1541 Madison Avenue Mankato, MN 56001
Net leased Mister Car Wash in Mankato's primary retail corridor.
Type:Retail
- Added:
- Mar 25, 2026
- Days on Market:
- 11
- Last Refresh:
- Mar 18 at 8:39 am
Property Features for 1541 Madison Avenue
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agent Sean Doyle
Listing office
Listing date Mar 25, 2026
Source Cbre
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
Overview
Mister Car Wash Investment Opportunity
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.
Location Intelligence
Current Use by Public Records
Mister Car Wash
Car Wash
Location Insight
- Map
- Local Demand
- City
- Mankato
- County
- Nicollet
- State
- Minnesota
- Longitude
- -93.968708
- Latitude
- 44.166407
Nearby Similar for Sale
FAQs
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
