Stabilized Retail Strip
For Sale
$3,490,000
511 Holly Ln, Mankato, MN 56001
Retail strip center in Mankato, MN with NNN leases.
Property SizeContact for details
Days on Market166
Property Features for 511 Holly Ln
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2012
Listing Agency:
NAI North Star
(507) 380-7340
Listed By:
David Schooff · License #MN #40137517
(507) 380-7340
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 19 at 5:09AM
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 NAI North Star
Investment Insights
Based on property information with market context.
The property at 511 Holly Lane in Mankato, Minnesota, is a stabilized retail strip center available for sale. It features a true NNN lease structure, designed to provide a passive income profile. The net-leased investment minimizes landlord responsibilities while delivering consistent cash flow and expense protection. The property is located just off Madison Avenue, a primary retail thoroughfare in Mankato, and benefits from high visibility and accessibility in a high-traffic commercial corridor. The surrounding area includes national retailers, restaurants, and service businesses, attracting a steady flow of local residents and visitors. The property benefits from strong neighboring tenants, consistent foot traffic, and convenient parking. The property features 2-7 year leases with options, financially responsible tenants, local and national brands, and is professionally managed.
Key Highlights
- True NNN lease structure offering passive income and minimized landlord responsibilities.
- Excellent visibility and accessibility in a high‑traffic commercial corridor off Madison Avenue.
- Located in a vibrant retail hub with strong neighboring tenants, including national brands.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
954
Businesses Nearby
277k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 31%
Groceries 14%
Apparel 3%
Aldi
Groceries
39,448 visits/mo
0.4 miles
McDonald's
Dining
38,730 visits/mo
0.1 miles
Kwik Trip
Shops & Services
36,317 visits/mo
0.3 miles
Circle K
Shops & Services
13,908 visits/mo
0.4 miles
Mazatlan Mexican Restaurant
Dining
13,825 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?
Strip mall - Retail strip center in Mankato, MN with NNN leases.
Where is this strip mall located?
The property is located at 511 Holly Ln Mankato, MN.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: True NNN lease structure offering passive income and minimized landlord responsibilities.; Excellent visibility and accessibility in a high‑traffic commercial corridor off Madison Avenue.; Located in a vibrant retail hub with strong neighboring tenants, including national brands.
