For Sale
Minneapolis, MN
Commercial Real Estate Market Trends & Data
$203
Avg asking sale price
$21
Avg asking lease rate
29,903 SF
Avg unit lease size
29,100 SF
Avg building size for sale
7.24%
Average cap rate
Minneapolis's Demographic Profile
Minneapolis has 183,808 households and a median income of $71,217, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 418,749 |
| # Households | 183,808 |
| Median age | 35 |
| Median household income | $71,217 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 105,572 |
| 5-year population change | -2% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Minneapolis, MN
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Minneapolis | $196 | 19,104 SF | 8.39% |
| Robbinsdale | $285 | 2,700 SF | 9.84% |
| Crystal | $375 | 21,225 SF | 9.56% |
| New Hope | $270 | 17,714 SF | 9.56% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Minneapolis | $289 | 9,253 SF |
| Golden Valley | $321 | 9,093 SF |
| Robbinsdale | $418 | 10,059 SF |
| Crystal | $237 | 13,514 SF |
| New Hope | $237 | 10,997 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Minneapolis | $183 | 28,406 SF | 11.35% |
| Saint Louis Park | $539 | 13,740 SF | 5.30% |
| Edina | $310 | 13,453 SF | 6.84% |
Commercial Properties For Sale in Minneapolis
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Size For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Minneapolis pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Minneapolis | $203 | 29,100 SF |
| Golden Valley | $208 | 20,992 SF |
| Robbinsdale | $254 | 18,253 SF |
| Crystal | $325 | 13,138 SF |
| New Hope | $227 | 14,438 SF |
Multifamily Properties For Sale in Minneapolis
Regional Demographic Comparison
This comparison places Minneapolis alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Minneapolis or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Minneapolis | 418,749 | 183,808 | 35 | $71,217 | 2 | 105,572 | -2% |
| Golden Valley | 21,900 | 9,688 | 43 | $105,380 | 2 | 3,124 | -2% |
| Robbinsdale | 13,877 | 5,971 | 41 | $71,368 | 2 | 2,033 | -2% |
| Crystal | 21,952 | 8,866 | 40 | $78,686 | 2 | 2,427 | -3% |
| New Hope | 21,208 | 8,594 | 40 | $67,019 | 2 | 3,998 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Minneapolis, MN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Minneapolis
View All Commercial Real Estate For Sale in Minneapolis
Is Minneapolis a good market for a first-time commercial real estate investor?
Minneapolis offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Minneapolis?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Minneapolis. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Minneapolis?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Minneapolis. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Minneapolis compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Minneapolis. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Minneapolis acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Minneapolis, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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