Loring Corners

1641 Hennepin Avenue Listing Brief

• Price of Retail Space for Lease at 1641 Hennepin Avenue

  A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

  1641 Hennepin Avenue is located in Loring Park, which is home to a total of 11 listing(s). Retail space at Loring Corners asks $21.00/SF/YR per square foot.

• Type of Retail Space for Lease at 1641 Hennepin Avenue

  In addition to retail space, the property also includes 11 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.

  For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

• Amenities and Perks of Leasing Retail Space at Loring Corners

  You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

  Knowing your ideal customer is essential. For your consideration, the average age of residents in Loring Park is 34. The average household income here is $58,895 per year.