The typical asking rate per listing is in the $20's per square foot per year. The Hennepin County region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
In the last 90 days, 1374 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the Hennepin County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,400 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1981 and are Class B.