Normandale Lake District Office Space

Normandale Lake District

Office Space Market Report

Number of Listings (last 90 days)
98
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,670
As of: January 18, 2017

Normandale Lake District Rates

On average, listings lease in the $20's per square foot per year. The Normandale Lake District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 14% increase in rent.

Normandale Lake District Listing Supply

In the last 90 days, 99 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Normandale Lake District 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 2,670 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 11 stories. Most buildings in this region were built in 1986 and are Class A.

Normandale Lake District Community

Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Normandale Lake District residents. Commuting around 20 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 Normandale Lake District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Normandale Lake District.
Research