Minnetonka - Hopkins Sublease

Minnetonka - Hopkins

Office Space Market Report

Number of Listings (last 90 days)
141
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
6,960
As of: August 19, 2017

Minnetonka - Hopkins Rates

The typical asking rate per listing is in the $10's per square foot per year. The Minnetonka - Hopkins submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 10% decline in rent.

Minnetonka - Hopkins Listing Supply

In the last 90 days, 141 listings have been posted online, so you'll want to check back regularly for new listings. About 52% of the office spaces in the Minnetonka - Hopkins 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 posted, so finding a space for a small business might be tough.

Even though the median size is 6,960 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1984 and are Class B.

Minnetonka - Hopkins Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Minnetonka - Hopkins residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Minnetonka - Hopkins.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Minnetonka - Hopkins.
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Minnetonka Submarkets