Retail Space with Long-Term Office Depot
For Sale
Contact for pricing
2020 Adams St, Mankato, MN 56001
Retail space leased to Office Depot/OfficeMax, with about two years remaining plus four renewal options.
Property Size23,503 SF
Price / SF$154.80
Days on Market156
Property Features for 2020 Adams St
General Information
Standard status
Active
Size
23,503 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Brisky Net Lease
(715) 529-4441
Listed By:
Brian Brisky · License #40546562
(715) 529-4441
Source:
Moodyscre
Added: Feb 26
Changed: Jul 30
Last Checked: Jul 31 at 9:41AM
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 retail space is leased long term to Office Depot/OfficeMax, which has operated at the location for many years. The tenant has approximately two (2) years remaining on the current lease term, followed by four (4) five-year renewal options. The renewal options include scheduled rent increases in each option period, with limited landlord responsibilities.
The property is next door to a high-performing Hy-Vee grocery store. It is positioned within Mankato’s primary retail corridor near the heavily trafficked junction of Highways 14 and 22, supporting visibility and access. The surrounding trade area includes national retailers such as Target, Walmart, Sam’s Club, and Best Buy.
The offering comprises 23,503 square feet of retail space at 2020 Adams St in Mankato, Minnesota.
The property is next door to a high-performing Hy-Vee grocery store. It is positioned within Mankato’s primary retail corridor near the heavily trafficked junction of Highways 14 and 22, supporting visibility and access. The surrounding trade area includes national retailers such as Target, Walmart, Sam’s Club, and Best Buy.
The offering comprises 23,503 square feet of retail space at 2020 Adams St in Mankato, Minnesota.
Key Highlights
- Leased to Office Depot/OfficeMax with about two years remaining
- Four (4) five‑year renewal options with scheduled rent increases each period
- 23,503 SF retail space at 2020 Adams St, Mankato, MN
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
500k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 25%
Dining 24%
Apparel 20%
Groceries 14%
Target
Superstores
126,351 visits/mo
0.3 miles
Hy-Vee
Groceries
70,821 visits/mo
0.1 miles
T.J. Maxx
Apparel
57,457 visits/mo
0.5 miles
McDonald's
Dining
41,357 visits/mo
0.2 miles
Applebee's
Dining
26,135 visits/mo
0.2 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space leased to Office Depot/OfficeMax, with about two years remaining plus four renewal options.
Where is this retail space located?
The property is located at 2020 Adams St Mankato, MN.
What is the asking price?
The asking price for this property is $3,638,174.
What are key features of this property?
This property features: Leased to Office Depot/OfficeMax with about two years remaining; Four (4) five‑year renewal options with scheduled rent increases each period; 23,503 SF retail space at 2020 Adams St, Mankato, MN
