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Corner Retail Space
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2916 Hennepin Ave, Minneapolis, MN 55408

Renovated common areas, controlled building access, and adjacent public and contract parking support a highly walkable retail setting.

Property Size7,261 SF
Days on Market1296

Property Features for 2916 Hennepin Ave

General Information

Standard status Active
Size 7,261 SF
Property subtype RETAIL

Amenities

recently renovated common areas with high-end finishes
state of the art building security system
public parking and contract parking adjacent to building
Listing Agency: Hempel
Listed By: Brent A Jacobson · License #20245294
Source: Moodyscre
Added: Jan 13, 2023 Changed: Jul 31 Last Checked: Aug 1 at 8:52AM

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 Hempel

Investment Insights

Based on property information with market context.

This 7,261-square-foot retail space occupies a high-exposure corner at W Lake Street and Hennepin Ave. The building features recently renovated common areas with high-end finishes and a state-of-the-art security system.

Public parking and contract parking are adjacent to the building. The property is located just blocks from the Midtown Greenway, Lake of the Isles, Bde Maka Ska trails, beaches, and chain of lakes parks. Walk Score is 98, Transit Score is 62, and Bike Score is 98.

Key Highlights

  • 7,261 SF retail space at the corner of W Lake Street and Hennepin Ave
  • Recently renovated common areas with high‑end finishes
  • State‑of‑the‑art building security system

Property Analytics

Current Use

Dr. mayson M. ... Physician

Suggested Use

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

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

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

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Renovated common areas, controlled building access, and adjacent public and contract parking support a highly walkable retail setting.
Where is this retail space located?
The property is located at 2916 Hennepin Ave Minneapolis, MN.
What are key features of this property?
This property features: 7,261 SF retail space at the corner of W Lake Street and Hennepin Ave; Recently renovated common areas with high‑end finishes; State‑of‑the‑art building security system
(612) 355-2609 Call to check price and availability
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