Most listings are in the $30's per square foot per year. The West Calhoun region is experiencing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Minneapolis market, the West Calhoun submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the West Calhoun 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,470 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this region were built in 1957 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the folk of West Calhoun work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.