Mister Car Wash Investment
For Sale
Contact for pricing
1541 Madison Avenue, Mankato, MN 56001
Net leased Mister Car Wash in Mankato's primary retail corridor.
Property SizeContact for details
Days on Market141
Property Features for 1541 Madison Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
(612) 336-4325
Listed By:
Sean Doyle
(612) 336-4325
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Aug 12 at 9:09AM
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 Sean Doyle
Investment Insights
Based on property information with market context.
This property in Mankato, MN, is a recently developed, absolute net leased asset. It is ground leased to Mister Car Wash, a publicly traded company (NASDAQ: MCW) with a market capitalization of $2.26B and over 500 locations, making it the largest car wash operator in North America. The lease has 13.5 years of term remaining and is corporately guaranteed. The property is located in the center of a dense retail corridor on Madison Avenue, which features numerous national retailers including Sam’s Club, Walmart, Target, and Aldi. Mankato is the county seat of Blue Earth County and home to Minnesota State University, the second largest university in the State of Minnesota, with an enrollment exceeding 15,000 students. Mankato is located in south-central Minnesota, approximately 80 miles southwest of the Twin Cities. The city serves as a regional hub for commerce, education, and healthcare. There are no direct national competitors in the trade area.
Key Highlights
- Corporate guarantee from Mister Car Wash (NASDAQ: MCW), the largest car wash operator in North America
- Absolute net leased asset with 13.5 years of lease term remaining, offering a truly hands‑off investment
- Located in the heart of the primary retail corridor on Madison Avenue in Mankato, a high‑traffic area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
285k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 31%
Groceries 14%
Home Improvements & Furnishings 5%
Aldi
Groceries
39,448 visits/mo
0.3 miles
McDonald's
Dining
38,730 visits/mo
0.2 miles
Kwik Trip
Shops & Services
36,317 visits/mo
0.1 miles
Circle K
Shops & Services
13,908 visits/mo
0.4 miles
Mazatlan Mexican Restaurant
Dining
13,825 visits/mo
0.1 miles
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Net leased Mister Car Wash in Mankato's primary retail corridor.
Where is this car wash located?
The property is located at 1541 Madison Avenue Mankato, MN.
What are key features of this property?
This property features: Corporate guarantee from Mister Car Wash (NASDAQ: MCW), the largest car wash operator in North America; Absolute net leased asset with 13.5 years of lease term remaining, offering a truly hands‑off investment; Located in the heart of the primary retail corridor on Madison Avenue in Mankato, a high‑traffic area
