Spaces For Lease

at 84601 Olson Ave

Retail Property for Lease or Sale AVAILABLE

Floor 1

Size 11,414 SF

Type RETAIL

Rate Contact for pricing

Sublease No

− Freestanding building − 11,414 SF building on 4.71 acres − PID: 17-550-0100 − Built in 2004 − Zoned Commercial − 10,888 vpd on MN 60

Contact us

Listing Agency: CBRE - Minnesota Show Phone

Listed By: Matt P Friday Show Phone

Source: Moodyscre

Added: Jul 25, 2024 Changed: Sep 13 Last Checked: Oct 4 at 12:37PM

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Investment Insights

Based on property information with market context.

This is a freestanding retail building constructed in 2004. The building has 11,414 square feet of space and is situated on a 4.71-acre lot. The property is zoned commercial. Traffic counts on MN 60 are 10,888 vehicles per day.

Key Highlights

• Freestanding 11,414 SF building on 4.71 acres
• Zoned Commercial
• High visibility with 10,888 vpd on MN 60

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Building Supply Garden Center Big Box & Wholesale Store Auto Repair Shop

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

264

Businesses Nearby

2k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 65% Shops & Services 35%

True Value Hardware Home Improvements & Furnishings

1,169 visits/mo 0.4 miles

Napa Auto Parts Shops & Services

621 visits/mo 0.4 miles

Demographics for 56062, MN

3,239

Population

1,309

Households

2.5

Avg Household Size

39

Median Age

22%

College-Educated

90%

High-School Grad

124.4 sq mi

ZIP Area

26

Density / Sq Mi

$76,549

Median Household Income

$41,309

Median Earnings

$756

Median Rent

$172,900

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

Questions? Ask Rey

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

What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Hope & Faith Floral Studio & Gifts - Downtown Madelia — 23 W Main St, Madelia, MN 56062

Frequently Asked Questions

What type of property is this?

Storefront property - Freestanding retail building on a large commercial lot.

Where is this storefront property located?

The property is located at 84601 Olson Ave Madelia, MN.

What are key features of this property?

This property features: Freestanding 11,414 SF building on 4.71 acres; Zoned Commercial; High visibility with 10,888 vpd on MN 60