On average, listings lease in the $20's per square foot per year. The Hennepin County submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.
In the last 90 days, 7228 listings have been made available, so you'll want to check back regularly for new listings. About 8% of the available space in the Hennepin County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,540 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1981 and are Class B.
Real time and historical data on commercial real estate listings in Hennepin County.
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