Repurposed Retail Property with Medical
For Lease
Contact for pricing
1400 Madison Ave, Mankato, MN 56001
Retail, office, and industrial spaces available in Mankato, MN.
Space Size1,015 SF - 6,919 SF
Property Size331,604 SF
Days on Market795
Property Features for 1400 Madison Ave
General Information
Standard status
Active
Size
1,015 SF - 6,919 SF
Class
B
Property subtype
Retail, Office, Industrial
Lease Type
NNN
Building Details
Building Size
331,604 SF
Year Built
1968
Tenancy
Multiple
Spaces For Lease
at 1400 Madison Ave Contact us- Size
- 1,338 SF
- Type
- Industrial, Office, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 332
- Size
- 1,060 SF
- Type
- Industrial, Office, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 354
- Size
- 6,919 SF
- Type
- Industrial, Office, Retail
- Lease Type
- NNN
- Availability
- Active
210 - Former Restaurant/Bar
- Size
- 3,064 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 504
- Size
- 1,015 SF
- Type
- Industrial, Office, Retail
- Availability
- Active
Suite 334
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Listing Agency:
NAI North Star
(507) 380-7340
Listed By:
David Schooff · License #MN 40137517
Source:
Crexi
Added: Jun 8, 2024
Changed: Aug 8
Last Checked: Aug 9 at 2:36PM
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 Madison East Center is a repurposed retail property with a medical-retail focus, offering spaces for lease. It is known for professional leases and long tenure with established community leaders, including Mayo Clinic, Rasmussen, Mankato Clinic, DaVita, and other medical, retail, and human services tenants. The property offers a range of options from retail to office and industrial spaces, with square footages ranging from 800 to over 19,000, depending on the tenant's needs. The ownership group is creative, and professional management is available to help demise or create the perfect space for any like-business. The Madison East Center is located on Madison Ave and North Victory Drive, next to one of the busiest retail intersections in Mankato, with a traffic count of more than 30,000 vehicles per day. Victory Drive provides access to both Highway 14 and Mankato State University. This location is highly visible and has one of the highest medical and human services consumer bases in the region.
Key Highlights
- Located at a high‑traffic intersection (30,000+ vehicles per day) on Madison Ave and North Victory Drive.
- Anchored by established medical and retail tenants like Mayo Clinic, Rasmussen, and Mankato Clinic.
- Repurposed retail property with a medical‑retail focus, catering to medical/human services consumer base.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail, office, and industrial spaces available in Mankato, MN.
Where is this retail space located?
The property is located at 1400 Madison Ave Mankato, MN.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Located at a high‑traffic intersection (30,000+ vehicles per day) on Madison Ave and North Victory Drive.; Anchored by established medical and retail tenants like Mayo Clinic, Rasmussen, and Mankato Clinic.; Repurposed retail property with a medical‑retail focus, catering to medical/human services consumer base.
