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Repurposed Retail Office Suite
For Lease
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1400 Madison Ave, Mankato, MN 56001

Updated suite with a front desk, private and open offices, workroom, and on-site signage plus ample parking.

Property Size1,338 SF
Days on Market249

Property Features for 1400 Madison Ave

General Information

Standard status Active
Size 1,338 SF
Property subtype RETAIL
Lease Type SF/yr

Amenities

signage available

Building Details

Tenancy Multi
Listing Agency: NAI North Star
Listed By: David Schooff · License ##40137517
Source: Moodyscre
Added: Nov 25, 2025 Changed: Jul 26 Last Checked: Jul 31 at 12:55PM

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 NAI North Star

Investment Insights

Based on property information with market context.

Lease a space in the Madison East Center at 1400 Madison Ave in Mankato. This repurposed retail property features interior updates throughout, along with a newly added area facing Victory Drive.

The available layout includes a front desk area, three private offices, four open offices, a back workroom, and additional closet storage. The space is situated in a high-visibility, high-traffic setting along Madison Ave with signage available and ample parking around the entire building. The center is home to multiple established businesses, including Mayo Clinic and Rasmussen, as well as JoAnn Fabrics and others.

This is a well-configured option for a professional tenant looking for a blend of reception, private offices, and open office work areas within an active retail-oriented center.

Key Highlights

  • Updated retail/commercial space for lease with a front desk, 3 private offices, and 4 open offices
  • Includes a back workroom and additional closet storage
  • Newly added space/area facing Victory Drive

Property Analytics

Current Use

Amana General Electric ... Home Appliance Store Skin Essentials Medical Clinic Madison East Center Business Service Center Lauren R. Lefavor, ... Medical Clinic Dr. Eggert Delmer, ... Physician

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply HVAC Service Storage Facility Garden Center

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
NNN (Triple Net)
Lease Type
$1.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

941
Businesses Nearby
277k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 31% Groceries 14% Apparel 3%
Aldi Groceries
39,448 visits/mo 0.4 miles
McDonald's Dining
38,730 visits/mo 0.1 miles
Kwik Trip Shops & Services
36,317 visits/mo 0.3 miles
Circle K Shops & Services
13,908 visits/mo 0.3 miles
Mazatlan Mexican Restaurant Dining
13,825 visits/mo 0.2 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Fisher Commercial Realtors Group — 1400 Madison Ave # 334, Mankato, MN 56001

Frequently Asked Questions

What type of property is this?
Shopping center - Updated suite with a front desk, private and open offices, workroom, and on-site signage plus ample parking.
Where is this shopping center located?
The property is located at 1400 Madison Ave Mankato, MN.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: Updated retail/commercial space for lease with a front desk, 3 private offices, and 4 open offices; Includes a back workroom and additional closet storage; Newly added space/area facing Victory Drive
(507) 380-7340 Call to check price and availability
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