Highlights
- The average rent for office space in Mendota Heights is $18.89 per square foot, 6.26% lower compared to the previous year.
- The market’s vacancy rate stands at 21.31%, higher than the state average of Minnesota, which is 16.11%.
2025 Office Space Rent & Sales
- $18.89 2025 Avg. Asking Rent
- -6.26% Y-o-Y Avg. Asking Rent Change
- 21.31% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Mendota Heights?
Average asking rents for office space here stand at $18.89 per square foot. The local office market recorded an average vacancy rate of 21.31% in 2025, unchanged from 21.31% in 2024.
Mendota Heights, MN Office Asking Rents by Class
What is the average office rent per square foot by property class in MN?
- Avg. Asking Rent Class A & A+$31.62
- Avg. Asking Rent Class B$23.93
- Avg. Asking Rent Class C$17.72
For comparison, the average rent for Class A and A+ office space in Minnesota was $31.62 per square foot. The state-wide average for Class B space was $23.93 per square foot, and Class C office spaces averaged $17.72 per square foot.
What are the largest recent office completions in Mendota Heights?
The largest recent office completion here is MSP Corporate Center I & II at 140,000 square feet, completed in 1994. The next largest completions are Mendota Office Center II and Mendota Office Center III.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Centre Pointe Business Park - 1175 Centre Pointe Circle | 1175 Centre Pointe Circle, 55120 | 30,484 | 2007 |
| Mendota Tech Workplace VI | 1180 Centre Pointe Circle, 55120 | 40,345 | 2003 |
| 1180 Centre Pointe Circle | 1180 Centre Pointe Circle, 55120 | 40,328 | 2003 |
| Mendota Office Center III | 1210 Northland Drive, 55120 | 60,000 | 2000 |
| Centre Pointe Business Park IV | 1140 Centre Pointe Drive, 55120 | 27,170 | 2000 |
| Mendota Office Center II | 1270 Northland Drive, 55120 | 90,000 | 1999 |
| Mendota Office Center I | 1250 Northland Drive, 55120 | 60,000 | 1998 |
| Centre Pointe Business Park I | 2060 Centre Pointe Blvd, 55120 | 42,600 | 1997 |
| MSP Corporate Center I & II | 1285 & 1295 Northland Drive, 55120 | 140,000 | 1994 |
| Mendota Heights Executive Center | 750 South Plaza Drive, 55120 | 34,622 | 1972 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.