Minneapolis, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Minneapolis, MN?

Minneapolis, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Minneapolis, MN Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us