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Minneapolis, MN, is a city with strong infrastructure ideal for restaurants because of its diverse culinary scene and population. The city attracts many residents and tourists with its cultural institutions and professional sports teams, creating a good environment for dining businesses. Its public park system, linked by the Grand Rounds National Scenic Byway, brings in foot traffic and offers attractive spots for new restaurants. The University of Minnesota’s main campus provides a constant stream of students and faculty in need of places to eat. The location near the Mississippi River and several lakes also offers unique waterfront dining opportunities.
There are 15 restaurant listings in Minneapolis, showing a solid market for newcomers or those wanting to grow in the food service industry. These businesses can take advantage of the city's distinct seasons to offer varying menus. Meanwhile, apartment buildings add to the city's skyline and house a diverse population. Shopping centers, with local and national stores, and specialty properties like art galleries or theaters, add to Minneapolis's cultural offerings. Hotels cater to business travelers and tourists, providing a steady customer base for restaurants. These property types, from apartments to hotels, create a supportive network for Minneapolis’ restaurant industry.
The largest restaurant listing currently available in Minneapolis is 58,479 SF.
Minneapolis's cultural scene, extensive park system with trails, and a sizable population position it as a favorable market for restaurant listings.
| Restaurant Size | Square Feet |
|---|---|
| Maximum | 58,479 SF |
| Average | 14,357 SF |
| Minimum | 873 SF |
| Restaurant Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 6.18% |
| Average | 6.18% |
| Minimum | 6.18% |
| Restaurant Price | Price Per SF |
|---|---|
| Maximum | $1,145 Per SF |
| Average | $263 Per SF |
| Minimum | $22 Per SF |
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