In 2023 the Stearns County, MN commercial real estate market totaled 1,336,827 square feet of office spaces, 4,504,871 square feet of office spaces with retail, and 16,206,300 square feet of industrial space.
Office Spaces
Total: 1,336,827 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
1,036,297 SqFt |
77.52% of total office |
| 100k to 500k SqFt |
300,530 SqFt |
22.48% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
403,052 SqFt |
30.15% of total office |
| Class B |
933,775 SqFt |
69.85% of total office |
Class A office space holds a 30.15% share of the overall Stearns County, MN office market, while Class B office assets make up approximately 69.85%.
Industrial
Total: 16,206,300 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
3,153,399 SqFt |
19.46% of total industrial |
| 100k to 500k SqFt |
10,308,901 SqFt |
63.61% of total industrial |
| 500k to 1M SqFt |
1,544,000 SqFt |
9.53% of total industrial |
| > 1M SqFt |
1,200,000 SqFt |
7.4% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
4,509,963 SqFt |
27.83% of total industrial |
| Class B |
11,010,447 SqFt |
67.94% of total industrial |
| Class C |
215,890 SqFt |
1.33% of total industrial |
There are 10,308,901 square feet of commercial real estate properties between 100k to 500k square feet, representing 63.61% of the Stearns County, MN industrial inventory. Class A assets total 4,509,963 square feet of industrial space, with an additional 11,010,447 square feet of Class B and 215,890 square feet of Class C properties.
Office Spaces with Retail
Total: 4,504,871 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
961,498 SqFt |
21.34% of total office with retail |
| 100k to 500k SqFt |
2,777,160 SqFt |
61.65% of total office with retail |
| 500k to 1M SqFt |
766,213 SqFt |
17.01% of total office with retail |
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