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Retail and Medical Center
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1230 N State St, Waseca, MN 56093

Flexible retail and medical space with optional drive-thru pad and available tenant improvements.

Space Size43,693 SF
Days on Market405

Property Features for 1230 N State St

General Information

Standard status Active
Size 43,693 SF
Property subtype RETAIL

Spaces For Lease

at 1230 N State St Contact us

Lease - Retail / Medical / Restaurant / PAD With Drive Thru

Floor
1
Size
43,693 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
Total Available Space 1,000 - 38,000 sq ft (Devisable) - Ask about Drive Thru PAD -...
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Listing Agency: ReUrban LLC
Listed By: Dixon Diebold
Source: Moodyscre
Added: Aug 4, 2025 Changed: Sep 10 Last Checked: Sep 12 at 10:15AM

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 ReUrban LLC

Investment Insights

Based on property information with market context.

This shopping center offers divisible retail and medical space ranging from 1,000 to 38,000 square feet. Tenant improvements are available, and the property provides options that can support a variety of service and retail requirements, including space configurations suited to retail, medical, self-storage, or educational use. An available drive-thru pad is also noted for qualifying uses.

The center is located directly across the street from the high school and middle school. Nearby regional retail and restaurant tenants include Walmart, Verizon, McDonald’s, Kwik Trip, Dairy Queen, Burger King, and Caribou, with major co-tenant Bomgaars Fleet and Farm as an additional draw.

CAM and tax estimates are listed at $1.26 per square foot and $1.52 per square foot, respectively. For more detailed space layouts, leasing terms, and improvement options, inquire with the listing broker.

Key Highlights

  • Total available space from 1,000 to 38,000 sq ft (devisable)
  • Optional drive‑thru PAD available (ask about availability)
  • CAM/tax estimated at $1.26 psf / $1.52 psf

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply HVAC Service Cafe & Coffee Shop Daycare Center Barber Shop 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby
95k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Superstores 32% Dining 26% Home Improvements & Furnishings 9%
Walmart Superstores
30,101 visits/mo 0.5 miles
Kwik Trip Shops & Services
18,926 visits/mo 0.1 miles
McDonald's Dining
14,826 visits/mo 0.2 miles
Bomgaars Home Improvements & Furnishings
8,202 visits/mo 0.0 miles
Dollar Tree Shops & Services
6,027 visits/mo 0.2 miles

Demographics for 56093, MN

12,469
Population
5,216
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
92%
High-School Grad
180.5 sq mi
ZIP Area
69
Density / Sq Mi
$73,210
Median Household Income
$42,474
Median Earnings
$829
Median Rent
$214,800
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 - Flexible retail and medical space with optional drive-thru pad and available tenant improvements.
Where is this retail space located?
The property is located at 1230 N State St Waseca, MN.
What are key features of this property?
This property features: Total available space from 1,000 to 38,000 sq ft (devisable); Optional drive‑thru PAD available (ask about availability); CAM/tax estimated at $1.26 psf / $1.52 psf
(651) 343-1889 Call to check price and availability
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