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New-Construction Retail Space
For Lease
$30 SF/Yr NNN (Triple Net)

101-242 Belgrade Ave, North Mankato, MN 56003

White-box delivery allows tenant-designed retail, office, or service-oriented interior planning.

Space SizeContact for details
Days on Market12

Property Features for 101-242 Belgrade Ave

General Information

Standard status Active
Lease Type NNN

Space & Availability

Space Use Office
Condition White Box

Lease Terms

Lease Rate $30 /USD/SF/YR
Rent per SF/Year $30

Taxes and HOA fees

Annual Taxes $6,239
Listing Agency: Keller Williams Premier Realty
Listed By: Shawna L. Wolfe · License #20215401
Source: Exprealty
Added: Jul 31 Changed: Aug 8 Last Checked: Aug 10 at 8:59AM

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 Keller Williams Premier Realty

Investment Insights

Based on property information with market context.

Brand-new retail space at 101-242 Belgrade Ave is offered in white-box condition, giving the incoming tenant a clean starting point for interior construction. The premises can be planned for retail, office, or service-based use, subject to the applicable buildout and lease requirements.

The property is located in North Mankato on Belgrade Avenue. Lease structure is NNN, with the tenant responsible for utilities, pro-rata property taxes, insurance, and CAM. Tenant buildout is not included, allowing the interior configuration to be developed around the selected business use.

Key Highlights

  • Brand‑new construction at 101‑242 Belgrade Ave
  • White‑box delivery provides a clean shell for tenant construction
  • Interior may be configured for retail, office, or service‑based use

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Barber Shop Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,577
Businesses Nearby

Demographics for 56003, MN

15,221
Population
6,543
Households
2.3
Avg Household Size
38
Median Age
43%
College-Educated
98%
High-School Grad
44.0 sq mi
ZIP Area
346
Density / Sq Mi
$80,587
Median Household Income
$46,544
Median Earnings
$920
Median Rent
$260,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - White-box delivery allows tenant-designed retail, office, or service-oriented interior planning.
Where is this retail space located?
The property is located at 101-242 Belgrade Ave North Mankato, MN.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Brand‑new construction at 101‑242 Belgrade Ave; White‑box delivery provides a clean shell for tenant construction; Interior may be configured for retail, office, or service‑based use
More about this property
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