Minneapolis, MN Retail Space for Lease

Search 106 retail listings in Minneapolis, MN and find helpful local stats in the Market Overview section below.

Richfield Strip Center

1208 East 66th St. Richfield, Richfield, MN
Property

Retail

3,180 SF
Availability

1 Space

3,180 SF
For Lease

$12.00/SF/YR
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4121 Lakeland Ave N

4121 Lakeland Ave N, Robbinsdale, MN
Property

Retail
Availability

1 Space

2,700 SF
For Lease Contact for pricing
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3430 University Ave SE

3430 University Ave SE, Prospect Park East River Road, Minneapolis, MN
Property

Retail

22,165 SF
Availability

1 Space

20,000 SF
Year Built

1979
For Lease Contact for pricing
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Malcolm Station

495 Malcolm Ave SE, Prospect Park East River Road, Minneapolis, MN
Property

Retail

6,815 SF
Availability

1 Space

6,815 SF
For Lease Contact for pricing
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The Station on Washington Apartments

620 Washington Ave S, Downtown Minneapolis, Minneapolis, MN
Property

Retail

4,075 SF
Availability

1 Space

4,075 SF
For Lease Contact for pricing
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1297 Shingle Creek Crossing

1297 Shingle Creek Xing, Brooklyn Center, MN
Property

Retail

180,000 SF
Availability

1 Space

180,000 SF
For Lease Contact for pricing
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Retail Space Rents in Minneapolis, MN

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Minneapolis asks $20.02 per square foot.

Retail Space Lease Types in Minneapolis, MN

The most common type of lease agreement you’ll find here is NNN, with 21 space(s) available under this type of arrangement. The local market is also home to 4 retail space(s) offered under a Modified Gross lease agreement type, and 2 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in Minneapolis, MN

NNN 21
Modified Gross 4
Full Service 2

Average Size of Retail Space for Lease in Minneapolis, MN

The average size for this type of rental opportunity in Minneapolis is 1,000 sqft to 2,500 sqft. Currently, the local market offers 71 listing(s) within that size range. You can also search 47 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Minneapolis, MN

Retail space in Minneapolis comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 13 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 5,644 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

The local market is also home to 8 space(s) listed as Street Retail. The average size you can expect to find for this category is 2,531 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

What’s more, you can find 1 listing(s) in the Retail (Other) category, currently available in the average size of 1,324 square feet. Retail spaces come in many shapes and designs. Some are specifically tailored to the tenant that uses them, others are more generic space that can easily be reconfigured to accommodate different kinds of businesses over time.

Number of Retail Spaces for Lease in Minneapolis, MN, by Use Type

Restaurant

Street Retail

Retail (Other)

Average Retail Listing Size in Minneapolis, MN, by Use Type

Restaurant

5,644 sq. ft.

Street Retail

2,531 sq. ft.

Retail (Other)

1,324 sq. ft.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Minneapolis, MN

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Downtown Minneapolis is your top choice for lease opportunities, as it is currently home to the highest number of listings — 92 retail space(s). The most popular space type here is Restaurant. You can find 4 such listing(s) here.

Minneapolis’s second most popular area is Loring Park, where you can find 19 retail listing(s). The most likely type of space you can rent here is Street Retail. If this is the kind of property you are looking for, you will find 5 listing(s) available here.

Uptown Minneapolis is also among the best areas to search for your next commercial space. Here you can find 13 retail space(s) available for consideration by prospective tenants.

Top Locations to Lease Retail Space in Minneapolis, MN

Downtown Minneapolis

Loring Park

Uptown Minneapolis

Prospect Park East River Road

East Phillips

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

Recent Retail Market News

HJ Development Buys 357 KSF Twin Cities Retail Asset

Crossroads Center of Roseville previously traded in 2007, for $31.7 million.

MVK Capital JV Buys Minneapolis-Area Shopping Center

Mid-America Real Estate Corp. brokered the transaction on behalf of the seller.

Hanley Investment Completes Minneapolis Retail Deal

Executive Vice Presidents Bill Asher and Jeff Lefko assisted the seller in the $3 million grocery store transaction.

Hanley Investment Closes Minneapolis Retail Deal

Executive Vice Presidents Jeff Lefko and Bill Asher assisted the seller, TOLD Development Co.

Boulder Group Closes Sale of AT&T Building

Jimmy Goodman and Randy Blankstein negotiated the deal on behalf of the seller.

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Minneapolis, MN Retail Space for Lease

Richfield Strip Center

4121 Lakeland Ave N

3430 University Ave SE

Malcolm Station

The Station on Washington Apartments

1297 Shingle Creek Crossing

Retail Space Rents in Minneapolis, MN

Retail Space Lease Types in Minneapolis, MN

Most Common Type of Lease for Retail Buildings in Minneapolis, MN

Average Size of Retail Space for Lease in Minneapolis, MN

Retail Space Types You Can Lease in Minneapolis, MN

Number of Retail Spaces for Lease in Minneapolis, MN, by Use Type

Average Retail Listing Size in Minneapolis, MN, by Use Type

Top Locations to Lease Retail Space in Minneapolis, MN

Top Locations to Lease Retail Space in Minneapolis, MN

Key Factors to Consider When Choosing a Retail Space for Lease

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Recent Retail Market News

HJ Development Buys 357 KSF Twin Cities Retail Asset

MVK Capital JV Buys Minneapolis-Area Shopping Center

Hanley Investment Completes Minneapolis Retail Deal

Hanley Investment Closes Minneapolis Retail Deal

Boulder Group Closes Sale of AT&T Building

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