The typical asking rate per listing is in the $10's per square foot per year. The Mendota Heights region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 20 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 70% of the listings in the Mendota Heights 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.
The standard measurement for office space in this area is around 1,860 sqft. Most properties in this region are around 2 floors. Most buildings in this region were built in 1994 and are Class B.