Jordan Industrial

We couldn't find any industrial spaces for Lease and Sublease

Jordan

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,310
As of: June 23, 2017

Jordan Rates

The typical asking rate per listing is in the $10's per square foot per year. The Jordan region is going through a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Compared to the rest of the Minneapolis market, the Jordan submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Jordan Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the office spaces in the Jordan are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,310 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this market were built in 1954.

Jordan Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Jordan residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Jordan.
Market Report

Market Data

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