Laurel Village

Minneapolis, MN 55402
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Property Description

1242-1260 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, Alterations Express, Subway, and 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 isavailable in rear of building 
  • Area tenants: Lunds & Byerly’s, The Butcher’s Tale, Minneapolis Community College, Starbucks, Erbert & Gerbert's, Eli's Food & Cocktail’s, St. Croix Cleaners, Fast Print, Buca di Beppo Italian, Bulldog, Pizza Hut, and more

Demographics and Traffic Counts: 

  • Average Population: 1 mile - 15,087, 3 miles - 150,769 and 5 miles - 315,702
  • 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

Space Available: 

  • Suite 1242: 3,474 sf (rare 2nd generation restaurant space)
  • Suite 1258/F: 1,557 sf
  • Suite 1244/A: 3,268 sf (former chiro space)
  • 2022 CAM: $5.62 psf (includes gas) and Tax: $2.27 psf
  • Lease Rate: $19.00 psf Net