Minnetonka - Hopkins Industrial

Minnetonka - Hopkins

Office Space Market Report

Number of Listings (last 90 days)
141
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
8,620
As of: July 28, 2017

Minnetonka - Hopkins Rates

The typical asking rate per listing is in the $10's per square foot per year. The Minnetonka - Hopkins submarket is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 8% rise in rent.

Minnetonka - Hopkins Listing Supply

In the last 90 days, 141 listings have been made available, so you'll want to check back regularly for new listings. About 43% of the available leases in the Minnetonka - Hopkins are subleases, so you might be able to snag a great spot on a short term. 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 6,390 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1984 and are Class B.

Minnetonka - Hopkins Community

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 region. 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.

Market Report

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

Market Data

Real time and historical data on commercial real estate listings in Minnetonka - Hopkins.
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Minnetonka Submarkets