The typical asking rate per listing is in the $10's per square foot per year. The Jordan submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Minneapolis market, the Jordan region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,310 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built in 1954.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Jordan folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.