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1400 S Riverfront Dr Mankato, MN 56001

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For Sale
$877,000

Retail center with highway visibility and strong tenant demand.

Property size:
3,724 SF
Lot size:
0.35 Acres

Property Features for 1400 S Riverfront Dr

General Information

Size
3,724 SF
Lot size
0.35 Acres

Source: CBRE - Minnesota Agent Sean Doyle

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


Overview

Occupied Retail Center Near Highway

This 100% occupied retail center has a history of healthy occupancy and strong tenant demand. The rent roll consists of service-based tenants. The property benefits from its direct visibility off Highway 169, the major thoroughfare connecting Mankato to the Twin Cities. Riverfront Plaza is shadow anchored by Cub Foods and is located at one of the main points of access to the grocery store. Mankato is home to Minnesota State University which has enrollment of over 13,000 students. The acquisition price of the building is significantly below replacement cost, and rent throughout the center is priced at or below market. The property is located at the shared intersection of Mankato West High School and the YMCA, both major traffic drivers to the trade area. The property contains 3724 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Coldwell Banker Real Estate Agency Welcome Home Realty Real Estate Agency Edward Jones Stock Broker MARY WELLER, COLDWELL ... Real Estate Agent Edward Jones - Financial ... Financial Consultant

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mankato
County
Nicollet
State
Minnesota
Longitude
-93.990785
Latitude
44.180482

FAQs

What type of property is this?
Strip mall - Retail center with highway visibility and strong tenant demand.
Where is this strip mall located?
The property is located at 1400 S Riverfront Dr Mankato, MN.
What is the asking price?
The asking price for this property is $877,000.
What are key features of this property?
This property features: - 100% Occupied Retail Center with a history of strong tenant demand.; - Grocery Shadow Anchor: Located at a main access point to Cub Foods.; - Highway Visibility: Direct visibility off Highway 169.
More about this property
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