Elliot Park Office Space For Lease

Elliot Park

Market Report

Number of Listings For Lease
Posted in the last 90 days
20
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,430

Elliot Park Commercial Real Estate

Find Elliot Park commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Elliot Park commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Elliot Park Rates

The typical asking rate per commerial real estate listing leases is in the $20's per square foot per year. The Elliot Park region is experiencing a a boost in rates. In the last 3 months, the median rate for lease rose $1 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Minneapolis commercial real estate market, the Elliot Park region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Elliot Park Listing Supply

In the last 90 days, 6 commercial real estate listings have come on the market, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,430 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built close to 1923 and are Class B.

Elliot Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Elliot Park folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Elliot Park.
Research