Phillips Office Space

Phillips

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,080
As of: February 24, 2017

Phillips Rates

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

Phillips Listing Supply

In the last 90 days, 7 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,080 sqft. Most buildings in this area are approximately 4 floors. Most buildings in this area were built in 1957 and are Class B.

Phillips Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the residents of Phillips work from home. Commuting around 15 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 Phillips.
Market Report

Market Data

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