Minnetonka, MN Commercial Real Estate Market Overview: Key Trends & Insights
Minnetonka has 835,204 square feet of commercial real estate inventory as of 2026. This inventory is distributed across nearly 100 properties.
This overview provides a snapshot of the Minnetonka commercial sector, highlighting the most important aspects and trends to guide you through the local landscape, whether you are looking to lease or invest in local CRE assets.
Commercial Space for Rent in Minnetonka, MN
Based on the latest estimates, Minnetonka, MN offers almost 100 commercial listings for lease, totaling about 835,204 square feet.
Current leasing options comprise 24 office listings, which represent approximately 57.14% out of the total leasing inventory.
There are also 7 industrial and warehouse listings, making up 16.67% of the total.
Additionally, 11 retail listings make up 26.19% of the local leasing market.
These types are supplemented by 2 listings for lease belonging to other commercial types.
Property type
No. of Listings
Total Sq. Ft.
Avg. Asking Rent
Office
24
2,388,329
$25.45
Retail
11
390,361
N/A
Industrial
7
23,255
N/A
Other
2
23,000
N/A
Commercial Real Estate for Sale in Minnetonka, MN
As of 2026, Minnetonka, MN has a total of 2 commercial real estate properties for sale.
This inventory includes 2 office assets.
The largest share is held by Office, with 100.00% out of local properties for sale belonging to this asset type.
Leading Commercial Real Estate Submarkets by Property Type in Minnetonka, MN
The leading commercial real estate submarkets for different property types in Minnetonka are:
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Office: Glen Lake with 50 office listings, totaling 445,714 square feet.
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Industrial: Westernesse with 3 industrial listings, totaling 82,085 square feet.
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Retail: Westernesse with 4 retail listings, totaling 13,706 square feet.
111 Cheshire Lane | Minnetonka, Westernesse, Minnetonka, MN