Average Rent for Retail Space in Minneapolis, MN
The average cost to rent retail space in Minneapolis comes to $17.62 per square foot based on our latest listing data.
The lowest cost you'll find stands at $14, while rents can cost up to $26 for premium properties.
Available Retail Inventory in Minneapolis, MN
There are currently 150 retail properties listed for lease in Minneapolis, totaling 1,372,412 square feet.
The average size of a retail property listed for lease here is 6,611 square feet. Listed properties range from 146 to 127,630 square feet.
The largest number of retail spaces in Minneapolis are sized 1,000 to 2,500 square feet, with 69 retail listings of this size. These properties cost $18 per square foot on average, based on our live listings.
Minneapolis is also home to 61 listings that are more than 5,000 square feet, asking an average rent of $20.
Retail Size Bucket
No. of Listings
More than 5,000 sq. ft.
61
2,500 to 5,000 sq. ft.
49
1,000 to 2,500 sq. ft.
69
Less than 1,000 sq. ft.
29
Retail Lease Types in Minneapolis, MN
The most common retail lease type in Minneapolis is NNN, with 25 spaces available for rent under such an agreement.
You can also find 5 Modified Gross lease options and 2 Net listings.
Minneapolis, MN Retail Listings, by Lease Type
- NNN
25
- Modified Gross
5
- Net
2
The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on November 4, 2026.
Types of Retail Properties for Lease in Minneapolis, MN
The largest share of the Minneapolis retail market is held by the Restaurant category, with 16 listings. Restaurant spaces average 4,643 square feet.
There are also 15 Street Retail spaces, which have an average square footage of 2,278 square feet.
The third most common type of retail space is Strip Retail at 11 listings, spanning 5,811 square feet on average.
Minneapolis, MN Retail Spaces for Lease, by Use Type
- Restaurant
16
- Street Retail
15
- Strip Retail
11
- Interior Retail
8
The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on November 4, 2026.
Top Neighborhoods for Retail Space in Minneapolis, MN
Downtown Minneapolis has the highest count of retail spaces out of all Minneapolis neighborhoods, being currently home to 113
listings.
The most popular retail space type here is Restaurant with 7 listings.
Uptown Minneapolis has the second-highest number of retail listings at 20.
Nicollet Island - East Bank is next with 12 retail listings.
Downtown Minneapolis
113
Uptown Minneapolis
20
Nicollet Island - East Bank
12
Whittier
11
North Loop
10
3815 Hiawatha Avenue, Howe, Minneapolis, MN