The typical asking rate per listing is in the $20's per square foot per year. The Minnetonka - Hopkins region is seeing a an increase in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 33% increase in rent.
In the last 90 days, 21 listings have come on the market, which means office spaces most likley are going fast. 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 2,670 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1984 and are Class B.
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.