Multi-Tenant Retail
For Sale
Contact for pricing
1906 8th Street Northwest, Austin, MN 55912
20,140 SF multi-tenant retail center anchored by Hormel Foods near major national retailers.
Property Size20,140 SF
Price / SF$158.89
Days on Market65
Property Features for 1906 8th Street Northwest
General Information
Standard status
Active
Size
20,140 SF
Total Parking Spaces
79
Property subtype
Retail
Occupancy
100%
Net Operating Income
$229,590
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
Hamilton Real Estate Group
(507) 281-1002
Listed By:
Andy Bianco · License #40976637
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 10 at 10:48AM
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 Hamilton Real Estate Group
Investment Insights
Based on property information with market context.
Austin Supercenter is a 20,140 SF multi-tenant retail center built to serve everyday shopping needs. The property is anchored by Hormel Foods, and the center is designed as a consolidated retail destination with multiple tenants under one roof.
Located in Austin, Minnesota at 1906 8th Street Northwest, the center benefits from its positioning within a retail corridor and its proximity to well-known national retailers. Nearby shopping includes Walmart, Hobby Lobby, and Aldi, along with numerous other national brands, supporting an established draw of customers to the area.
For buyers and operators, the property offers an anchored retail mix with Hormel Foods as a major employer-based driver of routine activity. Its multi-tenant structure can appeal to investors seeking exposure to a stabilized retail setting anchored by a local cornerstone tenant, while also providing access to the broader customer base associated with surrounding national retailers.
Located in Austin, Minnesota at 1906 8th Street Northwest, the center benefits from its positioning within a retail corridor and its proximity to well-known national retailers. Nearby shopping includes Walmart, Hobby Lobby, and Aldi, along with numerous other national brands, supporting an established draw of customers to the area.
For buyers and operators, the property offers an anchored retail mix with Hormel Foods as a major employer-based driver of routine activity. Its multi-tenant structure can appeal to investors seeking exposure to a stabilized retail setting anchored by a local cornerstone tenant, while also providing access to the broader customer base associated with surrounding national retailers.
Key Highlights
- 20,140 SF multi‑tenant retail center in Austin, Minnesota
- Anchored by Hormel Foods, a major local employer
- Located near major national retailers including Walmart, Hobby Lobby, and Aldi
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
198k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Superstores 27%
Groceries 17%
Apparel 11%
Walmart
Superstores
53,092 visits/mo
0.1 miles
Hy-Vee
Groceries
34,035 visits/mo
0.3 miles
Culver's
Dining
19,933 visits/mo
0.2 miles
Runnings
Apparel
19,830 visits/mo
0.3 miles
Applebee's
Dining
9,932 visits/mo
0.4 miles
Demographics for 55912, MN
29,718
Population
12,443
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
188.0 sq mi
ZIP Area
158
Density / Sq Mi
$68,205
Median Household Income
$43,937
Median Earnings
$864
Median Rent
$161,800
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 - 20,140 SF multi-tenant retail center anchored by Hormel Foods near major national retailers.
Where is this shopping center located?
The property is located at 1906 8th Street Northwest Austin, MN.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 20,140 SF multi‑tenant retail center in Austin, Minnesota; Anchored by Hormel Foods, a major local employer; Located near major national retailers including Walmart, Hobby Lobby, and Aldi
