Logan Park Office Space

Logan Park

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
5,130
As of: March 12, 2017

Logan Park Rates

Most listings are in the $10's per square foot per year. The Logan Park submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 26% decrease in rent.

Compared to the rest of the Minneapolis market, the Logan Park submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Logan Park Listing Supply

In the last 90 days, 2 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the Logan Park 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,130 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1930 and are Class B.

Logan Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Logan Park folk. Commuting approximately 30 minutes 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 Logan Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Logan Park.
Research