On average, listings lease in the $10's per square foot per year. The Minnetonka region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 134 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the listings in the Minnetonka 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,740 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1984 and are Class B.