Shopping Center with NNN
For Sale
Contact for pricing
1300 18th Ave NW, Austin, MN 55912
Shopping center offering NNN leases and a tenant mix that includes Sherwin Williams and Pizza Ranch.
Property Size48,198 SF
Price / SF$43.57
Days on Market1077
Property Features for 1300 18th Ave NW
General Information
Standard status
Active
Size
48,198 SF
Property subtype
RETAIL
Additional Details
Asking Price
$2,100,000
Building Details
Tenancy
Multi
Listing Agency:
Paramark Corporation
(507) 261-7826
Listed By:
Darci Fenske
(507) 421-6556
Source:
Moodyscre
Added: Oct 5, 2023
Changed: Sep 5
Last Checked: Sep 14 at 10:32AM
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 Paramark Corporation
Investment Insights
Based on property information with market context.
This shopping center totals 48,198 square feet and is operated under NNN leases. The tenant lineup includes Sherwin Williams, Pizza Ranch, a dance studio, and a grocery store, supporting a diversified day-to-day retail environment.
The property is located at 1300 18th Ave NW in Austin, MN. Recent improvements include resurfacing of the parking lot, supporting continued vehicle access and on-site parking convenience for tenants and customers.
With its NNN lease structure and established retail tenant mix, the property is positioned for buyers seeking a retail shopping center investment with multiple operating businesses in place.
The property is located at 1300 18th Ave NW in Austin, MN. Recent improvements include resurfacing of the parking lot, supporting continued vehicle access and on-site parking convenience for tenants and customers.
With its NNN lease structure and established retail tenant mix, the property is positioned for buyers seeking a retail shopping center investment with multiple operating businesses in place.
Key Highlights
- 48,198 SF shopping center
- NNN lease structure
- Tenants include Sherwin Williams and Pizza Ranch
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
289k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Shops & Services 25%
Superstores 18%
Groceries 17%
Walmart
Superstores
53,092 visits/mo
0.3 miles
Hy-Vee
Groceries
34,035 visits/mo
0.1 miles
Kwik Trip
Shops & Services
27,342 visits/mo
0.4 miles
Culver's
Dining
19,933 visits/mo
0.3 miles
Runnings
Apparel
19,830 visits/mo
0.3 miles
Demographics for 55912, MN
29,718
Population
12,443
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
188.0 sq mi
ZIP Area
158
Density / Sq Mi
$68,205
Median Household Income
$43,937
Median Earnings
$864
Median Rent
$161,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center offering NNN leases and a tenant mix that includes Sherwin Williams and Pizza Ranch.
Where is this shopping center located?
The property is located at 1300 18th Ave NW Austin, MN.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 48,198 SF shopping center; NNN lease structure; Tenants include Sherwin Williams and Pizza Ranch
