1809-1859 Adams St - Storefront FOR SALE


Mankato, MN 56001- East Mankato
$9,950,000 USD
507-345-1599
1809-1859 Adams St, Mankato, MN for Sale
$9,950,000 USD
Storefront - FOR SALE
1/4
null | 7.22% Cap Rate

1809-1859 Adams St
Mankato, MN 56001
East Mankato


OVERVIEW

Anchored by Planet Fitness, this is one of the busiest (if not the busiest) retail centers in Mankato. It is located directly across the street from River Hills Mall which draws shoppers from as far as northern Iowa. There are a total of 9 different tenants in the 47,000 SF center. Other neighborhood tenants include Best Buy, Wing Stop and (coming soon) Chick Fil A.

FOR SALE DETAILS

PRICE

$9,950,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

7.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Place Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

193

LAND DETAILS

LAND ACRES

3.59 AC

LAND SF

156,380 SF

ZONING

B2 General Business

APN/PARCEL ID

R01-09-09-477-003

ASK ABOUT THIS PROPERTY

Jon KietzerLandmark Real EstateMore Info
507-345-1599

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Jon KietzerLandmark Real EstateMore Info
507-345-1599

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.