Approximately 13,758 SF Retail Space For Lease

1100 Hennepin Avenue Minneapolis, MN 55403

1100 Hennepin Avenue, Minneapolis, MN, 55403
1100 Hennepin Avenue, Minneapolis, MN, 55403
Property Type:
Street Retail
Please Call Broker for Price

Cap Rate:
Last Verified:
Apr 12, 2024
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Approximately 13,758 SF Retail Space For Lease HIGHLIGHTS AND FEATURES: • Join co-tenants VIP Hair & Nail Salon, Alterations Express, Subway, and New Horizon Academy • Highly visible corner • Building signage on both Hennepin Avenue and 11th Street • Part of a mixed-use project with 727 residential apartments • Easy access to I-394, I-94 and I-35 • Walk Score: 96 • Transit Score: 82 • Bike Score: 91 DEMOGRAPHICS AND TRAFFIC COUNTS: • Average Population: 1 mile - 15,453, 3 miles - 150,107 and 5 miles - 315,996 • Average Household Income: 1 mile - $54,158, 3 miles - $52,828 and 5 miles - $57,432 • Hennepin Avenue - 15,000 VPD, N 12th St - 9,900 VPD, and N 13th St - 9,400 VPD SPACE AVAILABLE: • 13,758 square feet (approximately) • 2024 CAM: $6.84 psf and Tax: $1.67 psf • Lease Rate: Negotiable • Exclusive free parking spaces: 40 (approx.) • Column Spacing: 28’ • Ceiling Height: 11’ 3” • Loading area with a dock door • Box bailer • Storefront on Hennepin Avenue: 188 sf (approx.) • Storefront on 11th St N: 95 sf (approx.) • Illuminated building signage available on Hennepin Avenue and 11th Street N

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.