Property Description1242-1260 Hennepin Avenue
Minneapolis, MN 55402
Status: For Lease
Property Type: Retail
Retail Space For Lease At Laurel Village On Hennepin Avenue!
Laurel Village is well located on the edge of downtown Minneapolis in the Loring Park neighborhood. There is excellent access to and from the downtown and metro area. Join co-tenants: VIP Hair & Nail Salon, Davanni’s, Strauman Youde Chiropractic, Alterations Express, Subway, New Horizon’s Academy.
Highlights and Features:
- High visibility
- High traffic counts
- Part of a mixed-use project with 750
- residential apartments (95% occupied)
- Covered contract parking for employees??
- Customer service parking available in rear of building
- Area tenants: Lunds & Byerly's, Eli's Food & Cocktails, Salon Rouge, St. Croix Cleaners, Fast Print, Buca di Beppo Italian, Butcher & The Boar, Domino's Pizza, Pizza Hut, Dunn Bros and more
Demographics and Traffic Counts:
- 2019 Average Population: 1 mile - 15,087, 3 miles - 150,769 and 5 miles - 315,702
- 2019 Average Household Income: 1 mile - $56,020, 3 miles - $53,013 and 5 miles - $57,659
- Traffic Counts: Hennepin Avenue - 34,023 vpd, N 12th St - 8,800 vpd and N 13th St - 2,150 vpd
- 1246 Hennepin Ave/Suite B: 3,947 sf
- 1258 Hennepin Ave/Suite F: 1,557 sf
- 2021 CAM: $5.79 psf (includes gas) and Tax: $2.18 psf
- Lease Rate: $19.00 psf Net