2023 Office Space Rent & Sales
- $21.35 2023 Avg. Asking Rent
- -1.79% Y-o-Y Avg. Asking Rent Change
- 17.37% 2023 Office Vacancy Rate
Eagan office price per square foot in 2023 was $21.35 on average. This marked a -1.79% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 17.37% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Minnesota Class A & A+ Office Space$31.15
- Minnesota Class B Office Space$23.44
- Minnesota Class C Office Space$26.99
Eagan, MN Office Asking Rents by Class
Office Spaces for Rent in Minnesota
Coworking Spaces in Minnesota
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2023 Office Construction in Eagan, MN
| Office building | Address | SF | Completed |
|---|---|---|---|
| 2100 Silver Bell Road | 2100 Silver Bell Road, 55122 | 19,376 | 2018 |
| Flats at Cedar Grove | 3825 Cedar Grove Pkwy, 55122 | 299,038 | 2014 |
| Boulder Lakes Business Park III | 3000 Ames Crossing Road, 55121 | 116,549 | 2007 |
| 3000 Ames Crossing Road | 3000 Ames Crossing Road, 55121 | 116,549 | 2007 |
| 1915 Plaza Drive | 1915 Plaza Drive, 55122 | 47,589 | 2005 |
| 1915 Plaza Drive | 1915 Plaza Drive, 55122 | 31,215 | 2005 |
| Waters Business Center V, VI & VII | 2955 Lone Oak Drive, 55121 | 128,077 | 2004 |
| 1515 Central Pkwy | 1515 Central Pkwy, 55121 | 88,165 | 2003 |
| 1515 Central Parkway | 1515 Central Pkwy, 55121 | 88,165 | 2003 |
| Waters Business Center III & IV | 2945 Lone Oak Drive, 55121 | 131,243 | 2000 |
Worth noting among recent office completions on the Eagan market is 2100 Silver Bell Road, which is currently the largest new office development in the city, at 19,376 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Eagan commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.