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 Market861
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 Contact us- Floor
- 1
- Size
- 7,500 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Completion
- Sublease
- No
Victory Place - Pad 2
New Development
Prime Retail Position
Victory Place
NEQ of Hwy 14 + N Victory Dr
Mankato,...
show more
Contact us
Listing Agency:
Transwestern
(612) 343-4200
Listed By:
Kris Schisel
(612) 418-9477
Source:
Moodyscre
Added: May 6, 2024
Changed: Sep 4
Last Checked: Sep 12 at 11:38AM
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
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
4,277 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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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.
