Quick reference: Minneapolis Class A rent is 32 USD/sqft ($32 USD), typical term 10 years, 16 months free.
Class A rent: 32 USD/sqft/yr ($32 USD).
Typical term: 10 years.
Typical rent-free: 16 months.
Vacancy: 23.7%.
Minneapolis Class A office: frequently asked questions
Quick reference: Minneapolis Class A rent is 32 USD/sqft ($32 USD), typical term 10 years, 16 months free.
TL;DR
Class A rent: 32 USD/sqft/yr ($32 USD).
Typical term: 10 years.
Typical rent-free: 16 months.
Vacancy: 23.7%.
Quick reference
Use this page as the fast-answer reference for Minneapolis. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Minneapolis
country
United States
region
Americas
classARentLocal
32 USD/sqft/yr
classARentUsd
$32/sqft/yr
vacancy
23.7%
typicalLeaseYears
10
typicalRentFreeMonths
16
submarkets
5
primeYieldPct
7.4%
Frequently asked questions
How important is the skyway system?
Material. Skyway-connected trophy product commands a measurable premium over otherwise-comparable street-level Class A — driven by winter commute and amenity-floor connectivity.
What is the Minneapolis vs. St. Paul market dynamic?
Minneapolis hosts the deeper Class A market; St. Paul is government and education-anchored. Cross-river inventory is largely separate.
How significant is the North Loop?
Material. North Loop is the principal creative-class repositioning frontier — converted warehouse Class A, deep restaurant and residential base, and growing tech tenancy.