Calhoun Isles Retail

Calhoun Isles

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,540
As of: December 2, 2016

Calhoun Isles Rates

The typical asking rate per listing is in the $30's per square foot per year. The Calhoun Isles submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decline in rent.

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

Calhoun Isles Listing Supply

In the last 90 days, 27 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Calhoun Isles 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,470 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1948 and are Class A.

Calhoun Isles Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Calhoun Isles occupants. Commuting approximately an hour 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 Calhoun Isles.
Market Report

Market Data

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