6417 Penn Ave S, Richfield MN 55423 — Lease in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Minneapolis, MN 55423
  • Size: 6,691 SF
  • Year built: 1946

Photos

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Description

This exceptional industrial property at 6417 Ave S in Richfield, Minnesota, offers an ideal space for trades contractors, small manufacturing companies, or businesses seeking a versatile and well-located facility. The property boasts four heated drive-in bays, providing convenient access for loading, unloading, and storage. A dedicated office area within the unit provides essential administrative space, complemented by a private bathroom. Six-foot French entry doors enhance the professional appearance and accessibility of the space. The building also features street-level office space, currently partially leased. However, space is available for an owner-occupant, presenting a unique opportunity to combine business operations within a single location. This flexibility makes the property suitable for businesses of varying sizes and needs. Key Features: Three Heated Drive-In Bays: Perfect for easy access and efficient material handling. Dedicated Office Space: Provides a professional environment for administrative tasks. Private Bathroom: Convenient for employees and visitors. Six-Foot French Entry Doors: Enhance accessibility and create a welcoming entrance. Street-Level Office Space (Partially Leased, Space Available for Owner-Occupant): Offers flexibility for businesses needing both industrial and office components. High Traffic Counts and Strong Demographics: Benefit from excellent visibility and a robust customer base. Proximity to National Tenants: Located in a desirable trade area alongside established national brands, creating a synergistic business environment. Excellent Transit Access: Convenient access to public transportation options. Close Proximity to Major Highways: Easy access to major transportation arteries for efficient distribution and commuting. Building SF: 6691 | Land Size: 0.34 Ac | Year Built: 1946 | Listing Type: FOR LEASE

Market Context

This industrial in Minneapolis, MN is listed for lease across 6,691 SF. The building dates to 1946. Compare it against other industrial listings for lease in Minneapolis, MN — view the full market.

As of Q2 2026, the Minneapolis industrial market showed average asking rents near $8.62/SF/yr. Source: multiple brokerage reports, Q2 2026.

Estimated Market Rate

$0.62/SF/mo – $0.87/SF/mo

Mid: $0.74/SF/mo

Estimated total for 6,691 SF: $4,951 per month

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