Office Space Near Loring
For Lease
Contact for pricing
1601 Hennepin Ave, Minneapolis, MN 55403
Office space with brick & timber ambience, great location.
Space Size5,700 SF
Property Size17,088 SF
Days on Market682
Property Features for 1601 Hennepin Ave
General Information
Standard status
Active
Size
5,700 SF
Property subtype
Office
Lease Type
Net
Building Details
Building Size
17,088 SF
Tenancy
Multiple
Spaces For Lease
at 1601 Hennepin Ave Contact us- Size
- 5,700 SF
- Type
- Office
- Lease Type
- Net
- Availability
- Active
Available Space
Listing Agency:
Kenwood Commercial
(612) 240-7967
Listed By:
Nils Snyder · License #MN
Source:
Crexi
Added: Oct 10, 2024
Changed: Aug 21
Last Checked: Aug 20 at 9:51PM
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 Kenwood Commercial
Investment Insights
Based on property information with market context.
This office space is located adjacent to Loring Park and the Minneapolis Sculpture Garden. The property features a brick and timber/loft ambience. Its location provides access to the Central Business District, the Loring Park neighborhood, and Uptown. There is easy access to I-94 and I-394. The property is close to entertainment venues, sports arenas, art centers, and green spaces. It is near access points to the Cedar Lake Bike Trail. The location offers high visibility and pedestrian traffic at the Hennepin and I-394 traffic intersection. A parking lot is located on the corner of Maple St and Harmon Place, with additional parking available in the Minneapolis College Parking Ramp across Hennepin Ave from the property.
Key Highlights
- Adjacent to Loring Park and Minneapolis Sculpture Garden
- Great location for access to Central Business District, Loring Park neighborhood, and Uptown
- Easy access to I‑94 and I‑394
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,482
Businesses Nearby
Explore this area
Business Placement
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
$16.08 /SF/Yr
Avg Asking Price
$1.67–$26 /SF/Yr
Price Range
7,901 SF
Avg Space Size
This space is priced 13% below the average of $16.08 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office space with brick & timber ambience, great location.
Where is this office units located?
The property is located at 1601 Hennepin Ave Minneapolis, MN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Adjacent to Loring Park and Minneapolis Sculpture Garden; Great location for access to Central Business District, Loring Park neighborhood, and Uptown; Easy access to I‑94 and I‑394
