Minnetonka - Hopkins Sublease

Minnetonka - Hopkins

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,910
As of: December 8, 2016

Minnetonka - Hopkins Rates

Most listings are in the $10's per square foot per year. The Minnetonka - Hopkins submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 11% rise in rent.

Minnetonka - Hopkins Listing Supply

In the last 90 days, 36 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,910 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market 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 market. 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