West Calhoun Retail

West Calhoun

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$172
Median Size (sqft)
180
As of: December 8, 2016

West Calhoun Rates

Most listings are in the $30's per square foot per year. The West Calhoun region is experiencing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 12% rise in rent.

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

West Calhoun Listing Supply

In the last 90 days, 8 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the West Calhoun are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 buildings in this market are around 1 floors. Most buildings in this market were built in 1957 and are Class A.

West Calhoun Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the residents of West Calhoun work from home. Commuting approximately 30 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 West Calhoun.
Market Report

Market Data

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