Minnetonka, MN Commercial Real Estate for Lease and Sale

Explore 48 listings of Minnetonka commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

Ridgehaven Marketplace

Plymouth Rd & I394, Westernesse, Minnetonka, MN
Property

Retail

140,418 SF
Availability

1 Space

2,328 SF
For Lease Contact for pricing
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Clearwater Corporate Center

6000 Clearwater Dr, Glen Lake, Minnetonka, MN
Property

Office

97,147 SF
Availability

1 Space

9,534 SF
Year Built

1984
For Lease Contact for pricing
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601 Tower at Carlson

601 Carlson Pkwy, Spring Lake, Minnetonka, MN
Property

Office

283,233 SF
Availability

8 Spaces

61,368 SF
Year Built

1988
For Lease Contact for pricing
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Land For Development

9800 & 9820 Minnetonka Boulevard, Runnymeade, Minnetonka, MN
Property

VacantLand
For Sale

$1,850,000
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Walgreens

4950 County Road 101, Tonkawood, Minnetonka, MN
Property

Retail

12,544 SF
For Sale

$7,800,000
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Crescent Ridge Corporate Center I

11100 Wayzata Blvd, Runnymeade, Minnetonka, MN
Property

Office

272,723 SF
Availability

7 Spaces

60,062 SF
Year Built

1998
For Lease Contact for pricing
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Whitewater Office Center I & II

12501 Whitewater Drive, Glen Lake, Hopkins, MN
Property

Office

146,493 SF
Availability

6 Spaces

19,957 SF
Year Built

1984
For Lease Contact for pricing
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10350 & 10380 Bren Road West

10350 Bren Road West, Glen Lake, Minnetonka, MN
Property

Office

218,604 SF
Availability

1 Space

132,604 SF
Year Built

1998
For Lease Contact for pricing
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Carlson Center East II

130 Cheshire Lane, Westernesse, Minnetonka, MN
Property

Office

62,212 SF
Availability

3 Spaces

9,234 SF
Year Built

1996
For Lease

$16.00/SF/YR
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Ridgeview Office Center

13100 Wayzata Blvd, Westernesse, Minnetonka, MN
Property

Office

45,737 SF
Availability

2 Spaces

4,536 SF
Year Built

1983
For Lease

$18.00/SF/YR
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Woodside V For Sale

10590 Wayzata Blvd, Runnymeade, Minnetonka, MN
Property

Office

32,545 SF
For Sale Contact for pricing
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12400 Whitewater Drive

12400 Whitewater Drive, Glen Lake, Hopkins, MN
Property

Retail

64,290 SF
Availability

2 Spaces

18,168 SF
Year Built

1984
For Lease

$13.00/SF/YR
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Minnetonka Corporate Center - 5101 Shady Oak Road

5101 Shady Oak Road, Glen Lake, Minnetonka, MN
Property

Office

246,518 SF
Availability

2 Spaces

75,260 SF
Year Built

1977
For Lease

$14.00/SF/YR
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Baker Tech

5909-6121 Baker Road |, Glen Lake, Minnetonka, MN
Property

Office
Availability

1 Space

25,178 SF
For Lease Contact for pricing
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Gateway

9800 Bren Rd E, Glen Lake, Minnetonka, MN
Property

Office

70,700 SF
Availability

3 Spaces

46,456 SF
Year Built

1984
For Lease Contact for pricing
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Ridgedale Drive Medical Center

14001 Ridgedale Drive, Westernesse, Minnetonka, MN
Property

Office

26,885 SF
Availability

1 Space

3,587 SF
Year Built

1982
For Lease

$23.00/SF/YR
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Ridgedale Festival Center

14200 Wayzata Blvd, Westernesse, Minnetonka, MN
Property

Retail

121,066 SF
Availability

1 Space

1,589 SF
Year Built

1990
For Lease Contact for pricing
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Glen Lake Village

14400 Excelsior Blvd, Glen Lake, Minnetonka, MN
Property

Retail

38,096 SF
Availability

1 Space

1,620 SF
For Lease

$20.00/SF/MO
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Baker Road Corporate Center - 4350 & 4400 Baker Road

4400 Baker Road, Glen Lake, Minnetonka, MN
Property

Office

167,190 SF
Availability

2 Spaces

2,574 SF
Year Built

1984
For Lease Contact for pricing
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Minnetonka Corporate Campus II&III

12800-12900 Whitewater Drive, Glen Lake, Minnetonka, MN
Property

Office

157,496 SF
Availability

4 Spaces

34,813 SF
Year Built

1987
For Lease

$6.99 - $15.50/SF/YR
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12600 Whitewater Dr Bldg

12600 Whitewater Dr, Glen Lake, Minnetonka, MN
Property

Office

73,000 SF
Availability

4 Spaces

106,302 SF
Year Built

1997
For Lease

$15.00 - $18.00/SF/YR
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Crescent Ridge Corporate Center II

10900 Wayzata Blvd, Runnymeade, Minnetonka, MN
Property

Office

300,633 SF
Availability

8 Spaces

95,852 SF
Year Built

1999
For Lease

$22.00/SF/YR
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Pondview Plaza

5850 Opus Pkwy, Glen Lake, Minnetonka, MN
Property

Office

122,183 SF
Availability

7 Spaces

35,264 SF
Year Built

1997
For Lease Contact for pricing
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Carlson Center
HQ
601 Carlson Parkway Suite 1050, Minnetonka, MN
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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5900 Green Oak Drive

5900 Green Oak Drive, Glen Lake, Minnetonka, MN
Property

Office

60,000 SF
Availability

13 Spaces

36,864 SF
Year Built

1983
For Lease

$14.75 - $18.75/SF/YR
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Opus 2 - Feltl Road Business Center

5450 Feltl Road, Glen Lake, Minnetonka, MN
Property

Industrial

135,240 SF
Availability

1 Space

10,916 SF
Year Built

1985
For Lease

$12.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Minnetonka commercial real estate market incorporates 3,089,365 square feet of office space across 28 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Minnetonka commercial real estate market includes 465,674 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Minnetonka market, there is a total of 747,789 square feet of industrial property.

The listing inventory in Minnetonka incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Minnetonka is represented by Office space, which accounts for 910,986 square feet of available listings. Industrial space available in Minnetonka adds up to 218,212 square feet.

Meanwhile, most of the listings of commercial property for sale in Minnetonka are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Minnetonka is $16.48 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Minnetonka can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Minnetonka, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Minnetonka is in the Glen Lake neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Glen Lake area.

Meanwhile, retail space opportunities are most abundant in the Westernesse submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Glen Lake.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $23 per square foot. In particular, the property type commanding the highest lease rates in Minnetonka was Office space.

The average size of a commercial property in Minnetonka depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Minnetonka, the average size of an office property is 128,724 square feet.
Retail properties here incorporate an average of 58,210 square feet.
Industrial space in Minnetonka is in buildings that are, on average 149,558 square feet in size.

Minnetonka, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Minnetonka currently add up to 1,201,072 square feet. The market offers 25 active office listing(s), which amount to 910,986 square feet and account for 65% of commercial spaces on the market. Local retail availability includes 71,874 square feet across 8 retail space(s). Industrial space for rent opportunities in Minnetonka amount to 218,212 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	25	910,986
Retail	8	71,874
Industrial	5	218,212

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Minnetonka, MN. Currently, there is 650,105 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 1 retail investment opportunity listing(s) , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	244,324
Retail	1	12,544
Industrial	4	393,235
Other	2	2

Minnetonka, MN Commercial Real Estate for Lease and Sale

Ridgehaven Marketplace

Clearwater Corporate Center

601 Tower at Carlson

Land For Development

Walgreens

Crescent Ridge Corporate Center I

Whitewater Office Center I & II

10350 & 10380 Bren Road West

Carlson Center East II

Ridgeview Office Center

Woodside V For Sale

12400 Whitewater Drive

Minnetonka Corporate Center - 5101 Shady Oak Road

Baker Tech

Gateway

Ridgedale Drive Medical Center

Ridgedale Festival Center

Glen Lake Village

Baker Road Corporate Center - 4350 & 4400 Baker Road

Minnetonka Corporate Campus II&III

12600 Whitewater Dr Bldg

Crescent Ridge Corporate Center II

Pondview Plaza

Carlson Center

5900 Green Oak Drive

Opus 2 - Feltl Road Business Center

Frequently Asked Questions

Minnetonka, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Minnetonka, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Minnetonka, MN?

What factors affect the price of commercial real estate in Minnetonka, MN?

What is the average rent for commercial space in Minnetonka, MN?

What are the best areas for commercial real estate in Minnetonka, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Minnetonka, MN?

Minnetonka, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us