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Commercial Real Estate in Minneapolis, MN - 384 Properties Available

  • 3801 West 50th Street - Minneapolis
    3801 West 50th Street, Fulton, Minneapolis, MN 55410
    For Lease $82.98 - $90.73/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 337 Sqft
  • The Tractor Works Building - Minneapolis
    800 Washington Avenue North, North Loop, Minneapolis, MN 55401
    For Lease $21 - $30/Sqft/Year
    Property
    • Office
    Availability
    • 9 Spaces
    • 120,447 Sqft
  • Brooklyn Crossing Office Park - Brooklyn Center
    3300 County Road 10, Brooklyn Center, MN 55429
    For Lease $20/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 1,500 Sqft
  • LaSalle Plaza - Minneapolis
    800 LaSalle Ave, Downtown Minneapolis, Minneapolis, MN 55402-2006
    For Lease $28/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 3,902 Sqft
  • T3 - Minneapolis

    T3

    323 Washington Avenue North, North Loop, Minneapolis, MN 55401
    For Lease $21 - $25/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 35,718 Sqft
  • Fifth Street Towers - 150 South 5th Street - Minneapolis
    150 South 5th Street, Downtown Minneapolis, Minneapolis, MN 55402
    For Lease $17.5/Sqft/Year
    Property
    • Office
    Availability
    • 16 Spaces
    • 305,394 Sqft
  • Brookdale Corporate Center II - Brooklyn Center
    6200 Shingle Creek Pkwy, Brooklyn Center, MN 55430
    For Lease $11/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 13,092 Sqft
  • 451 Industrial Blvd NE Bldg 2 - Minneapolis
    451 Industrial Blvd NE, Mid - City Industrial, Minneapolis, MN 55413
    For Lease $5 - $10/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 55,507 Sqft
  • Medical Arts Building - Minneapolis
    825 Nicollet Mall, Downtown Minneapolis, Minneapolis, MN 55402
    For Lease $12/Sqft/Year
    Property
    • Office
    Availability
    • 23 Spaces
    • 34,144 Sqft
  • Pinehurst Building - Minneapolis
    4999 France Avenue South, Fulton, Minneapolis, MN 55410
    For Lease $22 - $24/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 1,836 Sqft
  • Broadway Corporate Center - Broadway Place West - Minneapolis
    1300 Godward Street NE, Mid - City Industrial, Minneapolis, MN 55413
    For Lease $13 - $15/Sqft/Year
    Property
    • Office
    Availability
    • 8 Spaces
    • 30,147 Sqft
  • Young Quinlan Building - Minneapolis
    901 Nicollet Mall, Downtown Minneapolis, Minneapolis, MN 55402
    For Lease $17/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 10,367 Sqft
  • University Park Plaza - Minneapolis
    2829 University Avenue SE, Prospect Park East River Road, Minneapolis, MN 55414
    For Lease $15/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 5,890 Sqft
  • 100 Washington Square - Minneapolis
    100 Washington Avenue South, Downtown Minneapolis, Minneapolis, MN 55401
    For Lease $18/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 44,820 Sqft
  • Earle Brown Plaza - Brooklyn Center
    6040 Earle Brown Drive, Brooklyn Center, MN 55430
    For Lease $13.93 - $16.33/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 12,776 Sqft
  • 2100 Summer Street NE - Minneapolis
    2100 Summer Street NE, Mid - City Industrial, Minneapolis, MN 55413
    For Lease $13/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 432 Sqft
  • City Center - Minneapolis
    33 South 6th Street, Downtown Minneapolis, Minneapolis, MN 55402
    For Lease $19 - $24/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 62,501 Sqft
  • East Bridge at Riverplace - Minneapolis
    10 2nd Street NE, Nicollet Island - East Bank, Minneapolis, MN 55413
    For Lease $18/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 20,227 Sqft
  • Union Plaza - Minneapolis
    333 Washington Avenue North, North Loop, Minneapolis, MN 55401
    For Lease $13 - $16/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 22,415 Sqft
  • TCF Tower - Minneapolis
    121 South 8th Street, Downtown Minneapolis, Minneapolis, MN 55402
    For Lease $12.5 - $13.5/Sqft/Year
    Property
    • Office
    Availability
    • 12 Spaces
    • 58,799 Sqft
  • 900 Business Center - Minneapolis
    900 6th Avenue SE, Marcy Holmes, Minneapolis, MN 55414
    For Lease $14 - $16/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 5,775 Sqft
  • LaSalle Building - Minneapolis
    15 South 9th Street, Downtown Minneapolis, Minneapolis, MN 55402
    For Lease $20/Sqft/Year
    Property
    • Office
    Availability
    • 8 Spaces
    • 26,774 Sqft
  • Campbell Mithun Tower - Minneapolis
    222 9th St S, Downtown Minneapolis, Minneapolis, MN 55402-3389
    For Lease $11 - $18/Sqft/Year
    Property
    • Office
    Availability
    • 22 Spaces
    • 215,031 Sqft
  • 2600 East 26th Street - Minneapolis
    2600 East 26th Street, Seward, Minneapolis, MN 55406
    For Sale $2,750,000
    Property
    • Office
    Availability
    • 1 Space
    • 18,025 Sqft
  • PwC Plaza - Minneapolis
    45 7th St S, Downtown Minneapolis, Minneapolis, MN 55402-1614
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 29,486 Sqft

Minneapolis, MN Economic Overview

Location Photo

Situated along the Mississippi River, the City of Minneapolis is the largest city in the state of Minnesota, with a population last estimated at 410,939, in 2015. As the twin city to the state’s capitol, St. Paul, the Minneapolis/St.Paul region are commonly referred to as the Twin Cities and together form the second-largest economic center in the Midwest, behind Chicago. Minneapolis has a vibrant art and music scene, formed around the iconic Guthrie Theater and First Avenue. Economic prospects are promising for this city, as developments in both commercial and residential space grow at a seemingly insatiable rate.

Minneapolis’ economy is based largely in commerce, finance, rail and trucking services, healthcare, and industry. Other smaller contributing sectors include publishing, milling, food processing, graphic arts, insurance, education, and high technology. With such a diverse economy, investors in any field can find a market here. There are also five Fortune 500 corporations within the Minneapolis city limits: Target, U.S. Bancorp, Xcel Energy, Ameriprise Financial, and Thrivent Financial.

Minneapolis, MN Commercial Real Estate Market

The developments taking place in Minneapolis are pushing the city ever forward. There is great incentive for investors to consider this city: accessible transportation, university research and development expenditures, highly-educated work force, and energy conservation are held above national average. It is a great time to turn to the commercial real estate market in Minneapolis.

Downtown Minneapolis: Home to most of Minneapolis’ high-rise office buildings, Downtown East and Downtown West Minneapolis offer a lot of potential in commercial real estate. The most notable project the area has seen is the development of the U.S. Bank Stadium, the new home for the Minnesota Vikings, estimated at $1.1 billion dollars upon completion. When the stadium was unveiled in 2013, over $1 billion in development was announced in the areas surrounding the new stadium. It is expected to generate new revenue from both locals and tourists. Uptown Minneapolis is another commercial district in the city.

The North Loop: Commonly known as the Minneapolis Warehouse District by locals, the North Loop is an up and coming development area with a lot of potential for investors. Old warehouse factories have been converted into loft condominium and commercial space that preserves the feel of its industrial past, while also progressing the neighborhood. As with Downtown Minneapolis’ new stadium for the Vikings, the most notable development in the North Loop was built in the name of supporting a local sports team--the Minnesota Twins. The new Target Field was opened in 2010 and, since then, developments for condominiums and apartments have been built near the new field. Furthermore, the city has worked to make metro lines accessible in the North Loop, to help residents commute and tourists visit the area more easily.

Uptown Minneapolis is another commercial district in the city.

Minneapolis, MN Office Sales Volume

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Minneapolis, MN Office Transactions

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Minneapolis, MN Commercial Inventory Breakdown

Office Spaces

Total: 50,305,829 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 4,634,843 SF / 9.21% of total office
  • 100k to 500k SF: 21,640,694 SF / 43.02% of total office
  • 500k to 1M SF: 14,966,116 SF / 29.75% of total office
  • > 1M SF: 9,064,176 SF / 18.02% of total office

By class:

  • Class A+: 8,725,221 SF / 17.34% of total office
  • Class A: 24,201,686 SF / 48.11% of total office
  • Class B: 14,991,917 SF / 29.8% of total office
  • Class C: 676,113 SF / 1.34% of total office

Industrial

Total: 19,913,404 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 2,225,043 SF / 11.17% of total industrial
  • 100k to 500k SF: 14,107,591 SF / 70.84% of total industrial
  • 500k to 1M SF: 3,580,770 SF / 17.98% of total industrial

By class:

  • Class A: 2,192,806 SF / 11.01% of total industrial
  • Class B: 14,291,197 SF / 71.77% of total industrial
  • Class C: 1,719,821 SF / 8.64% of total industrial

Office Spaces with Retail

Total: 453,554 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 67,699 SF / 14.93% of total office with retail
  • 100k to 500k SF: 385,855 SF / 85.07% of total office with retail

Employment in Minneapolis, MN

Employment

The unemployment rate in Minneapolis is 3.7%, considerably lower than the national average of 5.2%. listed below are the top economy sectors, by workforce, as well as the percentage of Minneapolis residents they employ:

  • Sales, Office, Administrative Support (21.06%)
  • Management, Business, Finance (18.05%)
  • Engineering, Computers, Science (8.32%)
  • Production, Transportation, Material Moving (8.19%)
  • Food Preparation, Serving (7.56%)

Notable employers in Minneapolis include General Mills, Target Corp., Target Stores Inc., Best Buy, 3M, and Wells Fargo.

Education in Minneapolis, MN

In the Minneapolis/St. Paul area, 51.5% of the residents have a bachelor's degree or higher. There are several important education institutions in Minneapolis, including the University of Minnesota, which dominates the collegiate scene in the Twin Cities. More than 50,000 undergraduate, graduate, and professional students attend the U of M and it is the fourth largest campus in the U.S. for a public, four-year university, in terms of enrollment. Other important educational institutions in Minneapolis include Augsburg College, the Minneapolis College of Art and Design, North Central University, and Capella University. The most common fields of academic interest for undergraduates are General Business Administration and Management, Nursing, and General Psychology.

Commuting Time in Minneapolis, MN

The average commute time for Minneapolis residents is 22.56 minutes, slightly below the national average of 24.8 minutes. Approximately 61.55% of residents commute by way of car and 8.3% of commuters carpool. About 13.48 % of residents commute by way of public transportation and Minneapolis has worked to improve their public transportation system for the city even further. Currently, the city is working to develop a light rail that increases connectivity to surrounding suburbs. Lastly, 3.91% of commuters travel by way of bike, which is no surprise, considering that Minneapolis is one of the most bike-friendly cities in the world; winter does little to discourage their committed biking commuters.

Minneapolis Demographics

Population

  • Total Population411,452
  • Male Population(50.6 %) 208,322
  • Female Population(49.4 %) 203,130
  • Median Age32.10

Income/Financial

  • Average Household Income$81,550
  • Median Household Income$55,720
  • Median Income Under 25$27,918
  • Median Income 25-44$64,037
  • Median Income 45-64$60,690
  • Median Income Over 65$39,632

News

We analyzed the top 50 U.S. office deals of 2019, and the results show an increased investor appetite for trophy assets outside of New York City. In particular, it was Class A office spaces in California—particularly in the Bay Area—and Washington’s Seattle and Bellevue areas that attracted most...

Key takeaways: 682 million square feet of office space have been added across the country in the last 10 years. Campus-style tech companies greatly influenced the suburban expansion throughout the U.S. New York City, Chicago, and San Francisco grew the most on the fringes of the urban cores. The...

There are many variables to consider when looking for commercial assets. You may be looking to lease space for your company or to purchase a building outright as an investment. Every market across the country has its own pros and cons, but historically the central business district is where the ...

COMMERCIALCafé is your first and only stop when it comes to commercial real estate leasings in Minneapolis, MN. Search through our extensive selection of commercial properties for lease with current space availability in the area ranging between 337 square feet and 305394 square feet. Discover the right property from our 384 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.