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Medical Retail Shopping Center
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Pending

1810 Commerce Dr, North Mankato, MN 56003

North Kato Plaza is a 2000-built shopping center anchored by DaVita Dialysis with available space for added tenancy.

Property Size28,895 SF
Lot Size3.25 Acres
Days on Market147

Property Features for 1810 Commerce Dr

General Information

Standard status Pending
Size 28,895 SF
Lot size 3.25 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2000
Listing Agency: RE/MAX Dynamic Agents
Listed By: Carlos Carrera · License #MN 20451253
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Sep 3 at 12:36PM

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 RE/MAX Dynamic Agents

Investment Insights

Based on property information with market context.

North Kato Plaza is a shopping center constructed in 2000 on a 3.25-acre site. The property totals 28,895 square feet and is anchored by DaVita Dialysis. An additional 5,947 square feet is currently vacant, offering investors and owner-occupants the ability to pursue added occupancy.

The center is located along four-lane Highway 14 and the retail corridor Commerce Drive. The corridor includes a mix of established retailers and services such as Snap Fitness, Fantastic Sam's, Dollar Tree, Kwik Trip, Wells Fargo, Culvers, MGM, and Caribou, along with recent nearby openings for Starbucks and Chipotle.

The property features a large parking lot, and the existing layout may support carving out additional pad development along Commerce Drive, subject to applicable approvals.

Key Highlights

  • 28,895 SF shopping center constructed in 2000, anchored by DaVita Dialysis
  • Includes 5,947 SF of available vacancy for new tenancy
  • Located on a 3.25‑acre site along Highway 14 and the Commerce Drive retail corridor

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Real Estate Agency Law Firm Grocery & Convenience Store Bakery HVAC Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby
99k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 39% Electronics 4% Beauty & Spa 2%
Kwik Trip Shops & Services
29,245 visits/mo 0.3 miles
Culver's Dining
19,440 visits/mo 0.4 miles
Starbucks Dining
10,415 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
9,950 visits/mo 0.4 miles
Dollar Tree Shops & Services
6,880 visits/mo 0.2 miles

Demographics for 56003, MN

15,221
Population
6,543
Households
2.3
Avg Household Size
38
Median Age
43%
College-Educated
98%
High-School Grad
44.0 sq mi
ZIP Area
346
Density / Sq Mi
$80,587
Median Household Income
$46,544
Median Earnings
$920
Median Rent
$260,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - North Kato Plaza is a 2000-built shopping center anchored by DaVita Dialysis with available space for added tenancy.
Where is this shopping center located?
The property is located at 1810 Commerce Dr North Mankato, MN.
What are key features of this property?
This property features: 28,895 SF shopping center constructed in 2000, anchored by DaVita Dialysis; Includes 5,947 SF of available vacancy for new tenancy; Located on a 3.25‑acre site along Highway 14 and the Commerce Drive retail corridor
(507) 720-4663 Call to check price and availability
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