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    1151 Rd Worthington, MN 56187

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Walmart shadow center space available.

    Lot size:
    29,596 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Worthington Shopping Center presents a unique retail investment opportunity. This 29,596 square foot Walmart shadow center boasts a prime location off Ryans Rd in Worthington, benefiting from the significant draw of a high-performing Walmart with 2.1 million annual visits. This substantial foot traffic extends from Worthington and neighboring communities, ensuring consistent customer flow. The center is strategically positioned directly adjacent to the Walmart and across the street from Tractor Supply Co., maximizing visibility and accessibility. Currently, 1,601 square feet of retail space is available for lease within this multi-tenant property. Existing anchor tenants include Hibbett Sports and Maurice's, further solidifying the center's appeal and attracting a diverse customer base. The surrounding area features a robust retail landscape, including national brands such as Starbucks, Hyvee, Scooter's Coffee, and Walgreens, creating a synergistic environment for businesses seeking high visibility and strong consumer traffic. This location is ideal for a variety of retail businesses, healthcare services, or restaurants seeking a thriving commercial environment. The property offers excellent potential for growth and profitability within a well-established and highly visible retail corridor.

    Property Features for 1151 Rd

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,596 SF

    Unit(s) available at that property

    Space
    AVAILABLE (1)
    Size
    3,600 SF

    HighLights

    • Walmart shadow center with 2.1M annual visits.
    • Anchor tenants: Hibbett Sports and Maurice's.
    • Prime Worthington, Ohio retail location near Tractor Supply Co., Starbucks, Hyvee, Scooter's Coffee, and Walgreens.
    • 29,596 total square feet.
    • 1,601 square feet currently vacant.
    • Multiple tenant retail property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Worthington
    County
    Nobles
    State
    Minnesota
    Longitude
    -95.598803515516
    Latitude
    43.636057555623

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    FAQs

    What type of property is this?
    Shopping center - High-traffic Walmart shadow center space available.
    Where is this shopping center located?
    The property is located at 1151 Rd Worthington, MN.
    What are key features of this property?
    This property features: Walmart shadow center with 2.1M annual visits.; Anchor tenants: Hibbett Sports and Maurice's.; Prime Worthington, Ohio retail location near Tractor Supply Co., Starbucks, Hyvee, Scooter's Coffee, and Walgreens.
    Request Owner's contact information
    1151 Rd Worthington, MN 56187
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    Worthington, MN 56187
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    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
    1151 Rd Worthington, MN 56187
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