Hennepin County Office Space

Hennepin County

Office Space Market Report

Number of Listings (last 90 days)
1,316
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,370
As of: July 22, 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 seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.

Hennepin County Listing Supply

In the last 90 days, 1316 listings have come on the market, so you'll want to check back regularly for new listings. About 40% of the available leases in the Hennepin County 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,450 sqft. Most buildings in this area are around 2 stories. 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