On average, listings lease in the $10's per square foot per year. The Minnetonka region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decrease in rent.
In the last 90 days, 493 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Minnetonka 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.
Even though the median size is 4,740 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1984 and are Class B.
Real time and historical data on commercial real estate listings in Minnetonka.
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