The building is located in the heart of the Hennepin Theatre District that is home to four historic and architecturally significant theaters including the Orpheum, Pantages, and State theaters. Hennepin Avenue has long served as an iconic address for other important institutions such as the 9th District Federal Reserve, the Walker Arts Center, and the Basilica of St. Mary. The Pence Building is also within walking distance to a variety of other prominent destinations including Target Field, Target Center, First Avenue and 7th Street Entry, making it a highly desired destination.