Bloomington, Minnesota, is an attractive location for businesses seeking a Commercial Real Estate Property For Lease, thanks to its strong economy, excellent infrastructure, and high quality of life. With a population of nearly 90,000 residents, the city offers a diverse and skilled workforce, making it an ideal spot for companies to establish themselves. The presence of major employers like Ceridian, Donaldson Company, and HealthPartners, as well as the Mall of America, which is the largest private-sector employer in Bloomington, employing about 13,000 people, demonstrates the city's ability to support a wide range of industries. Additionally, the city's extensive park system, including Hyland Lake Park Reserve and the Minnesota Valley National Wildlife Refuge, provides a unique blend of natural beauty and urban amenities.
With 90 Commercial Real Estate Properties For Lease available, Bloomington offers a range of options for businesses looking to establish or expand their operations. The city's diverse economy, which includes retail, technology, healthcare, and manufacturing, is supported by a strong job market and a highly educated workforce, with institutions like Normandale Community College and Northwestern Health Sciences University providing a steady supply of skilled workers. In addition to Commercial Real Estate, the city also offers Office Space, Coworking Space, Retail Space, and Industrial options, ensuring that businesses can find the perfect fit for their needs. Whether you're looking for a space near the Mall of America or in the heart of downtown, Bloomington has something to offer, with average annual rents ranging from $6 USD to $18 USD per square foot, and spaces available from 10 to 236,000 square feet.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Bloomington, Minnesota, there are several key factors to consider to ensure you find the perfect space for your business, including:
- Location, with proximity to major transportation hubs like the Minneapolis–Saint Paul International Airport and the Mall of America, as well as access to Interstate 35W, Minnesota State Highway 77, U.S. Highway 169, and Interstate 494, being crucial for employee and customer convenience.
- Space size and layout, with options ranging from 20,787 square feet to 236,000 square feet, and a consideration of the average annual rent per square foot of $18 USD.
- Amenities and services, such as the availability of parking, security, and utilities, as well as the surrounding area's amenities, including the Bloomington Ice Garden, Thomas Jefferson High School, and Normandale Community College, which can impact your business's operations and employee satisfaction.
How do I determine the right size and type of commercial property to rent for my business needs?
Determining the right size and type of commercial property to rent for your business needs in Bloomington, Minnesota requires careful consideration of several factors. With 90 available listings of commercial real estate for lease, you'll want to assess your business requirements and prioritize your needs to find the perfect fit.
- First, calculate your required square footage by considering the number of employees, equipment, and inventory you'll need to accommodate, as well as any specific spatial requirements for your industry or operations. For example, if you're looking for a space with an average size of 20,787 square feet, you may want to consider properties with a maximum space size of 236,000 square feet.
- Next, think about the type of property that best suits your business needs, such as office space, retail, industrial, or warehouse facilities. Bloomington's diverse economy and infrastructure, with major transportation hubs like the Minneapolis–Saint Paul International Airport and the Mall of America, may influence your decision.
- Finally, evaluate the amenities and services you need, such as proximity to public transportation, parking, and amenities like restaurants, gyms, or childcare facilities. With an average annual rent of $18 USD per square foot, you'll want to ensure that your chosen property aligns with your budget and provides the necessary support for your business to succeed.
