On average, listings lease in the $20's per square foot per year. The Hennepin County submarket is going through a a boost in rates. In the last 3 months, the median rate increased $21 per sqft per year.
In the last 90 days, 1316 listings have come on the market, so you'll want to check back regularly for new listings. About 46% of the available space in the Hennepin County are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,150 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1981 and are Class B.