Minneapolis Office Space for Rent
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Renting Office Space in Minneapolis
Office space for rent in Minneapolis is highly sought after, particularly among professional services and corporate entities. TenantBase shows that medium-term leases of 3-5 years are the most common among businesses looking to find offices space, representing about 20.4% of lease preferences. Shorter leases of 1-2 years account for 44.3%, reflecting a desire for flexibility amid evolving business dynamics. Longer leases of 5+ years make up 7.5%, while short-term leases of less than one year account for 12.1%. Prime office locations include Downtown, the University area, and suburban corporate parks, attracting both established firms and innovative startups.
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TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
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 | 1,800 | $1.46 / SF | 205 |
| 494 Corridor | 1,700 | $1.56 / SF | 304 |
| Burnsville / Lakeville | 1,400 | $1.56 / SF | 68 |
| Downtown | 2,900 | $1.36 / SF | 300 |
| Eagan / Mendota Heights | 1,500 | $1.03 / SF | 77 |
| East Metro | 800 | $1.78 / SF | < 30 |
| Midway | 3,300 | $1.35 / SF | 47 |
| North Loop | 2,600 | $2.06 / SF | 68 |
| St Paul | 2,200 | $1.51 / SF | 102 |
| Uptown | 800 | $2.48 / SF | 43 |
*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.