Occupied Retail Shopping
For Sale
Contact for pricing
1861 Adams Street, Mankato, MN 56001
Signalized-intersection access places the center directly across from River Hills Mall.
Property Size12,988 SF
Days on Market145
Property Features for 1861 Adams Street
General Information
Standard status
Active
Size
12,988 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Road Access
Yes
Building Details
Year Built
2018
Tenancy
Multi
Listing Agency:
CBRE Minneapolis
Listed By:
AJ Prins · License #MN 20395954
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 1:31PM
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 CBRE Minneapolis
Investment Insights
Based on property information with market context.
Completed in 2018, the property contains 12,988 square feet of retail space in a shopping center configuration. Occupancy is 100%, with most of the center leased to national brands including Sleep Number and Buffalo Wings & Rings. Tenant agreements are structured as net leases, and expiration dates are staggered across the tenancy schedule.
The center is positioned at the signalized junction of Sioux Avenue and Adams Street, opposite the main entrance to River Hills Mall. The regional shopping center encompasses 700,000 square feet and is anchored by Target. The property is also near Connect Commons, a mixed retail project with 50 micro apartments, along with the Pillars of Mankato, a 118-bed residential care facility, and Ohana Apartments, a 71-unit complex, each identified for delivery in 2019.
The center is positioned at the signalized junction of Sioux Avenue and Adams Street, opposite the main entrance to River Hills Mall. The regional shopping center encompasses 700,000 square feet and is anchored by Target. The property is also near Connect Commons, a mixed retail project with 50 micro apartments, along with the Pillars of Mankato, a 118-bed residential care facility, and Ohana Apartments, a 71-unit complex, each identified for delivery in 2019.
Key Highlights
- 12,988‑square‑foot shopping center completed in 2018
- 100% occupied with national brands including Sleep Number and Buffalo Wings & Rings
- All tenant leases are structured as net leases
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
1.2M
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 29%
Dining 22%
Apparel 19%
Shops & Services 14%
Target
Superstores
126,351 visits/mo
0.2 miles
Walmart
Superstores
126,171 visits/mo
0.5 miles
Scheels
Apparel
111,790 visits/mo
0.3 miles
Sam's Club
Superstores
103,086 visits/mo
0.4 miles
Hy-Vee
Groceries
70,821 visits/mo
0.3 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
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Frequently Asked Questions
What type of property is this?
Shopping center - Signalized-intersection access places the center directly across from River Hills Mall.
Where is this shopping center located?
The property is located at 1861 Adams Street Mankato, MN.
What are key features of this property?
This property features: 12,988‑square‑foot shopping center completed in 2018; 100% occupied with national brands including Sleep Number and Buffalo Wings & Rings; All tenant leases are structured as net leases
