Minnetonka Office Space

Minnetonka

Office Space Market Report

Number of Listings (last 90 days)
100
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
5,030
As of: January 23, 2017

Minnetonka Rates

The typical asking rate per listing is in the $10's per square foot per year. The Minnetonka region is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 18% decrease in rent.

Minnetonka Listing Supply

In the last 90 days, 100 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available leases in the Minnetonka are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,030 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1984 and are Class B.

Minnetonka Community

Market Report

Trends and status of the commercial real estate market in Minnetonka.
Market Report

Market Data

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

Minnetonka Submarkets