Minnetonka Industrial

Minnetonka

Office Space Market Report

Number of Listings (last 90 days)
134
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,010
As of: March 12, 2017

Minnetonka Rates

The typical asking rate per listing is in the $10's per square foot per year. The Minnetonka submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.

Minnetonka Listing Supply

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 available space in the Minnetonka are subleases, so you will probably have to focus your search on direct office leases. 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 5,010 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region 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