Lake Elmo Commercial Real Estate

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Lake Elmo

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
500

Lake Elmo Rates

On average, listings lease in the $20's per square foot per year. The Lake Elmo submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% increase in rent.

Lake Elmo Listing Supply

In the last 90 days, 54 listings have been made available, so you'll want to check back regularly for new listings. About 11% of the listings in the Lake Elmo are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 500 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 2003 and are Class B.

Lake Elmo Community

Market Data

Real time and historical data on commercial real estate listings in Lake Elmo.
Research