The typical asking rate per listing is in the $20's per square foot per year. The Normandale Lake District submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $28 per sqft per year.
In the last 90 days, 66 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the listings in the Normandale Lake District 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 available, so finding a space for a small business might be tough.
Even though the median size is 6,510 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 11 floors. Most buildings in this market were built in 1986 and are Class A.
Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Normandale Lake District residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.