Hennepin County Office Space

Hennepin County

Office Space Market Report

Number of Listings (last 90 days)
1,376
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,390
As of: February 20, 2017

Hennepin County Rates

The typical asking rate per listing is in the $20's per square foot per year. The Hennepin County region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Hennepin County Listing Supply

In the last 90 days, 1374 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the Hennepin County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,400 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1981 and are Class B.

Hennepin County Community

Market Report

Trends and status of the commercial real estate market in Hennepin County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hennepin County.
Research