Calhoun Isles Office Space

Calhoun Isles

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
11,000
As of: August 19, 2017

Calhoun Isles Rates

Most listings are in the $20's per square foot per year. The Calhoun Isles submarket is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Minneapolis market, the Calhoun Isles region has greater rates, and you'll need to pay a premium to be in this hot region.

Calhoun Isles Listing Supply

In the last 90 days, 11 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 36% of the available space in the Calhoun Isles are subleases, so you might be able to snag a great spot on a short term. 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 11,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1937 and are Class B.

Calhoun Isles Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Calhoun Isles residents. Commuting close to an hour 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 Calhoun Isles.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Calhoun Isles.
Research