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    404 Schilling Dr N Northfield, MN

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    For Lease
    $11 SF/Yr ($3,666 /Mo)

    Retail space available in a busy shopping center.

    Property size:
    4,000 SF
    Lot size:
    10.45 Acres

    Property Features for 404 Schilling Dr N

    General Information

    Size
    4,000 SF
    Lot size
    10.45 Acres

    Source: Wakota Commercial Advisors Agent Jeff Houge

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Cannon Valley

    Located on the Highway 3 Retail Corridor between Northfield and Faribault, MN, the Cannon Valley Shopping Center offers retail space for rent. MGM is willing to give up 1,500 to 4,000 square feet of their endcap position in the shopping center. The location on the heavily traveled Highway 3 corridor is suitable for retailers looking to capitalize on an expanding market. Neighboring retailers include Menard’s, Aldi, Dollar Tree, Target, CVS, Cub Foods, McDonald’s, Arby’s and a Kwik Trip that is soon to be built.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Similar Places Nearby

    Northfield Information Kiosk, River Park Mall, Shoppes at Westside Plaza, The Shops at 314 Division

    Map

    City
    Northfield
    County
    Rice
    State
    Minnesota
    Longitude
    -93.161604
    Latitude
    44.4582983

    Nearby Similar for Lease

    • Contact for pricing
      6,400 SF

      Retail Store with Bay Doors

      6,400 SF retail space with 8 bay doors.
      1470 Clinton Ln, Northfield, MN 55057
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy shopping center.
    Where is this shopping center located?
    The property is located at 404 Schilling Dr N Northfield, MN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Highway 3 Retail Corridor between Northfield and Faribault, MN.; - Opportunity to lease **1,500 - 4,000 sf of endcap space** from MGM.; - Located in an expanding market.
    (612) 490-5551
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    404 Schilling Dr N Northfield, MN
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    404 Schilling Dr N Northfield, MN
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