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1850 Adams St Mankato, MN 56001

Sponsored
For Lease
$1.00 SF/Yr

Mankato, MN Shopping Center Opportunity

Lot size:
726,795 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional retail space, located within the premier River Hills Mall in Mankato, Minnesota, offers 5,000 square feet of prime commercial real estate. Situated in a thriving regional mall with over 4.5 million annual visits and an average visit duration of 60 minutes, this property boasts high traffic and excellent visibility at the intersection of HWY 22 & 14. The space is part of a 726,795 square foot, single-story shopping center built in 1991, featuring strong anchor stores such as Barnes & Noble, JCPenney, Scheels, and Target, along with a diverse range of other retailers. This location benefits from its proximity to major roadways, ample parking (305 spaces), and a strong local economy driven by agriculture, healthcare, manufacturing, retail, and higher education. The space itself includes approximately 4,500 square feet of sales floor, two small backrooms (approximately 250 square feet each), a built-in cash wrap, a combination of standard and slat wall displays, four dressing rooms, and a restroom. The property also offers convenient backdoor access to the parking lot and boasts 61 feet 10 inches of frontage. The mall is a major tourist attraction serving Southern Minnesota and Northern Iowa, drawing from a regional population of 287,175 people. The property is zoned 3A-Commercial/Industrial/Public Utility and sits on a 1.64-acre lot (APN: R010909426043). This is a remarkable opportunity to establish or expand a retail business in a high-traffic, family-friendly environment within a rapidly growing market. The mall's location in Mankato, a city experiencing growth 12 times faster than comparable cities, ensures a strong potential for return on investment. The property is part of a larger shopping center with a Cinemark movie complex, a carousel, and a food court, further enhancing its appeal to shoppers.

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

Building Details

Year Built
1991
Stories
1

Unit(s) available at that property

Space
334
Size
5,000 SF
Rate per SF
$1.00

HighLights

  • Retail space available in River Hills Mall, Mankato, MN, a regional mall with 726,795 square feet.
  • Located at the intersection of Hwy 22 & Hwy 14, offering high traffic and visibility.
  • One available suite of approximately 5,000 square feet, located in the Scheels wing, with 61' 10" of frontage.
  • Features include built‑in cash wrap, slat wall, four dressing rooms, and a restroom.
  • The mall boasts strong anchor tenants (Barnes & Noble, JCPenney, Scheels, Target) and receives 4.5 million visits annually, with an average visit duration of 60 minutes.
Property Profile Location Intelligence

Current Use by Public Records

francesca's Shoe Store Hot Topic Clothing Store Aéropostale Clothing Store H&M Clothing Store Ragstock Clothing Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Hair Salon Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mankato
County
MN
State
Minnesota
Longitude
-93.9538825
Latitude
44.1729221

FAQs

What type of property is this?
Lifestyle center - Mankato, MN Shopping Center Opportunity
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, a regional mall with 726,795 square feet.; Located at the intersection of Hwy 22 & Hwy 14, offering high traffic and visibility.; One available suite of approximately 5,000 square feet, located in the Scheels wing, with 61' 10" of frontage.
More about this property
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