N Victory Dr Mankato, MN

This commercial land is a new development opportunity located at the northeast quadrant of Highway 14 and North Victory Drive in Mankato, Minnesota. The land area is 60,719 square feet and is zoned for commercial use. The delivery date is scheduled for Summer 2025. The location is prominently positioned between Highway 14 and Highway 22, with direct access off of Highway 14. North Victory Drive is a highly traveled connecting artery to St. Peter and Mankato. The property will directly serve a 374-unit plus 40-townhome multi-family housing project slated for breaking ground in late 2025. Available options include a proposed national coffee pad, a 7,500 sq. ft. divisible space with a drive-thru, and a 7,500 sq. ft. space available for sale or ground lease as a build-to-suit. Traffic counts are significant, with 37,075 vehicles per day (VPD) on Highway 14, 10,287 VPD on North Victory Drive, and 19,178 VPD on Highway 22. Mankato is a major regional hub in Southern Minnesota, known for its economic growth, parks, trails, medical services with the Mayo Clinic Health System, and educational institutions such as Minnesota State University, Bethany Lutheran College, Rasmussen College, and South Central College. Mankato promotes healthy living, higher education, the arts, and evolving retail and entertainment options.