The typical asking rate per listing is in the $10's per square foot per year. The Mendota Heights region is seeing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 18% increase in rent.
In the last 90 days, 21 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,090 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1993 and are Class B.