Edina, MN
Commercial Real Estate Market Trends & Data

$179 Avg asking sale price
$19 Avg asking lease rate
9,653 SF Avg unit lease size
20,496 SF Avg building size for sale
5.74% Average cap rate

Edina's Demographic Profile

Edina has 22,590 households and a median income of $114,778, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 54,162
# Households 22,590
Median age 45
Median household income $114,778
Avg household size 2.0
Renter-occupied housing units 7,261
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Edina, MN

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Retail Markets Avg Cost/SF Typical Size
Edina $339 19,894 SF
Saint Louis Park $539 8,966 SF
Richfield $490 74,844 SF
Minnetonka $531 13,023 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Edina $310 13,453 SF 6.84%
Saint Louis Park $539 13,740 SF 5.30%
Bloomington $326 9,537 SF 5.09%
Minneapolis $182 27,038 SF 11.35%

Commercial Properties For Sale in Edina

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

The Loon

Hopkins, MN 55343

  • 21,000 SF Multifamily
  • 6.84% Cap Rate
  • $1,350,000
For Sale

4970-4980 Lincoln Dr

Minneapolis, MN 55436

  • 4,276 SF Office Building
  • $599,900
For Sale

7300 France Ave S

Edina, MN 55435

  • 45,420 SF Office Building
  • $510,000
For Sale

637 S 12th Ave

Hopkins, MN 55343

  • 12,648 SF Flex Building
  • $1,400,000
For Sale

Office Golf

Bloomington, MN 55439

  • 42,303 SF Office Building
  • $5,900,000
For Sale

Trader Joe's

Saint Louis Park, MN 55416

  • 108,600 SF Multifamily
  • 5.30% Cap Rate
  • $7,400,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Exit Cap Rates in Commercial Real Estate
Exit Cap Rates in Commercial Real Estate
Understanding Exit Cap Rates and Terminal Cap Rates for Better Investment Returns
Types of Retail Properties
Types of Retail Properties
Understanding Retail Property Categories and Their Investment Potential
Debt Service Coverage Ratio (DSCR) Calculator
Debt Service Coverage Ratio (DSCR) Calculator
Assess Your Investment's Health in Seconds
Qualified Improvement Property: Tax Rules for CRE Investors
Qualified Improvement Property: Tax Rules for CRE Investors
Understand how QIP's 15-year recovery period and bonus depreciation eligibility can accelerate cost recovery on commercial property improvements.
Sales Comparison Approach
Sales Comparison Approach
Learn how to use market data to make confident property investment decisions
Modular Drive-Thrus: Costs and Configurations
Modular Drive-Thrus: Costs and Configurations
Save on Time, Construction and Labor Costs
Property Title Search
Property Title Search
Learn how to verify ownership, spot red flags, and protect your deal with a thorough property title search.
The 'Pet Clause' for Office Leases
The 'Pet Clause' for Office Leases
Lease Language for Landlords and Tenants

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Edina pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Edina $179 20,496 SF
Saint Louis Park $174 10,347 SF
Hopkins $218 12,325 SF
Richfield $232 48,005 SF
Minnetonka $281 17,442 SF

Multifamily Properties For Sale in Edina

For Sale

Trader Joe's

Saint Louis Park, MN 55416

  • 108,600 SF Multifamily
  • 5.30% Cap Rate
  • $7,400,000

Regional Demographic Comparison

This comparison places Edina alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Edina or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Saint Louis Park 48,298 23,120 37 $90,341 2 10,780 -2%
Hopkins 18,396 8,715 38 $63,163 2 5,675 -2%
Richfield 35,351 15,062 39 $74,525 2 6,083 -2%
Minnetonka 54,022 23,820 45 $111,544 2 7,684 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Edina, MN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Edina

View All Commercial Real Estate For Sale in Edina
Is Edina a good market for a first-time commercial real estate investor?

Edina offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Edina?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Edina. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Edina?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Edina. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Edina compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Edina. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Edina acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Edina, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends