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Two-Unit Leased Storefront
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1859 Madison Avenue, Mankato, MN 56001

Recent triple-net leases support a multi-tenant retail and restaurant configuration.

Property SizeContact for details
Days on Market133

Property Features for 1859 Madison Avenue

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 30,000 vehicles/day
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial Fisher Group
Listed By: Dain Fisher · License #MN
Source: Crexi
Added: Apr 23 Changed: Aug 31 Last Checked: Aug 30 at 1:57PM

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 Coldwell Banker Commercial Fisher Group

Investment Insights

Based on property information with market context.

This two-unit storefront property at 1859 Madison Avenue is fully leased to Potbelly and China Star. The tenancy combines a national sandwich retailer with an established Chinese restaurant, creating a retail and restaurant-oriented configuration within the building.

The property is positioned along Madison Avenue in Mankato, near Walmart Supercenter and Sam’s Club and off MN-22. The surrounding roadway carries more than 30,000 vehicles per day, and the site is visible from the MN-22 roundabout. Recent leases are structured on a triple-net basis.

Key Highlights

  • Two‑unit storefront property at 1859 Madison Avenue
  • Fully leased to Potbelly and China Star
  • Recent triple‑net leases

Property Analytics

Current Use

Potbelly Sandwich shop ... Take-out & Catering

Suggested Use

Top Pick Building Supply Electrical Service Garden Center Kitchen & Bath Showroom Accounting Firm Storage Facility

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

30,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

906
Businesses Nearby
1000k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 29% Superstores 23% Shops & Services 21% Apparel 17%
Walmart Superstores
126,171 visits/mo 0.1 miles
Sam's Club Superstores
103,086 visits/mo 0.1 miles
T.J. Maxx Apparel
57,457 visits/mo 0.2 miles
Kohl's Apparel
54,852 visits/mo 0.4 miles
Hobby Lobby Shops & Services
44,060 visits/mo 0.4 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
Rey
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Similar Off Market Nearby

  • Sam's Club Floral 1831 Madison Ave, Mankato, MN 56001
  • Cub Foods Floral 1800 E, 1800 Madison Ave, Mankato, MN 56001

Frequently Asked Questions

What type of property is this?
Storefront property - Recent triple-net leases support a multi-tenant retail and restaurant configuration.
Where is this storefront property located?
The property is located at 1859 Madison Avenue Mankato, MN.
What are key features of this property?
This property features: Two‑unit storefront property at 1859 Madison Avenue; Fully leased to Potbelly and China Star; Recent triple‑net leases
(507) 469-0545 Call to check price and availability
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