On average, listings lease in the $20's per square foot per year. The Shakopee region is seeing a decrease in rates. In the last 3 months, the median rate fell $195 per sqft per year. That's a 88% decline in rent.
In the last 90 days, 14 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 1984 and are Class A.