Plymouth, Minnesota, with its rich history and strong economy, is an ideal location for businesses looking to establish a presence in the Minneapolis-Saint Paul metropolitan area. With a population of approximately 80,000, Plymouth offers a unique blend of small-town charm and big-city amenities, making it an attractive destination for companies and individuals alike. The city's infrastructure, including Interstate 494, U.S. Highway 169, and Minnesota State Highway 55, provides easy access to major transportation routes, while its numerous amenities, such as the Park Nicollet Plymouth Clinic, WestHealth Medical Center, and French Regional Park, make it an excellent place to live and work. Additionally, Plymouth is home to several major corporations, including OneBeacon, Select Comfort, Christopher & Banks, and Tonka Water, which contribute to the local economy and provide employment opportunities. With its strong economy, excellent infrastructure, and high quality of life, Plymouth is an excellent location for businesses looking to lease commercial real estate property.
Plymouth's commercial real estate market offers a range of options for businesses, including 63 listings available for lease. With average annual rents of $18 USD per square foot, Plymouth offers a competitive pricing environment for businesses. The city's commercial real estate market is diverse, with options ranging from office space, with its average size of 10,552 square feet, to coworking space, retail space, and industrial space. For example, office space is available near the Interstate 494 corridor, while retail space can be found in the city's bustling commercial districts. Industrial space is also available, with options ranging from small warehouses to large distribution centers. With its diverse range of commercial real estate options, Plymouth is an excellent location for businesses looking to establish a presence in the Minneapolis-Saint Paul metropolitan area.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Plymouth, Minnesota, there are several key factors to consider, including:
- Location: With proximity to major transportation routes like Interstate 494, U.S. Highway 169, and Minnesota State Highway 55, and a population of around 80,000, Plymouth offers a desirable location for businesses looking to establish a presence in the Minneapolis-St. Paul metropolitan area.
- Space and amenities: With 63 available listings of commercial real estate, ranging in size from 10,552 square feet to 139,105 square feet, and an average annual rent of $18 USD per square foot, businesses can find a space that meets their needs and budget.
- Local economy and infrastructure: Plymouth is home to several major employers across various industries, including corporate headquarters, and has a strong economic landscape, making it an attractive location for businesses looking to establish a presence in the area.
How do I determine the right size and type of commercial property to rent for my business needs?
When searching for the right commercial property to rent for your business needs in Plymouth, Minnesota, it's essential to consider factors such as the size, type, and location of the property. With 63 available listings of commercial real estate for lease in Plymouth, you'll want to narrow down your options by identifying your specific business requirements.
- Assess your business needs by evaluating the average annual rent per square foot, which is currently $18 USD in Plymouth, and the average size of available properties, which is approximately 10,552 square feet. This will help you determine the right size of property for your business.
- Consider the maximum space size available, which is up to 139,105 square feet, and think about the type of property that best suits your business, such as office, retail, or industrial space.
- Location is also crucial, so think about the proximity to major transportation routes like Interstate 494, U.S. Highway 169, and Minnesota State Highway 55, as well as access to amenities like hospitals, parks, and sports facilities.
