Minnetonka Industrial

Minnetonka

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
7,200
As of: December 4, 2016

Minnetonka Rates

Most listings are in the $10's per square foot per year. The Minnetonka region is experiencing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 11% increase in rent.

Minnetonka Listing Supply

In the last 90 days, 38 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Minnetonka are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 7,200 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1984 and are Class B.

Minnetonka Community

Market Report

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

Market Data

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

Minnetonka Submarkets