Marcy - Holmes Office Space For Lease

Marcy - Holmes

Market Report

Number of Listings For Lease
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
950

Marcy - Holmes Commercial Real Estate

Find Marcy - Holmes 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 Marcy - Holmes commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Marcy - Holmes Rates

On average, commerial real estate listings lease in the $20's per square foot per year. The Marcy - Holmes submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease decreased $15 per sqft per year.

Compared to the rest of the Minneapolis commercial real estate market, the Marcy - Holmes submarket has greater rates for rent, and you may need to pay a premium to be in this hot region.

Marcy - Holmes Listing Supply

In the last 90 days, 17 commercial real estate listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the available commercial real estate leases in the Marcy - Holmes are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 950 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built close to 1916 and are Class C.

Marcy - Holmes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Marcy - Holmes occupants. Commuting close to 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 Marcy - Holmes.
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