On average, listings lease in the $20's per square foot per year. The Edina region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.
In the last 90 days, 505 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the available leases in the Edina 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,870 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1978 and are Class B.
Real time and historical data on commercial real estate listings in Edina.
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