Northeast Minneapolis Retail Space for Rent

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Retail Space

Renting Retail Space in Northeast Minneapolis

"Nordeast" has evolved from an industrial enclave into a premier "lifestyle" submarket. It currently boasts a vacancy rate significantly lower than the downtown core, driven by a diverse mix of creative agencies, breweries, and "maker" spaces (Source: Josh Sprague Investment Guide). 2025 saw a steady wave of new local restaurants expanding beyond the Central Avenue strip, creating a "Northeast Fringe" growth area (Source: Wits Realty 2026 Watchlist). 2026 represents the "Small Multi-Family" boom. Investors are increasingly targeting small multi-family buildings and duplexes in this neighborhood as young professionals seek more space and "urban-lite" living compared to the North Loop. Land prices for infill development in Northeast have nearly doubled over the past five years (Source: Wits Realty / Newmark 2025).

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Popular Retail Space in the Northeast Minneapolis Neighborhood

Lyndale Green - Sublease

2,347 SF

$3,500 /mo

Storefront

W Broadway Ave

600 – 4,045 SF

$600 – $11,800 /mo

General Storefront

2500 Cleveland Avenue

3,200 SF

$2,000 /mo

Storefront

The Pence Building

1,285 – 12,180 SF

$1,700 – $27,300 /mo

General Storefront

Office/Retail Building For Sale or Lease

610 SF

$1,200 /mo

General Storefront

Snelling Retail Center

999 – 3,311 SF

$4,200 – $83,200 /mo

General Storefront

Retail for Lease

1,075 SF

$1,500 /mo

Storefront

MN 46 - Retail Space

854 SF

$1,800 /mo

Storefront

5401 Chicago Restaurant Space

3,803 SF

$7,900 /mo

Restaurant

Sylvan Learning Academy Sublease - Roseville

1,986 SF

$3,500 /mo

Storefront

MN46 General Retail/Restaurant Space

908 SF

$1,900 /mo

Storefront

First Floor Retail or Office Space For Lease on Nicollet Mall

5,202 SF

- /mo

Storefront

Hennepin Ave

1,779 SF

- /mo

Storefront

The Churchill - Retail

375 SF

$1,000 /mo

Storefront

PRIME Retail on Snelling Avenue in St. Paul PLUS warehouse/garage space (attached / behind)

5,527 SF

$6,900 /mo

Storefront

Suite Rates in Northeast Minneapolis

Suite Sizes in Northeast Minneapolis

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
394 Corridor	1,800	$1.78 / SF	< 30
494 Corridor	2,100	$2.12 / SF	31
Burnsville / Lakeville	1,600	$2.22 / SF	< 30
Downtown	2,900	$2.23 / SF	56
Eagan / Mendota Heights	1,100	$1.92 / SF	< 30
East Metro	1,400	$2.28 / SF	< 30
Midway	1,600	$2.48 / SF	< 30
North Loop	5,000	-	< 30
St Paul	2,100	$2.37 / SF	< 30
Uptown	1,500	$1.93 / SF	36

*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.