Search
NNN Restaurant Property
For Sale
Contact for pricing

1861 Madison Ave, Mankato, MN 56001

Bakers Square restaurant on a corner parcel with an NNN lease and no landlord responsibilities.

Property SizeContact for details
Days on Market145

Property Features for 1861 Madison Ave

General Information

Standard status Active
Property subtype Retail

Building Details

Buildings 1
Tenancy Single
Listing Agency: Brisky Net Lease
Listed By: Brian Brisky · License #MN 40546562
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:08PM

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 Brisky Net Lease

Investment Insights

Based on property information with market context.

This Bakers Square restaurant occupies over 5,000 SF on a 1+ acre corner lot at 1861 Madison Ave in Mankato, Minnesota. The property is subject to an NNN lease with zero landlord responsibilities, providing a defined operating structure for the ownership. The site also offers strong access and sits within an established commercial setting.

The restaurant is positioned in Mankato’s larger retail corridor, near River Hills Mall and national retailers including Walmart, Sam’s Club, T.J. Maxx, Petco, Michaels, Five Below, ULTA, and Hy-Vee. Mankato serves as an economic and shopping hub for southern Minnesota and is located 80 miles southwest of Minneapolis and 50 miles north of the Iowa border.

Key Highlights

  • NNN lease with zero landlord responsibilities
  • Bakers Square restaurant building measuring over 5,000 SF
  • 1+ acre corner lot at 1861 Madison Ave

Property Analytics

Current Use

Bakers Square Restaurant

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

906
Businesses Nearby
1000k
Monthly Visits Nearby

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - Bakers Square restaurant on a corner parcel with an NNN lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 1861 Madison Ave Mankato, MN.
What are key features of this property?
This property features: NNN lease with zero landlord responsibilities; Bakers Square restaurant building measuring over 5,000 SF; 1+ acre corner lot at 1861 Madison Ave
(612) 413-4200 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message