Minnetonka Retail

Minnetonka

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
6,850
As of: December 8, 2016

Minnetonka Rates

The typical asking rate per listing is in the $10's per square foot per year. The Minnetonka region is going through a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 11% rise in rent.

Minnetonka Listing Supply

In the last 90 days, 38 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the office spaces in the Minnetonka 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 7,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1984 and are Class B.

Minnetonka Community

Market Report

Trends and status of the commercial real estate market in Minnetonka.
Market Report

Market Data

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

Minnetonka Submarkets