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Mixed-Use Retail Development
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455 Central Ave SE, Minneapolis, MN 55414

New 2023 construction retail within a mixed-use setting, positioned directly on the Metro Transit line at Hennepin Avenue East.

Space Size839 SF - 921 SF
Days on Market205

Property Features for 455 Central Ave SE

General Information

Standard status Active
Size 839 SF - 921 SF
Property subtype Retail

Building Details

Year Built 2023

Spaces For Lease

at 455 Central Ave SE Contact us

839 SF (Suite B)

Size 839 SF
Term Negotiable
Rate Contact for pricing
Contact us

921 SF (Suite C)

Size 921 SF
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Andrew Klohn
Source: Midamericagrp
Added: Apr 1 Changed: Oct 10 Last Checked: Oct 20 at 5:20PM

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 Mid-America Real Estate-Minnesota LLC

Rey
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Investment Insights

Based on property information with market context.

HenCen Retail is a retail offering within a high-end, mixed-use development constructed in 2023. The property is designed around a pedestrian-friendly urban environment intended to serve neighborhood retail and dining needs.

The development is positioned at the crossroads of Hennepin and Central Avenue in the heart of Northeast Minneapolis. It also sits directly on the Metro Transit line at Hennepin Avenue East and 5th Street SE, supporting convenient transit access for customers arriving on foot or by transit.

Key Highlights

  • New 2023 construction retail within a mixed‑use development
  • Located at the crossroads of Hennepin and Central Avenue in Northeast Minneapolis
  • Directly on the Metro Transit line at Hennepin Avenue East and 5th Street SE

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Electrical Service Veterinary Clinic

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

4,227
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 93% Hotels & Casinos 7%
McDonald's Dining
20,851 visits/mo 0.4 miles
Buffalo Wild Wings Dining
14,539 visits/mo 0.1 miles
Potbelly Sandwich Shop Dining
6,711 visits/mo 0.5 miles
Days Hotel by Wyndham University Ave SE Hotels & Casinos
4,019 visits/mo 0.3 miles
Qdoba Mexican Grill Dining
2,570 visits/mo 0.5 miles

Demographics for 55414, MN

36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
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
7,282 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 - New 2023 construction retail within a mixed-use setting, positioned directly on the Metro Transit line at Hennepin Avenue East.
Where is this retail space located?
The property is located at 455 Central Ave SE Minneapolis, MN.
What are key features of this property?
This property features: New 2023 construction retail within a mixed‑use development; Located at the crossroads of Hennepin and Central Avenue in Northeast Minneapolis; Directly on the Metro Transit line at Hennepin Avenue East and 5th Street SE
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