Minneapolis, MN Commercial Real Estate for Lease - 298 Listings

IDS Center

80 S 8th St, Downtown Minneapolis, Minneapolis, MN
Property

Office

1,222,120 SF
Availability

1 Space

4,974 SF
Year Built

1972
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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Royalston Business Center

501 Royalston Avenue North, North Loop, Minneapolis, MN
Property

Industrial

206,515 SF
Availability

1 Space

121,272 SF
Year Built

1965
For Lease Contact for pricing
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T3

323 Washington Avenue North, North Loop, Minneapolis, MN
Property

Office

246,300 SF
Availability

4 Spaces

16,718 SF
Year Built

2016
For Lease Contact for pricing
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Two Meridian Crossings

2 Meridian Crossing, Richfield, MN
Property

Office

189,258 SF
Availability

7 Spaces

150,150 SF
Year Built

1998
For Lease

$17.00/SF/YR
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Fifty South Sixth

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

Office

689,482 SF
Availability

14 Spaces

88,722 SF
Year Built

2000
For Lease

$21.00 - $25.00/SF/YR
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Highlight Center

807 Broadway Street NE, Logan Park, Minneapolis, MN
Property

Office

170,000 SF
Availability

12 Spaces

30,558 SF
Year Built

1930
For Lease

$20.00/SF/YR
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N 12th Street

N 12th Street, Downtown Minneapolis, Minneapolis, MN
Property

Retail

17,068 SF
Availability

1 Space

3,361 SF
For Lease Contact for pricing
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6636 Cedar Avenue South

6636 Cedar Avenue South, Richfield, MN
Property

Office

84,070 SF
Availability

2 Spaces

7,034 SF
Year Built

1988
For Lease

$12.00/SF/YR
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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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Tuttle School

1042 18th Ave SE, Como, Minneapolis, MN
Property

Special Purpose

63,305 SF
Availability Contact for availability
Year Built

1910
For Lease Contact for pricing
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Riverplace - The Link

1 Main Street SE, Nicollet Island - East Bank, Minneapolis, MN
Property

Office

58,965 SF
Availability

2 Spaces

16,095 SF
Year Built

1984
For Lease

$18.00 - $23.00/SF/YR
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6200 Shingle Creek Pkwy

6200 Shingle Creek Pkwy, Brooklyn Center, MN
Property

Office

113,450 SF
Availability

1 Space

20,481 SF
Year Built

1986
For Lease Contact for pricing
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Young Quinlan Building

901 Nicollet Mall, Downtown Minneapolis, Minneapolis, MN
Property

Office

181,320 SF
Availability

3 Spaces

18,573 SF
Year Built

1989
For Lease Contact for pricing
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Pacific Flats Building

218 Washington Avenue North, North Loop, Minneapolis, MN
Property

Office

42,360 SF
Availability

3 Spaces

13,775 SF
Year Built

2004
For Lease Contact for pricing
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Waterbury Building

1121 Jackson St NE | Minneapolis, Logan Park, Minneapolis, MN
Property

Office
Availability

1 Space

5,115 SF
For Lease Contact for pricing
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800 North 1st Street

800 North 1st Street, North Loop, Minneapolis, MN
Property

Industrial

396,559 SF
Availability

1 Space

10,406 SF
Year Built

1986
For Lease

$29.00/SF/YR
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Laurel Village

1242 Hennepin Avenue, Loring Park, Minneapolis, MN
Property

Retail

54,756 SF
Availability

4 Spaces

9,323 SF
For Lease

$19.00/SF/YR
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4644 E Lake Street

4644-4648 E Lake Street, Cooper, Minneapolis, MN
Property

Retail

33,930 SF
Availability

1 Space

1,053 SF
For Lease

$29.00/SF/YR
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Canadian Pacific Plaza

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

Office

393,000 SF
Availability

3 Spaces

31,590 SF
Year Built

1960
For Lease Contact for pricing
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Mid-City South

451 Industrial Blvd NE, Mid - City Industrial, Minneapolis, MN
Property

Industrial

337,565 SF
Availability

1 Space

103,251 SF
Year Built

1972
For Lease Contact for pricing
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150 Fifth Street Towers

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

Office

606,688 SF
Availability

2 Spaces

28,673 SF
Year Built

1989
For Lease

$10.00/SF/YR
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300 North 1st Avenue

300 North 1st Avenue, Downtown Minneapolis, Minneapolis, MN
Property

Office

72,132 SF
Availability

2 Spaces

19,603 SF
Year Built

1985
For Lease Contact for pricing
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705 Building at Baker Center

109 S 7th St, Downtown Minneapolis, Minneapolis, MN
Property

Office

225,225 SF
Availability

7 Spaces

20,901 SF
Year Built

1929
For Lease Contact for pricing
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Broadway Corporate Center - Broadway Place East

3433 Broadway Street NE, Mid - City Industrial, Minneapolis, MN
Property

Office

110,658 SF
Availability

9 Spaces

61,463 SF
Year Built

1985
For Lease Contact for pricing
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900 Business Center

900 6th Avenue SE, Marcy Holmes, Minneapolis, MN
Property

Industrial

270,000 SF
Availability

5 Spaces

5,922 SF
Year Built

1910
For Lease Contact for pricing
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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 33,789,162 square feet of office space across 185 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 4,644,936 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 3,278,293 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 7,415,082 square feet of available listings. Industrial space available in Minneapolis adds up to 1,273,727 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 $18.42 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 $30.87 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 209,871 square feet.
Retail properties here incorporate an average of 52,784 square feet.
Industrial space in Minneapolis is in buildings that are, on average 109,277 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 9,566,266 square feet. The market offers 168 active office listing(s), which amount to 7,415,082 square feet and account for 55% of commercial spaces on the market. Local retail availability includes 791,288 square feet across 100 retail space(s). Industrial space for rent opportunities in Minneapolis amount to 1,273,727 square feet across a total of 28 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	168	7,415,082
Retail	100	791,288
Industrial	28	1,273,727
Other	8	86,169

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 1,577,164 square feet of commercial property for sale here , which includes 18 office building(s) for sale , 15 retail investment opportunity listing(s) , and 9 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	18	517,253
Retail	15	182,687
Industrial	9	305,520
Other	24	571,704

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 - 298 Listings

IDS Center

City Bella

Royalston Business Center

T3

Two Meridian Crossings

Fifty South Sixth

Highlight Center

N 12th Street

6636 Cedar Avenue South

Brookdale West

Tuttle School

Riverplace - The Link

6200 Shingle Creek Pkwy

Young Quinlan Building

Pacific Flats Building

Waterbury Building

800 North 1st Street

Laurel Village

4644 E Lake Street

Canadian Pacific Plaza

Mid-City South

150 Fifth Street Towers

300 North 1st Avenue

705 Building at Baker Center

Broadway Corporate Center - Broadway Place East

900 Business Center

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 - 298 Listings

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

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Popular Retail Searches

Popular Industrial Searches

About us