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Walmart Supercenter Outparcel Retail
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1004 18th Ave NW, Austin, MN 55912

Retail storefront on an outparcel of a high-traffic Walmart Supercenter.

Space Size1,800 SF
Days on Market211

Property Features for 1004 18th Ave NW

General Information

Standard status Active
Size 1,800 SF
Property subtype RETAIL

Spaces For Lease

at 1004 18th Ave NW
AT&T Sublease $17.50/SF/Yr
Floor 1
Size 1,800 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease Yes
This property is an outparcel of a high-traffic Walmart Supercenter Located approximately 1 mile from the Hormel Food Plant, which employs around 1,800 people The surrounding trade area is very dense, with over 850,000 square feet for retail space within a half-mile radius Located 41 miles from Rochester, MN, home to Mayo Clinic Located around an hour and a half from the Minneapolis-St. Paul Metro
Contact us
Listing Agency: Upland Real Estate Group, Inc
Listed By: Chad Sturm · License #20070429
Source: Moodyscre
Added: Mar 25 Changed: Oct 15 Last Checked: Oct 21 at 12:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Upland Real Estate Group, Inc

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Investment Insights

Based on property information with market context.

This retail storefront is located as an outparcel of a high-traffic Walmart Supercenter. The surrounding trade area is very dense, with over 850,000 square feet of retail space within a half-mile radius.

The property is approximately 1 mile from the Hormel Food Plant, which employs around 1,800 people. The location is also about 41 miles from Rochester, MN, home to Mayo Clinic, and roughly an hour and a half from the Minneapolis–St. Paul Metro.

Key Highlights

  • Retail storefront located on an outparcel of a high‑traffic Walmart Supercenter
  • Approximately 1 mile from the Hormel Food Plant (employs around 1,800 people)
  • Dense surrounding trade area with over 850,000 SF of retail space within a half‑mile radius

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby
238k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Superstores 22% Groceries 14% Shops & Services 10%
Walmart Superstores
53,092 visits/mo 0.3 miles
Hy-Vee Groceries
34,035 visits/mo 0.2 miles
Culver's Dining
19,933 visits/mo 0.1 miles
Runnings Apparel
19,830 visits/mo 0.4 miles
McDonald's Dining
14,263 visits/mo 0.5 miles

Demographics for 55912, MN

29,718
Population
12,443
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
188.0 sq mi
ZIP Area
158
Density / Sq Mi
$68,205
Median Household Income
$43,937
Median Earnings
$864
Median Rent
$161,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront on an outparcel of a high-traffic Walmart Supercenter.
Where is this storefront property located?
The property is located at 1004 18th Ave NW Austin, MN.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Retail storefront located on an outparcel of a high‑traffic Walmart Supercenter; Approximately 1 mile from the Hormel Food Plant (employs around 1,800 people); Dense surrounding trade area with over 850,000 SF of retail space within a half‑mile radius
(612) 436-1122 Call to check price and availability
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