On average, listings lease in the $10's per square foot per year. The Minnetonka - Hopkins submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decrease in rent.
In the last 90 days, 107 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the listings in the Minnetonka - Hopkins 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,130 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Minnetonka - Hopkins occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.