6329 Penn Ave S, Richfield, MN 55423

Listing Agency: Minneapolis - St. Paul

Listed By: Suzanne Schefcik · License #40710646 Show Phone

Source: Colliers

Added: Nov 8 Last Checked: Sep 30 at 8:38AM

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Investment Insights

Based on property information with market context.

A 1,800-square-foot retail space is available for lease at 6329 Penn Avenue South in Richfield, Minnesota. The listing identifies one available space.

Key Highlights

• One retail space available
• 1,800 square feet

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Restaurant Grocery & Convenience Store Garden Center

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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

443

Businesses Nearby

Explore this area Business Placement

Demographics for 55423, MN

37,137

Population

16,792

Households

2.2

Avg Household Size

37

Median Age

44%

College-Educated

91%

High-School Grad

7.1 sq mi

ZIP Area

5,231

Density / Sq Mi

$84,102

Median Household Income

$52,890

Median Earnings

$1,334

Median Rent

$320,300

Median Home Value

Market

Properties on Market for Retail space in Hennepin County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - An 1,800-square-foot space is available for lease.

Where is this retail space located?

The property is located at 6329 Penn Ave S Richfield, MN.

What is the lease rate?

The lease rate is $1,800/Mo.

What are key features of this property?

This property features: One retail space available; 1,800 square feet