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Two-Level Retail Storefront
For Lease
Contact for pricing

2941 S Hennepin Ave, Minneapolis, MN 55408

Bright main-level open floor plan with large street-facing windows and a staircase to lower retail space.

Space Size5,064 SF
Days on Market2990

Property Features for 2941 S Hennepin Ave

General Information

Standard status Active
Size 5,064 SF
Property subtype RETAIL

Site & Location

Neighborhood Calhoun Isles
Highway Access Yes

Building Details

Stories 2

Spaces For Lease

at 2941 S Hennepin Ave
National Tea Company Retail Space for Lease AVAILABLE, Now
Floor 1
Size 5,064 SF
Type RETAIL
Rate Contact for pricing
Lease Type NET_NNN
Sublease No
2941 Hennepin is a 2-level retail building on Hennepin Avenue in Uptown. The property features large, storefront windows that look out over Hennepin Avenue and across the street to the iconic Chino Latino restaurant. The main floor offers a well lit, open floor plan. In the middle is a grand staircase which leads down to the lower level retail area. The property also has restrooms and additional storage spaces in back. - Prime retail opportunity in Uptown at the intersection of West Lake Street and Hennepin Avenue - 2-level building with a bright open floor plan - Tremendous visibility; large street-facing windows and fantastic curb appeal - Possible opportunity for a rooftop patio Area Amenities - Unrivaled area amenities including hotels, executive housing, restaurants, retail and entertainment - Easy access to 94, 394 and 35W - Blocks from Uptown Transit Station and the Midtown Greenway - Near Bde Maka Ska (formerly Lake Calhoun) trails, beach and Minneapolis Chain of Lakes - Steps from popular retailers such as Apple, Target, LA Fitness, Timberland, The North Face, H&M, Urban Outfitters, Fjall Raven, Columbia Sportswear and CB2.
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Listing Agency: Element, Inc
Listed By: Aaron Meyers
Source: Moodyscre
Added: Aug 24, 2018 Changed: Oct 25 Last Checked: Oct 28 at 9:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Element, Inc

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Investment Insights

Based on property information with market context.

2941 Hennepin is a two-level retail building with large storefront windows looking out over Hennepin Avenue. The main floor features a well-lit, open floor plan, with a grand staircase leading down to the lower level retail area. Additional conveniences include restrooms and extra storage spaces in back.

The property is located on Hennepin Avenue in Uptown at the intersection with West Lake Street, with easy access to I-94, I-394, and 35W. The surrounding area includes a dense mix of hotels, restaurants, retail, and entertainment, and it is within walking distance of Uptown Transit Station and the Midtown Greenway.

The interior layout supports retail use on both levels, with prominent frontage provided by the large street-facing windows on the main floor.

Key Highlights

  • 2‑level retail building on Hennepin Avenue in Uptown
  • Bright, open main‑floor layout with large street‑facing storefront windows
  • Grand staircase connects the main floor to the lower‑level retail area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Maple Handyman Services Hardware & Home Improvement

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store HVAC Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,926
Businesses Nearby
132k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 41% Dining 34% Shops & Services 18% Beauty & Spa 3%
Cub Foods Groceries
30,982 visits/mo 0.2 miles
Lunds & Byerlys Groceries
23,584 visits/mo 0.1 miles
McDonald's Dining
16,650 visits/mo 0.0 miles
Speedway Shops & Services
14,134 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
10,300 visits/mo 0.4 miles

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Minneapolis, MN

$15.8 /SF/Yr
Avg Asking Price
$5.02–$24 /SF/Yr
Price Range
7,215 SF
Avg Space Size

Vacancy Rate% for Retail in Minneapolis, MN

5.8% 2019
6.4% 2020
5.7% 2021
4.9% 2022
4.2% 2023
3.7% 2024
4.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Bright main-level open floor plan with large street-facing windows and a staircase to lower retail space.
Where is this retail space located?
The property is located at 2941 S Hennepin Ave Minneapolis, MN.
What are key features of this property?
This property features: 2‑level retail building on Hennepin Avenue in Uptown; Bright, open main‑floor layout with large street‑facing storefront windows; Grand staircase connects the main floor to the lower‑level retail area
(612) 405-4740 · Office Call to check price and availability
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