This exceptional retail space, located within the thriving River Hills Mall in Mankato, Minnesota, offers 1,347 square feet of prime commercial real estate. Situated in a high-traffic location at the intersection of Highways 22 and 14, the property benefits from excellent visibility and convenient access. The mall itself is a premier shopping destination serving Southern Minnesota and Northern Iowa, attracting 4.5 million visitors annually with an average visit duration of 60 minutes. This bustling center boasts a strong tenant mix, including major anchors such as Barnes & Noble, JCPenney, Scheels, and Target, alongside popular retailers like H&M, American Eagle Outfitters, and more. Amenities include an eight-screen Cinemark movie complex, a carousel, a food court, and a children's play area, creating a family-friendly atmosphere. Mankato's robust economy, driven by agriculture, healthcare, manufacturing, retail, and higher education, further enhances the property's value. The Mankato-North Mankato MSA, encompassing Blue Earth and Nicollet counties, has a population of 103,566, with the Greater Mankato region drawing a larger population of 287,175. This location offers unparalleled access to a significant consumer base, making it an ideal investment opportunity within a rapidly growing market. The entire mall encompasses 726,795 square feet across two suites, situated on a 1.64-acre lot. This specific suite is part of a larger, successful shopping center, ranked fifth in the state for regional malls. Mankato's growth rate significantly outpaces comparable cities, indicating a strong potential for future appreciation.
Property Features for 1850 Adams St
General Information
Property type
Lifestyle centers
Lease Type
Gross Lease
RSF (Rentable sq. ft)
726,795 SF
Total Rate
60566.25
Unit(s) available at that property
Space
River Hills Mall Suite 432
Size
1,347 SF
Rate per SF
$1.00
HighLights
Retail space available in River Hills Mall, Mankato, MN.
726,795 square foot shopping center with strong anchor tenants including Barnes & Noble, JCPenney, Scheels, and Target.
1,347 square foot retail space available.
Located at the intersection of Hwy 22 & 14, offering high traffic and visibility.
Serves a regional trade area of 287,175 people, with 4.5 million annual mall visits averaging 60 minutes each.
Lifestyle center - Mankato, MN Shopping Center Suite
Where is this lifestyle center located?
The property is located at 1850 Adams St Mankato, MN.
What is the lease rate?
The lease rate is $1.00 SF/Yr.
What are key features of this property?
This property features: Retail space available in River Hills Mall, Mankato, MN.; 726,795 square foot shopping center with strong anchor tenants including Barnes & Noble, JCPenney, Scheels, and Target.; 1,347 square foot retail space available.
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1850 Adams St Mankato, MN 56001
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Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
1850 Adams St Mankato, MN 56001
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1850 Adams St, Mankato, MN
Tyler Meihak
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1850 Adams St, Mankato, MN
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1850 Adams St, Mankato, MN
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1850 Adams St, Mankato, MN
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1850 Adams St, Mankato, MN
Tyler Meihak
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