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.
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.