New Hope, MN Commercial Real Estate for Lease - 14 Listings

Timberland Business Center

4920-4930 Highway 169 North, New Hope, MN
Property

Industrial

52,089 SF
Availability

2 Spaces

3,438 SF
Year Built

1978
For Lease

$7.00 - $10.95/SF/YR
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MidAmerica Financial Plaza

9220 Bass Lake Road, New Hope, MN
Property

Office

109,704 SF
Availability

13 Spaces

54,230 SF
Year Built

1973
For Lease

$12.00 - $18.00/SF/YR
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New Hope Distribution Center

5147 - 5175 Winnetka Avenue, New Hope, MN
Property

Industrial

193,200 SF
Availability

1 Space

32,600 SF
Year Built

1978
For Lease Contact for pricing
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5100 U.S. 169

5100 U.S. 169, New Hope, MN
Property

Industrial

19,300 SF
Availability

1 Space

19,300 SF
For Lease Contact for pricing
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Midland Shopping Center

2751 Winnetka Avenue North, New Hope, MN
Property

Retail

50,000 SF
Availability

2 Spaces

2,810 SF
Year Built

1961
For Lease Contact for pricing
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Winnetka Commons

3520 - 3566 Winnetka Ave N, New Hope, MN
Property

Retail
Availability

1 Space

2,020 SF
For Lease Contact for pricing
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2738 Winnetka Ave N

2738 Winnetka Ave N, New Hope, Minneapolis, MN
Property

Office

15,000 SF
Availability Contact for availability
Year Built

1974
For Lease Contact for pricing
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Village on Quebec

7520 42nd Ave N, New Hope, Minneapolis, MN
Property

Retail

16,834 SF
Availability

4 Spaces

7,200 SF
Year Built

2006
For Lease Contact for pricing
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4948 Winnetka Avenue N, New Hope, MN 55428

4948 Winnetka Ave N, New Hope, Minneapolis, MN
Property

Industrial
Availability

1 Space

81,597 SF
For Lease Contact for pricing
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4550 Quebec Avenue North

4550 Quebec Avenue North, New Hope, Minneapolis, MN
Property

Industrial

16,600 SF
Availability

1 Space

16,600 SF
For Lease

$6.00 - $12.00/SF/YR
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8801 Research Center Road East

8801 Research Center Road East, New Hope, Minneapolis, MN
Property

Industrial

25,533 SF
Availability

1 Space

1,832 SF
Year Built

1974
For Lease Contact for pricing
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7100 Medicine Lake Rd

7100 Medicine Lake Road, New Hope, MN
Property

Industrial

32,806 SF
Availability

1 Space

32,806 SF
Year Built

1963
For Lease Contact for pricing
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Parkside Industrial

7300 49th Ave N, New Hope, MN
Property

Industrial

120,400 SF
Availability

1 Space

40,000 SF
Year Built

1997
For Lease

$6.50/SF/YR
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Caribou Corner

9400 36th Ave N, New Hope, Minneapolis, MN
Property

Retail

22,000 SF
Availability

1 Space

983 SF
Year Built

1972
For Lease Contact for pricing
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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 New Hope commercial real estate market incorporates 124,704 square feet of office space across 3 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 New Hope commercial real estate market includes 72,000 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 New Hope market, there is a total of 687,983 square feet of industrial property.

The listing inventory in New Hope 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 New Hope is represented by Industrial space, which accounts for 186,576 square feet of available listings. Office space available in New Hope adds up to 54,230 square feet.

Meanwhile, most of the listings of commercial property for sale in New Hope 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 New Hope is $15.38 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 New Hope 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 New Hope, depending on the property type you are interested in.

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 $18 per square foot. In particular, the property type commanding the highest lease rates in New Hope was Office space.

The average size of a commercial property in New Hope 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 New Hope, the average size of an office property is 62,352 square feet.
Retail properties here incorporate an average of 36,000 square feet.
Industrial space in New Hope is in buildings that are, on average 57,332 square feet in size.

New Hope, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in New Hope currently add up to 246,619 square feet. The market offers 3 active office listing(s), which amount to 54,230 square feet and account for 21% of commercial spaces on the market. Local retail availability includes 5,813 square feet across 3 retail space(s). Industrial space for rent opportunities in New Hope amount to 186,576 square feet across a total of 8 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	3	54,230
Retail	3	5,813
Industrial	8	186,576

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 New Hope, MN. Currently, there is 107,655 square feet of commercial property for sale here , which includes 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Industrial	4	107,655

New Hope, MN Commercial Real Estate for Lease - 14 Listings

Timberland Business Center

MidAmerica Financial Plaza

New Hope Distribution Center

5100 U.S. 169

Midland Shopping Center

Winnetka Commons

2738 Winnetka Ave N

Village on Quebec

4948 Winnetka Avenue N, New Hope, MN 55428

4550 Quebec Avenue North

8801 Research Center Road East

7100 Medicine Lake Rd

Parkside Industrial

Caribou Corner

Frequently Asked Questions

New Hope, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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New Hope, MN Commercial Real Estate for Lease - 14 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

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

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

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

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

New Hope, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us