Prime Retail Pads
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Hwy 14 & N Victory Dr, Mankato, MN
New retail development with drive-thru, available Summer 2025.
Space Size7,500 SF
Lot Size12.96 Acres
Days on Market906
Property Features for Hwy 14 & N Victory Dr
General Information
Standard status
Active
Size
7,500 SF
Lot size
12.96 Acres
Property subtype
RETAIL
Spaces For Lease
at Hwy 14 & N Victory Dr
Victory Place - Pad 2
AVAILABLE, Completion
Floor
1
Size
7,500 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
New Development
Prime Retail Position
Victory Place
NEQ of Hwy 14 + N Victory Dr
Mankato, MN
Overview:
• Land Size: 60,719 SF
• Zoning: Commercial
• Delivery Date: Summer 2025
Availability:
• Pad 1: Proposed National Coffee
• Pad 2: 7,500 sq. ft. (divisible) w/
drive-thru
• Pad 3: 7,500 sq. ft. For Sale or
Ground Lease | BTS
Highlights:
• Prominently positioned between two
critical pathways: Hwy 14 & Hwy 22
• Direct access off of Hwy 14
• North Victory Drive is a highly
traveled connecting artery to: St.
Peter / Mankato
• North Mankato residents, business +
retail core Victory Place will directly
serve a 374 unit + 40 townhome
multi-family housing project slated
for breaking ground in late 2025
Traffic Counts:
• Hwy 14: 37,075 VPD
• N Victory Dr: 10,287 VPD
• Hwy 22: 19,178 VPD
Mankato: A major regional hub in Southern MN, is a top national performer in economic growth by leaders such as Taylor Corp. Renowned in the river valley for its gorgeous parks & trails, greater Mankato also boasts state of the art medical service with the Mayo Clinic Health System, along with post-secondary education opportunities with MN State University, Bethany Lutheran College, Rassumssen College and South Central College. Mankato boasts a lifestyle that promotes healthy living, higher education, the arts and evolving retail and entertainment options.
Contact us
Listing Agency:
Transwestern
(612) 343-4200
Listed By:
Kris Schisel
(612) 418-9477
Source:
Moodyscre
Added: May 6, 2024
Changed: Oct 25
Last Checked: Oct 28 at 11:21AM
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 Transwestern
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Investment Insights
Based on property information with market context.
This new retail development, Victory Place, is located at the northeast quadrant of Highway 14 and North Victory Drive in Mankato, Minnesota. The land size is 60,719 square feet and is zoned commercial. Delivery is slated for Summer 2025. Pad 2 offers 7,500 square feet of divisible space with drive-thru access. Pad 3 also offers 7,500 square feet and is available for sale or ground lease as a build-to-suit. The location is prominently positioned between Highway 14 and Highway 22, with direct access off of Highway 14. North Victory Drive serves as a connecting artery to St. Peter and Mankato. The development will directly serve a multi-family housing project with 374 units and 40 townhomes, with groundbreaking planned for late 2025. Traffic counts are significant, with 37,075 vehicles per day on Highway 14, 10,287 vehicles per day on North Victory Drive, and 19,178 vehicles per day on Highway 22. Mankato is a major regional hub in Southern Minnesota, known for its parks, trails, medical services with the Mayo Clinic Health System, and educational institutions including Minnesota State University and Bethany Lutheran College.
Key Highlights
- Prime retail position at the NEQ of Hwy 14 + N Victory Dr in Mankato, MN.
- High traffic counts: Hwy 14 (37,075 VPD), N Victory Dr (10,287 VPD), Hwy 22 (19,178 VPD).
- Direct access off of Hwy 14 and prominently positioned between Hwy 14 & Hwy 22.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
882
Businesses Nearby
153k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 30%
Beauty & Spa 3%
Apparel 1%
McDonald's
Dining
38,730 visits/mo
0.4 miles
Kwik Trip
Shops & Services
36,317 visits/mo
0.5 miles
Mazatlan Mexican Restaurant
Dining
13,825 visits/mo
0.5 miles
Wendy's
Dining
13,168 visits/mo
0.5 miles
Pizza Ranch
Dining
11,759 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Mankato, MN
$12.25 /SF/Yr
Avg Asking Price
$6–$20 /SF/Yr
Price Range
4,493 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - New retail development with drive-thru, available Summer 2025.
Where is this retail space located?
The property is located at Hwy 14 & N Victory Dr Mankato, MN.
What are key features of this property?
This property features: Prime retail position at the NEQ of Hwy 14 + N Victory Dr in Mankato, MN.; High traffic counts: Hwy 14 (37,075 VPD), N Victory Dr (10,287 VPD), Hwy 22 (19,178 VPD).; Direct access off of Hwy 14 and prominently positioned between Hwy 14 & Hwy 22.
