Most listings are in the $170's per square foot per year. The West Calhoun region is experiencing a a boost in rates. In the last 3 months, the median rate increased $135 per sqft per year. That's a 364% rise in rent.
Compared to the rest of the Minneapolis market, the West Calhoun region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 4 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 180 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1957 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Most of the residents of West Calhoun work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.