Building Details

Tenancy Multi

Spaces For Lease

at 123-139 Hwy 23 W Contact us

Retail/Office Space For Lease

Floor

1

Size

1,056 SF

Type

RETAIL

Rate

Contact for pricing

Lease Type

NNN

Availability

AVAILABLE, On Available Date

Sublease

No

Available Fall of 2027 Located equi-distant between St. Cloud and Milaca, Minnesota... the City of Foley is a welcoming rural county seat. The city offers a 'quaint' small town atmosphere. Located 20 minutes east of St. Cloud and an hour from the Twin Cities. The listed property intersects by Minnesota State Highways 23 and 25 on the northeast corner, and directly across from regionally based Coborn's grocery store. The available retail/service spaces are located between anchors McDonald's and Subway and consist of 2,256SF (Suite 135) and 1,056SF (Suite 127) totaling 3,312SF available for lease. The current tenant will be moving out 2nd to 3rd quarter of 2027 making the space(s) available to a new tenant during the summer/early fall of 2027. The suites can be demised or combined. The ceiling is currently open with the height being at 11". Parking is located in the front, side and rear of the building. Ample parking with over 25 dedicated parking spaced for Suites 127/135 combined. Signage is located on the building. The two suites have been combined for the current tenant. The suites can be demised into 3 potential bays with a minimum of 1,056sf for Suite 127. The owners preference is to lease the spaces to one single user Will consider food uses; however, the preference would be for retail or service type users. Great visibility, access, ample parking. Make an inquiry today on the two(2) space for lease, as well as the two units for sale, Suites #127 & #135.

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Listing Agency: Diehl and Partners Show Phone

Listed By: Lisa L Diehl

Source: Moodyscre

Added: Aug 1 Changed: Aug 13 Last Checked: Aug 19 at 8:51AM

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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 Diehl and Partners

Investment Insights

Based on property information with market context.

Retail space is available for lease in Foley, Minnesota, with two suites that may be leased together or separated. Suite 135 contains 2,256 SF and Suite 127 contains 1,056 SF, creating 3,312 SF in total. The combined area can also be configured as three potential bays, with Suite 127 offering a minimum of 1,056 SF. The current tenant is expected to vacate during the 2nd to 3rd quarter of 2027, with occupancy anticipated in summer or early fall 2027. The ceiling is open and measures 11" in height, while building signage is already in place.

The property sits at the northeast intersection of Minnesota State Highways 23 and 25, directly across from Coborn’s grocery store and between McDonald’s and Subway. Foley is located 20 minutes east of St. Cloud and an hour from the Twin Cities. Parking is positioned at the front, side, and rear of the building, with over 25 dedicated spaces serving Suites 127 and 135 together. Food uses will be considered, although retail and service users are preferred.

Key Highlights

• 3,312 SF total across Suite 135 at 2,256 SF and Suite 127 at 1,056 SF
• Can be divided into 3 potential bays, with a minimum of 1,056 SF for Suite 127
• At the northeast corner of Minnesota State Highways 23 and 25

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Storage Facility Dental Office Restaurant Plumbing Service Kitchen & Bath Showroom

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

Multi-tenant

Tenancy

Yes

Highway access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

205

Businesses Nearby

51k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 35% Dining 34% Shops & Services 31%

Coborn's Groceries

17,833 visits/mo 0.2 miles

McDonald's Dining

13,075 visits/mo 0.1 miles

Foley Shops & Services

8,553 visits/mo 0.5 miles

Speedway Shops & Services

5,926 visits/mo 0.1 miles

SUBWAY Dining

3,219 visits/mo 0.1 miles

Demographics for 56329, MN

7,615

Population

2,939

Households

2.6

Avg Household Size

38

Median Age

19%

College-Educated

92%

High-School Grad

191.9 sq mi

ZIP Area

40

Density / Sq Mi

$89,728

Median Household Income

$46,776

Median Earnings

$1,032

Median Rent

$260,300

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

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Frequently Asked Questions

What type of property is this?

Retail space - Divisible retail or service space with building signage and dedicated parking across from Coborn’s grocery store.

Where is this retail space located?

The property is located at 123-139 Hwy 23 W Foley, MN.

What are key features of this property?

This property features: 3,312 SF total across Suite 135 at 2,256 SF and Suite 127 at 1,056 SF; Can be divided into 3 potential bays, with a minimum of 1,056 SF for Suite 127; At the northeast corner of Minnesota State Highways 23 and 25