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Office Space For Lease
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1246 Hennepin Ave, Minneapolis, MN 55403

Office space available for lease behind Laurel Village.

Space Size804 SF
Days on Market758

Property Features for 1246 Hennepin Ave

General Information

Standard status Active
Size 804 SF
Property subtype Office
Lease Type Net

Building Details

Building Size 804 SF
Tenancy Single

Spaces For Lease

at 1246 Hennepin Ave Contact us

Suite 1246

Size
804 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Colliers - Minneapolis - St. Paul, Minnesota
Listed By: Lisa Christianson · License #20313253
Source: Crexi
Added: Jul 24, 2024 Changed: Aug 19 Last Checked: Aug 20 at 9:57AM

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.

Office space is available for lease. The property is located behind Laurel Village.

Key Highlights

  • Office space for lease
  • Located behind Laurel Village

Property Analytics

Current Use

Office Spaces

Suggested Use

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

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

6,611
Businesses Nearby
Well-served
Demand for This Use

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

$17.19 /SF/Yr
Avg Asking Price
$1.67–$26 /SF/Yr
Price Range
16,797 SF
Avg Space Size

This space is priced 30% below the average of $17.19 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Office space - Office space available for lease behind Laurel Village.
Where is this office 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: Office space for lease; Located behind Laurel Village
(612) 804-4364 Call to check price and availability
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