Commercial Real Estate
New Hope, MN

New Hope offers a strategic location, excellent infrastructure, and a growing local economy, making it an ideal choice for businesses seeking retail, office, or light industrial spaces. The city's diverse property options, especially along the 42nd Avenue corridor, and promising growth potential appeal to both established companies and new ventures. With its convenient access to Highway 169 and Interstate 394, and a supportive business environment just 12 miles from downtown Minneapolis, New Hope continues to attract a variety of industries. Modern CRE is dedicated to helping you explore the commercial real estate opportunities available in this city.

New Hope Commercial Real Estate Quick Facts & Stats

Located in Hennepin County, New Hope is home to approximately 21,000 residents, with a median household income of $71,300. Known for its suburban charm and vibrant community:

  • The city features 18 parks covering over 200 acres, including the popular Begin Park and Hidden Valley Park, providing year-round recreational opportunities

  • Key business sectors include Retail, Healthcare, Light Manufacturing, and Professional Services

  • Major employers include Independent School District 281, Hy-Vee, and YMCA

  • New Hope boasts a stable job market with an unemployment rate of approximately 3.2%

  • The city offers excellent transportation access via Highway 169, County Road 9, and easy connections to Interstate 394

  • The New Hope Aquatic Park serves as a regional summer attraction, drawing visitors from across the Twin Cities

  • New Hope features the Crystal Airport on its northern border, supporting general aviation needs

 

Business Parks & Office Space in New Hope

New Hope offers a dynamic business environment with a variety of commercial zones. Key locations include:

  • MidAmerica Financial Plaza

  • Parkway Business Center

  • Village on Quebec

  • Parkside Industrial

Industrial & Warehouse Space in New Hope

Industrial and warehouse spaces in New Hope offer prime locations and modern amenities to meet various business needs. Here are some options available:

  • 7100 Medicine Lake Rd

  • New Hope Distribution Center

  • 4948 Winnetka Avenue N

  • 8801 Research Center Road East

Comprehensive Commercial Real Estate Services in New Hope

We provide full-service commercial real estate support and expertise to help your business excel, including:

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