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Most commerial real estate listings for lease are in the $30's per square foot per year. The Fulton region is seeing a a rise in rates. In the last 3 months, the median rate for lease went up $35 per sqft per year.
Compared to the rest of the Minneapolis commercial real estate market, the Fulton submarket has more expensive rates for rent, and you may need to pay a premium to be in this hot submarket.
In the last 90 days, 5 commercial real estate listings have been made available, which means listings might be leasing quickly. 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 size for office space in this area is around 840 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built around 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Fulton residents. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Fulton.
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