St. Paul, Minnesota, a regional business center situated on bluffs overlooking the Mississippi River, is an ideal location for a Commercial Real Estate Property For Lease. With its rich history, strong focus on education, and diverse public school district, St. Paul offers a unique blend of amenities, infrastructure, and location that makes it an attractive destination for businesses and travelers alike. The city is home to numerous higher education institutions, including Saint Catherine University, Concordia University, and the University of St. Thomas, and is served by major transportation facilities such as the Saint Paul Union Depot and the Minneapolis–Saint Paul International Airport (MSP). Additionally, St. Paul boasts a vibrant arts scene, with cultural institutions like the Ordway Center for the Performing Arts and the Minnesota Opera, and is known for its historic neighborhoods and landmarks, such as the Summit Avenue Neighborhood and the Cathedral of Saint Paul.
With 139 Commercial Real Estate Properties For Lease available in St. Paul, businesses can find the perfect space to suit their needs. The average annual rent per square foot is $16 USD, with options ranging from $5 USD to $29 USD per square foot. Spaces vary in size, with an average of 14,818 square feet and options ranging from 100 to 1,454,904 square feet. In addition to Commercial Real Estate, St. Paul also offers Office Space, Coworking Space, Retail Space, and Industrial Space, each with its own unique characteristics and advantages. Office Space is ideal for businesses that require a professional setting, while Coworking Space provides a collaborative environment for entrepreneurs and startups. Retail Space is perfect for businesses that rely on foot traffic, and Industrial Space is suitable for companies that require warehousing and manufacturing facilities. With its diverse range of property types and amenities, St. Paul is an excellent location for businesses of all sizes and types.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in St. Paul, Minnesota, there are several key factors to consider, including:
- Location: proximity to major transportation hubs like the Saint Paul Union Depot and Minneapolis–Saint Paul International Airport (MSP), as well as access to major roads like Interstate 35E and Interstate 94, can impact your business's visibility and accessibility.
- Space requirements: with an average size of 14,818 square feet and a maximum space size of 1,454,904 square feet, it's essential to determine the right amount of space for your business needs, taking into account factors like employee count, equipment, and inventory.
- Cost: with an average annual rent of $16 USD per square foot, it's crucial to establish a budget and consider the total cost of occupancy, including utilities, maintenance, and other expenses, to ensure your business can afford the lease.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the ideal commercial property to rent for your business needs in St. Paul, it's essential to consider factors such as the size of the space, type of property, and location. With 139 available listings of commercial real estate for lease in St. Paul, you'll want to narrow down your options by identifying your specific requirements.
Here are a few key considerations to help you determine the right size and type of commercial property to rent:
- Assess your business needs: Calculate the square footage required for your operations, taking into account factors such as employee count, equipment, and storage needs. You may want to consider a space with an average size of 14,818 square feet or a maximum space size of 1,454,904 square feet.
- Evaluate the property type: Determine whether you need a retail, office, industrial, or warehouse space, and consider the amenities and features that are essential for your business, such as proximity to public transportation, parking, and loading docks.
- Research the location: Consider the demographics, foot traffic, and competition in the area, as well as the accessibility and visibility of the property. St. Paul's diverse neighborhoods and districts, such as the Summit Avenue Neighborhood and the Cathedral of Saint Paul, offer unique opportunities for businesses to thrive.
