Minneapolis Warehouse Space for Rent
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Renting Warehouse Space in Minneapolis
Industrial spaces in Minneapolis serve as crucial nodes for regional distribution and logistics. TenantBase searches by businesses looking for space indicate a preference for stability, with 5+ year leases making up 28.5%. Medium-term leases of 3-5 years account for 21.2%, while shorter leases of 1-2 years constitute 23.5%. Short-term leases of less than one year make up 9.1%. The city’s industrial hubs, including the Northern Suburbs and areas near major highways, continue to accommodate distribution centers and light manufacturing.
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Suite Rates in Minneapolis
Suite Sizes in Minneapolis
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| 394 Corridor | 6,000 | $1.18 / SF | 65 |
| 494 Corridor | 2,200 | $1.43 / SF | 97 |
| Burnsville / Lakeville | 2,500 | $0.57 / SF | < 30 |
| Downtown | 200 | $1.33 / SF | 54 |
| Eagan / Mendota Heights | 15,000 | $0.61 / SF | < 30 |
| East Metro | 2,500 | $0.58 / SF | < 30 |
| Midway | 5,400 | $1.01 / SF | < 30 |
| North Loop | 87,000 | - | < 30 |
| St Paul | 5,100 | $0.75 / SF | < 30 |
| Uptown | 4,200 | $0.67 / SF | < 30 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.