Mendota Heights Office Space

Mendota Heights

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
2,830
As of: June 22, 2017

Mendota Heights Rates

Most listings are in the $10's per square foot per year. The Mendota Heights submarket is going through a a boost in rates. In the last 3 months, the median rate increased $17 per sqft per year.

Mendota Heights Listing Supply

In the last 90 days, 36 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 53% of the available leases in the Mendota Heights are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,830 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1993 and are Class B.

Mendota Heights Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Mendota Heights folk. Commuting around 10 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 Mendota Heights.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mendota Heights.
Research