Minnetonka, MN Commercial Real Estate for Lease and Sale

Explore 44 listings of Minnetonka commercial real estate to find the best space for your business.

Minnetonka Corporate Campus II&III

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

Office

157,496 SF
Availability

2 Spaces

7,174 SF
Year Built

1987
For Lease

$6.99 - $16.50/SF/YR
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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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Pondview Plaza

5850 Opus Pkwy, Glen Lake, Minnetonka, MN
Property

Office

122,183 SF
Availability

7 Spaces

27,310 SF
Year Built

1997
For Lease

$14.50/SF/YR
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601 Tower at Carlson

601 Carlson Pkwy, Spring Lake, Minnetonka, MN
Property

Office

283,233 SF
Availability

8 Spaces

60,293 SF
Year Built

1988
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Land
12301 Whitewater Drive

12301 Whitewater Drive, Glen Lake, Minnetonka, MN
Property

Office

66,133 SF
Availability

4 Spaces

13,167 SF
Year Built

1985
For Lease

$15.00/SF/YR
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Minnetonka OffiCenter
OffiCenters
12800 Whitewater Drive Suite 100, Hopkins, MN
Services

Open Workspace

Meeting Room

Private Office
Amenities

Bike storage

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Printer

Projector

Receptionist/Secretarial services

TV/Monitor

White boards
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Cedar Hills Shopping Center

11032 Cedar Lake Road South, Runnymeade, Minnetonka, MN
Property

Retail
Availability

2 Spaces

1,935 SF
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

4 Spaces

15,471 SF
Year Built

1984
For Lease Contact for pricing
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Carlson World Headquarters

701 Carlson Pkwy, Spring Lake, Minnetonka, MN
Property

Office

313,495 SF
Availability

6 Spaces

65,869 SF
Year Built

1988
For Lease Contact for pricing
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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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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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17501-17575 State Highway 7

17575 State Highway 7, Spring Hill Park, Minnetonka, MN
Property

Retail

120,226 SF
Availability

1 Space

25,000 SF
Year Built

1972
For Lease Contact for pricing
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Minnetonka Plaza

10201 Wayzata Boulevard, Runnymeade, Minnetonka, MN
Property

Office

36,393 SF
Availability

3 Spaces

3,097 SF
For Lease

$13.50/SF/YR
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Continental Minnetonka

10650 Red Circle Drive, Glen Lake, Hopkins, MN
Property

Office

97,482 SF
Availability

4 Spaces

56,234 SF
Year Built

1978
For Lease Contact for pricing
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Crescent Ridge Corporate Center I

11100 Wayzata Blvd, Runnymeade, Minnetonka, MN
Property

Office

272,723 SF
Availability

9 Spaces

61,348 SF
Year Built

1998
For Lease Contact for pricing
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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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The Baker Building at 6110

6110 Blue Circle Drive, Glen Lake, Minnetonka, MN
Property

Office

34,802 SF
Availability

1 Space

1,307 SF
Year Built

1975
For Lease

$15.00/SF/YR
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9800 Minnetonka Blvd

9800 Minnetonka Blvd, Runnymeade, Hopkins, MN
Property

Land
Availability Contact for availability
Year Built

1964
For Lease Contact for pricing
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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

4 Spaces

11,558 SF
Year Built

1984
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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Encore Park

11501 K-Tel Drive, Glen Lake, Minnetonka, MN
Property

Industrial

126,939 SF
Availability

2 Spaces

18,141 SF
Year Built

1978
For Lease Contact for pricing
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1809 Plymouth Road

1809 Plymouth Road, Westernesse, Minnetonka, MN
Property

Office

35,350 SF
Availability

1 Space

3,500 SF
Year Built

1977
For Lease Contact for pricing
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Gateway

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

Office

70,700 SF
Year Built

1984
For Sale Contact for pricing
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Ridgeview Office Center

13100 Wayzata Blvd, Westernesse, Minnetonka, MN
Property

Office

45,737 SF
Availability

1 Space

2,268 SF
Year Built

1983
For Lease

$18.00/SF/YR
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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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Glen Lake Village

14400 Excelsior Blvd, Glen Lake, Minnetonka, MN
Property

Retail

36,370 SF
Availability Contact for availability
Year Built

1982
For Lease Contact for pricing
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Woodside V

10590 Wayzata Boulevard | Minnetonka, Runnymeade, Minnetonka, MN
Property

Office
Availability

1 Space

13,104 SF
Year Built

1999
For Lease Contact for pricing
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5900 Green Oak Drive

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

Office

60,000 SF
Year Built

1983
For Sale

$3,995,000
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12400 Whitewater Drive

12400 Whitewater Drive, Glen Lake, Hopkins, MN
Property

Retail

64,290 SF
Availability

2 Spaces

18,569 SF
Year Built

1984
For Lease

$13.00/SF/YR
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Baker Tech

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

Office
Availability

1 Space

10,308 SF
For Lease Contact for pricing
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10801 Wayzata Blvd

10801 Wayzata Blvd, Runnymeade, Minnetonka, MN
Property

Office

41,496 SF
For Sale Contact for pricing
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Walgreens

4950 County Road 101, Tonkawood, Minnetonka, MN
Property

Retail

12,544 SF
For Sale

$7,500,000
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12600 Whitewater Dr Bldg

12600 Whitewater Dr, Glen Lake, Minnetonka, MN
Property

Office

73,000 SF
Availability

5 Spaces

106,302 SF
Year Built

1997
For Lease

$15.00 - $18.00/SF/YR
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Ridgehaven Marketplace

Plymouth Rd & I394, Westernesse, Minnetonka, MN
Property

Retail

140,418 SF
Availability

1 Space

26,210 SF
For Lease Contact for pricing
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+/- 7,750 SF For Lease in Minnetonka

6103 Blue Cir Dr, Glen Lake, Minnetonka, MN
Property

Industrial
Availability

1 Space

7,750 SF
For Lease Contact for pricing
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6026 Blue Circle Dr

6026 Blue Circle Dr, Glen Lake, Hopkins, MN
Property

Office

8,040 SF
Year Built

1975
For Sale

$1,200,000/SF
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Cedar 73 Business Center Bldg 5

2835-2845 Hedberg Drive | Minnetonka, Runnymeade, Minnetonka, MN
Property

Industrial
Availability

1 Space

3,937 SF
For Lease Contact for pricing
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3514 County Road 101

3514 County Road 101, Groveland, Wayzata, MN
Property

VacantLand

2.1 Acre
Year Built

1948
For Sale Contact for pricing
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1000 Parkers Lake Rd

1000 Parkers Lake Rd, Spring Lake, Wayzata, MN
Property

Office

20,000 SF
Availability

2 Spaces

20,000 SF
For Lease Contact for pricing
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Ridge Square North & South

12901-13059 Ridgedale Dr | Minnetonka, Westernesse, Minnetonka, MN
Property

Retail
Availability

1 Space

7,268 SF
For Lease Contact for pricing
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Office Depot Plaza

1001-1005 Plymouth Road, Westernesse, Minnetonka, MN
Property

Retail

38,430 SF
Availability

1 Space

15,000 SF
Year Built

1994
For Lease Contact for pricing
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Cedar 73 Business Center Bldg 3

2800-2814 Hedberg Drive, Runnymeade, Hopkins, MN
Property

Industrial
Availability

1 Space

3,550 SF
For Lease Contact for pricing
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Residences at 1700

1700 Plymouth Road, Westernesse, Minnetonka, MN
Property

Retail

15,830 SF
Availability

1 Space

901 SF
Year Built

2017
For Lease Contact for pricing
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Cedar Hills Shopping Center

11064 Cedar Lake Rd, Runnymeade, Minnetonka, MN
Property

Retail

12,113 SF
Availability

2 Spaces

4,795 SF
Year Built

1981
For Lease

$22.00/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 2,322,513 square feet of office space across 27 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 561,287 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 126,939 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 589,297 square feet of available listings. Retail space available in Minnetonka adds up to 101,267 square feet.

Meanwhile, most of the listings of commercial property for sale in Minnetonka are in the Office 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 $14.61 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 $18 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 96,772 square feet.
Retail properties here incorporate an average of 62,366 square feet.
Industrial space in Minnetonka is in buildings that are, on average 126,939 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 755,413 square feet. The market offers 23 active office listing(s), which amount to 607,067 square feet and account for 57% of commercial spaces on the market. Local retail availability includes 101,267 square feet across 11 retail space(s). Industrial space for rent opportunities in Minnetonka amount to 47,079 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	23	607,067
Retail	11	101,267
Industrial	5	47,079

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 192,782 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	4	180,236
Retail	1	12,544
Other	1	2

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

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