On average, listings lease in the $20's per square foot per year. The Shakopee submarket is going through a a boost in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 43% rise in rent.
In the last 90 days, 15 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 1984 and are Class A.