Plymouth - Wayzata Office Space

Plymouth - Wayzata

Office Space Market Report

Number of Listings (last 90 days)
115
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,670
As of: February 27, 2017

Plymouth - Wayzata Rates

The typical asking rate per listing is in the $20's per square foot per year. The Plymouth - Wayzata submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.

Plymouth - Wayzata Listing Supply

In the last 90 days, 115 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Plymouth - Wayzata are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,670 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1988 and are Class B.

Plymouth - Wayzata Community

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 Plymouth - Wayzata 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 Plymouth - Wayzata.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Plymouth - Wayzata.
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