Minnetonka - Hopkins Office Space

Minnetonka - Hopkins

Office Space Market Report

Number of Listings (last 90 days)
131
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
5,000
As of: February 22, 2017

Minnetonka - Hopkins Rates

On average, listings lease in the $10's per square foot per year. The Minnetonka - Hopkins region is experiencing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 13% rise in rent.

Minnetonka - Hopkins Listing Supply

In the last 90 days, 129 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the available leases in the Minnetonka - Hopkins are subleases, so you will probably have to focus your search on direct office leases. 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 4,350 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1984 and are Class B.

Minnetonka - Hopkins Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Minnetonka - Hopkins occupants. Commuting between 30 and 45 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 Minnetonka - Hopkins.
Market Report

Market Data

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