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    3040 Hennepin Ave Minneapolis, MN 55403

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    For Lease
    Contact for pricing

    Retail property available for lease in Minneapolis.

    Property size:
    7,262 SF
    Lot size:
    0.28 Acres

    Property Features for 3040 Hennepin Ave

    General Information

    Size
    7,262 SF
    Lot size
    0.28 Acres

    Source: Newmark Agent Mary Burnton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Hennepin Avenue

    A retail property offering 7,262 square feet of space is available for rent. The property is located on Hennepin Avenue in Minneapolis, Minnesota.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Salon Levante Inc Hair Salon

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2986646
    Latitude
    44.9468632

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    FAQs

    What type of property is this?
    Retail property - Retail property available for lease in Minneapolis.
    Where is this retail property located?
    The property is located at 3040 Hennepin Ave Minneapolis, MN.
    What are key features of this property?
    This property features: - Retail property available for lease now.; - Located in Minneapolis.; - Property is for commercial use.
    (612) 430-9968
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    Minneapolis, MN 55403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3040 Hennepin Ave Minneapolis, MN 55403
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