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    1246 Hennepin Ave Minneapolis, MN 55403

    Sponsored
    For Lease
    $12 SF/Yr ($804 /Mo)

    804 SF Executive Suite - Available Now

    Lot size:
    804 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 804-square-foot executive office suite is ideally located at 1246 Hennepin Avenue in Minneapolis, Minnesota, within Hennepin County. The property is a single-tenant space, offering complete privacy and control. The entire 804 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a move-in ready, modern workspace. The property type is classified as an office building, specifically designed for executive use, ensuring a professional and efficient environment. The address is conveniently situated in the vibrant Minneapolis area, offering easy access to major transportation routes and a wealth of amenities. The zip code is 55403. This single-tenant occupancy provides a streamlined and efficient workflow, eliminating the complexities of shared spaces. The property's location in Hennepin County, Minnesota, offers access to a strong business community and a diverse workforce. This is a fantastic opportunity for a business seeking a high-quality, conveniently located executive office space in a thriving urban setting. The property is available for lease and offers a blank canvas for your business to flourish. The geographic coordinates are 44.9747274 latitude and -93.2810549 longitude. This fully vacant space allows for complete customization to suit your specific business needs.

    Property Features for 1246 Hennepin Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    804 SF
    Total Rate
    804

    Unit(s) available at that property

    Space
    Suite 1246
    Size
    804 SF
    Rate per SF
    $12

    HighLights

    • 804 SF executive suite available for lease at 1246 Hennepin Ave, Minneapolis, MN 55403.
    • Located in a mixed‑use building with 727 apartment units and co‑tenants including VIP Hair & Nail Salon, Subway, and New Horizon Academy.
    • Covered employee parking and free customer parking available.
    • Excellent access to I‑394, I‑94, and I‑35.
    • Fully vacant and ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2810549
    Latitude
    44.9747274

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    FAQs

    What type of property is this?
    Office Property / Space - 804 SF Executive Suite - Available Now
    Where is this office property / space located?
    The property is located at 1246 Hennepin Ave Minneapolis, MN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 804 SF executive suite available for lease at 1246 Hennepin Ave, Minneapolis, MN 55403.; Located in a mixed-use building with 727 apartment units and co-tenants including VIP Hair & Nail Salon, Subway, and New Horizon Academy.; Covered employee parking and free customer parking available.
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    1246 Hennepin Ave Minneapolis, MN 55403
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    Minneapolis, MN 55403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1246 Hennepin Ave Minneapolis, MN 55403
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