The typical asking rate per listing is in the $20's per square foot per year. The Edina region is going through a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 24% rise in rent.
In the last 90 days, 30 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Edina 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 3 floors. Most buildings in this region were built in 1978 and are Class B.