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Retail Suites in Grocery-Anchored Strip Center
For Lease
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1042 Old Minnesota Avenue, St Peter, MN 56082

Two available retail suites in a grocery-anchored strip center near Highway 169 in St. Peter.

Space Size1,800 SF - 3,000 SF
Property Size6,600 SF
Days on Market128

Property Features for 1042 Old Minnesota Avenue

General Information

Standard status Active
Size 1,800 SF - 3,000 SF
Class A
Property subtype Retail
Lease Type NNN

Site & Location

Traffic Count 25,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 6,600 SF
Year Built 2022
Tenancy Multiple

Spaces For Lease

at 1042 Old Minnesota Avenue Contact us

1800 SF

Size
1,800 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

3000 Sf

Size
3,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: KW Commercial Midwest
Listed By: James Halbur · License #40144147
Source: Crexi
Added: May 1 Changed: Aug 31 Last Checked: Sep 4 at 4:42PM

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 KW Commercial Midwest

Investment Insights

Based on property information with market context.

This for-rent retail opportunity features two available suites within a grocery-anchored strip center. Suite options include 1,800 SF and 3,000 SF, suitable for retail, service, or office use based on the property’s stated tenant flexibility.

The center is positioned along Old Minnesota Avenue and is located just off Highway 169, with the property described as providing high visibility and exposure from traffic counts reported as over 25,000 vehicles per day. The location also notes proximity to established national and local retailers, supporting everyday co-tenancy and customer flow.

Additional daytime activity is highlighted by the site’s adjacency to Hallett’s Pond and a city park with walking trails, adding foot traffic from residents, families, and recreational users for compatible, customer-facing businesses.

Key Highlights

  • Year built 2022 retail suites in a grocery‑anchored strip center in St. Peter
  • Two available suites: 1,800 SF and 3,000 SF for retail, service, or office use
  • Located just off Highway 169 with reported over 25,000 vehicles per day

Property Analytics

Current Use

New Atlantis Alternative Medicine Practice Edward Jones - Financial ... Financial Advisor The Gathering Hotel & Motel Flourishing Life Massage Alternative Medicine Practice Wild Roots Awakening ... Medical Clinic

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Storage Facility Computer & Electronic Repair Electrical Service Nail Salon

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

25,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby
99k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Groceries 27% Shops & Services 24% Hotels & Casinos 3%
McDonald's Dining
29,677 visits/mo 0.4 miles
Hy-Vee Groceries
27,313 visits/mo 0.2 miles
Speedway Shops & Services
12,760 visits/mo 0.4 miles
Caribou Coffee Dining
8,682 visits/mo 0.2 miles
Dollar General Shops & Services
8,273 visits/mo 0.3 miles

Demographics for 56082, MN

14,507
Population
5,149
Households
2.8
Avg Household Size
34
Median Age
32%
College-Educated
92%
High-School Grad
124.1 sq mi
ZIP Area
117
Density / Sq Mi
$72,332
Median Household Income
$30,904
Median Earnings
$952
Median Rent
$263,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Two available retail suites in a grocery-anchored strip center near Highway 169 in St. Peter.
Where is this strip mall located?
The property is located at 1042 Old Minnesota Avenue St Peter, MN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Year built 2022 retail suites in a grocery‑anchored strip center in St. Peter; Two available suites: 1,800 SF and 3,000 SF for retail, service, or office use; Located just off Highway 169 with reported over 25,000 vehicles per day
(507) 317-2353 Call to check price and availability
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