Retail/Restaurant Space For
For Lease
Contact for pricing
1242 Hennepin Ave, Minneapolis, MN 55403
Retail and restaurant spaces available for lease.
Space Size1,024 SF - 3,474 SF
Property Size13,270 SF
Days on Market1195
Property Features for 1242 Hennepin Ave
General Information
Standard status
Active
Size
1,024 SF - 3,474 SF
Property subtype
Retail, Restaurant
Lease Type
Net
Building Details
Building Size
13,270 SF
Tenancy
Multiple
Spaces For Lease
at 1242 Hennepin Ave Contact us- Size
- 3,474 SF
- Type
- Retail
- Lease Type
- Net
- Availability
- Active
Suite 1242
- Size
- 3,268 SF
- Type
- Retail
- Lease Type
- Net
- Availability
- Active
Suite 1244/A
- Size
- 1,024 SF
- Type
- Retail
- Lease Type
- Net
- Availability
- Active
Suite 1256/E
- Size
- 1,557 SF
- Type
- Retail
- Lease Type
- Net
- Availability
- Active
Suite 1258/F
Listing Agency:
Colliers - Minneapolis - St. Paul, Minnesota
Listed By:
Marilyn Fritze · License #40191437
(612) 804-4364
Source:
Crexi
Added: May 31, 2023
Changed: Aug 25
Last Checked: Sep 1 at 9:48AM
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 Colliers - Minneapolis - St. Paul, Minnesota
Investment Insights
Based on property information with market context.
This property offers retail and restaurant spaces for lease, ranging in size from approximately 1,024 square feet to 6,742 square feet.
Key Highlights
- Retail/Restaurant Space Available
- Flexible Size: 1,024 SF to 6,742 SF
- Space For Lease
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,611
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 75%
Dining 18%
Shops & Services 7%
Embassy Suites By Hilton Minneapolis Downtown
Hotels & Casinos
22,460 visits/mo
0.5 miles
Hampton Inn & Suites Minneapolis/Downtown
Hotels & Casinos
10,010 visits/mo
0.3 miles
Pizza Hut
Dining
5,770 visits/mo
0.1 miles
DoubleTree Suites by Hilton Minneapolis Downtown
Hotels & Casinos
4,026 visits/mo
0.3 miles
Firestone Complete Auto Care
Shops & Services
3,577 visits/mo
0.1 miles
Demographics for 55403, MN
17,707
Population
12,906
Households
1.4
Avg Household Size
35
Median Age
59%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
12,648
Density / Sq Mi
$59,928
Median Household Income
$50,876
Median Earnings
$1,199
Median Rent
$285,200
Median Home Value
Market
Lease Benchmarks for Minneapolis, MN
$16.25 /SF/Yr
Avg Asking Price
$11–$24 /SF/Yr
Price Range
8,872 SF
Avg Space Size
This space is priced 17% above the average of $16.25 /SF/Yr.
Vacancy Rate% for Retail in Minneapolis, MN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Retail and restaurant spaces available for lease.
Where is this retail property located?
The property is located at 1242 Hennepin Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Retail/Restaurant Space Available; Flexible Size: **1,024 SF to 6,742 SF**; Space For Lease
