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Retail Store opportunity score in Minneapolis hits 82/100 thanks to $78,000 incomes and 72/100 foot traffic.
Comprehensive Market Data
Best Retail Store Location in Minneapolis
Our analysis of Minneapolis reveals $29/sqft commercial rates, 72/100 pedestrian activity, and moderate saturation—key factors in the moderate outlook for retail store ventures.
Minneapolis retail store economics: $120K investment, $78K target demographic, 1.5x cost-to-income.
81/100 opportunity score
3,690,000 metro residents
$78,000 average income
38/100 launch timing score
Cautious - High Preparation
430K
Urban Residents
$78K
Income Level
High
Commercial Load
5
Sector Count
Interactive Location Finder
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Retail Store Finder
Minneapolis, United States
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✓ Competitor map
✓ Foot traffic data
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Competitor Locations
Opportunity Zones
High Traffic Areas
3,690,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis
Market Readiness: Retail Store in Minneapolis
Competitive dynamics unique to Minneapolis
81
/ 100
Market Opportunity
Based on 7 comprehensive market factors
High Potential
Financial Overview
Average Startup Cost
$120,000
Industry Success Rate
32%
Expected ROI Timeline
12-24 months
Customer Draw Radius
2,000m
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Unique Market Intelligence
Inside Minneapolis's Commercial Landscape
detailed market profiling
Market Position
Minneapolis positioning
Minneapolis retail store economics: $120K investment, $78K target demographic, 1.5x cost-to-income.
Real estate: $29 per sqft, pedestrian index 72/100, projecting $29,000 monthly occupancy cost.
Consumer base of 3.7M at $78K average income drives a $288B economic opportunity.
Entry conditions: 1.5x funding multiple against moderate competition and moderate trajectory.
Market viability index: 86/100 (factors: 1.5x funding, 72/100 walkability, $29/sqft costs).
Local economy driven by Healthcare, Finance—households averaging $78K.
Market growing at 2.5% annually. Moderate competitive environment. Stable outlook.
$120K startup. 18 local income-months to break even.
Competitive Position
National ranking for retail stores
Score: 81.8/100. 3.7M people. $78K income.
Retail Store costs $120K to open. Income ratio: 0.65x.
Traffic: 72. Rent: $29/sqft. Income: $78K.
Moderate growth. Moderate competition. Score: 81.8.
3.7M metro. $29/sqft rent. 72 foot traffic.
$120K startup. $29,000/mo rent. 18 income-months to recoup.
Score 81.8. Moderate competition. Good entry point.
$287.8B total income across 3.7M people.
Strategic Recommendations
Actionable strategies tailored for Minneapolis
Moderate growth. Moderate competition. Plan accordingly.
Traffic: 72. Rent: $29/sqft. $29,000/mo for 1000 sqft.
$78K income. Mid-tier pricing works. Offer options.
Retail Store: $120K to open. 18 income-months to recoup.
Traffic 72. Balanced. Mix storefront and digital.
3.7M metro. $78K income. 2-3 locations possible.
$348,000/yr rent. 446.2% of local income. Factor that in.
Moderate growth. Moderate competition. Execution decides success.
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Cautious - High Preparation
Current conditions in Minneapolis favor waiting over rushing. Spend 6-12 months building relationships, studying successful operators, and refining your concept. Enter when you can identify a clear opening that competitors haven't filled.
Timing score: 38/100
- ⚖️ Moderate competition - balanced market entry
- 🚶 Good foot traffic (72) - organic visibility
Seasonal Levers
- Holiday shopping
- Back-to-school
- Seasonal merchandise
National Benchmarks
How Minneapolis exceeds
scaled across 3.7M consumers
The $78,000 income profile in Minneapolis positions it 93% higher than the $40,492 national norm.
Commercial rates averaging $29/sqft in Minneapolis sit 11% below the $33/sqft market standard, enabling competitive pricing.
Pedestrian activity scoring 72/100 in Minneapolis falls short of the 79/100 average by 8%.
Retail Store Market Analysis for Minneapolis
Why Minneapolis for Retail Stores?
- Metro population of 3,690,000 provides large customer base
- Average income of $78,000 supports retail store spending
- High business density indicates healthy economic activity
- Strong foot traffic opportunities throughout the city
- Strong demographics opportunities throughout the city
Retail Store Success Factors
Foot traffic
Essential
Demographics
Essential
Anchor stores
Essential
Parking
Essential
Competition
Essential
Shopping patterns
Essential
Retail Store Market Insights for Minneapolis
High-income demographics ideal for premium services and luxury retail
Seasonal Considerations for Minneapolis
Holiday shopping
Back-to-school
Seasonal merchandise
District-by-District: Minneapolis
From downtown to suburban: Minneapolis's opportunity spread
Downtown Minneapolis
High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base
Business District
Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities
Suburban Areas
Growth Area
Family-oriented demographics
Lower competition density
Ample parking available
Minneapolis vs Other United States Cities for Retail Stores
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Minneapolis ⭐ | 3,690,000 | $78,000 |
|
Current City |
| Atlanta | 6,307,000 | $71,000 |
|
Details → |
| Plano | 7,760,000 | $102,000 |
|
Compare → |
| Frisco | 7,760,000 | $127,000 |
|
Check it → |
| Fort Lauderdale | 6,166,000 | $73,000 |
|
Review → |
Market Signals
Retail Store Insights Unique to Minneapolis
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
02
Local economy driven by Healthcare, Finance—households averaging $78K.
03
Moderate growth. Moderate competition. Score: 81.8.
04
In Minneapolis, Anchor stores becomes the tiebreaker.
05
Compared to Atlanta, Minneapolis scores -9 points higher—explaining the real estate premium.
FAQ
Retail Store FAQs for Minneapolis
Each answer references real Minneapolis data so this section is unique across the site.
What makes the Minneapolis market distinctive?
Local economy driven by Healthcare, Finance—households averaging $78K.
What operational lever matters most for retail stores in Minneapolis?
Anchor stores should lead your playbook when launching in Minneapolis.
How does Minneapolis compare to other retail store markets?
Our data shows Minneapolis scoring -9 points above Atlanta, making it the stronger retail store market.
What playbook works best for retail stores in Minneapolis?
Traffic: 72. Rent: $29/sqft. $29,000/mo for 1000 sqft.
Data Sources & Methodology
Our analysis combines multiple authoritative data sources
Economic Data
- World Bank Open Data
- International Monetary Fund (IMF)
- National Census Bureaus
Business Intelligence
- Ease of Doing Business Index
- Global Innovation Index
- Industry Association Reports
Demographics
- UN Population Division
- Municipal Open Data Portals
- Consumer Expenditure Surveys
Real Estate
- Commercial Real Estate Listings
- CoStar Market Analytics
- Local Zoning Databases
Methodology Note: Our opportunity scores are calculated using a weighted algorithm that considers population density, income levels, competition saturation, commercial rent costs, and industry-specific success factors. Data is refreshed quarterly from authoritative sources. Individual results may vary based on specific business circumstances, local regulations, and market conditions not captured in aggregate data.
Ready to Open Your Retail Store in Minneapolis?
Cautious - High Preparation with a 81/100 opportunity score, high competition, and a 72/100 foot traffic index. Current conditions in Minneapolis favor waiting over rushing. Spend 6-12 months building relationships, studying successful operators, and refining your concept. Enter when you can identify a clear opening that competitors haven't filled.