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Goodwill Absolute NNN Property
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2024 Adams St, Mankato, MN 56001

Fee-simple ownership with an absolute NNN lease and additional management-fee pass-through income.

Property SizeContact for details
Days on Market144

Property Features for 2024 Adams St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: JLL - Minneapolis, Minnesota
Listed By: Matt Hazelton · License #MN 40449423
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:37PM

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 JLL - Minneapolis, Minnesota

Investment Insights

Based on property information with market context.

This offering includes the fee-simple interest in a Goodwill property at 2024 Adams St in Mankato, Minnesota. Goodwill Easter-Seals Minnesota is the occupying tenant, with the lease structured on an absolute NNN basis.

More than 10 years remain on the lease following a new renewal. The agreement places all property expenses with the tenant and provides for additional income through pass-through management fees.

Key Highlights

  • Fee‑simple interest in a Goodwill property at 2024 Adams St, Mankato, MN 56001
  • Goodwill Easter‑Seals Minnesota is the tenant
  • Absolute NNN lease structure assigns all expenses to the tenant

Property Analytics

Current Use

Electric Vehicle Charging ... Electric Vehicle Charging Station Goodwill - Mankato Discount Store

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Bakery Locksmith

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

819
Businesses Nearby
1.2M
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 30% Dining 23% Apparel 21% Shops & Services 12%
Target Superstores
126,351 visits/mo 0.2 miles
Walmart Superstores
126,171 visits/mo 0.5 miles
Scheels Apparel
111,790 visits/mo 0.4 miles
Sam's Club Superstores
103,086 visits/mo 0.5 miles
Hy-Vee Groceries
70,821 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Fee-simple ownership with an absolute NNN lease and additional management-fee pass-through income.
Where is this nnn property located?
The property is located at 2024 Adams St Mankato, MN.
What are key features of this property?
This property features: Fee‑simple interest in a Goodwill property at 2024 Adams St, Mankato, MN 56001; Goodwill Easter‑Seals Minnesota is the tenant; Absolute NNN lease structure assigns all expenses to the tenant
(612) 396-7723 Call to check price and availability
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