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Austin, MN NNN Properties for Sale

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Shopping Center with NNN Leases
Updated: Oct 5, 2023
Shopping Center with NNN Leases

1300 18th Ave NW, Austin, MN 55912

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48,198 sqft
48,198 SF shopping center
NNN lease structure
Tenants include Sherwin Williams and Pizza Ranch
Additional tenants include a dance studio and a grocery store
Recently resurfaced parking lot
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Austin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Indoor Shooting Range Facility
Indoor Shooting Range Facility

5105 Commercial Dr SW, Rochester, MN 55902

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2.03 AC lot

Absolute NNN sale-leaseback with a 2020-built indoor shooting range and on-site firearms and accessories retail.

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Multi-Tenant NNN Retail Property
Multi-Tenant NNN Retail Property

221 28th St SE, Rochester, MN 55904

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10,715 sqft

Multi-tenant NNN retail property off the South Broadway/Highway 63 interchange with adjacency to major national anchors.

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Warehouse with Dual Loading Access
Warehouse with Dual Loading Access

22 10th Street SW, Mason City, IA 50401

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Large warehouse with office accommodations, dock loading, basement storage, and railroad-side access.

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Automotive Service Property
Automotive Service Property

2401 4th St SW, Mason City, IA 50401

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Absolute NNN automotive service site leased to Jiffy Lube International under a long-term corporate lease structure.

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Austin, MN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Austin, MN on our real estate platform. These investment opportunities span a total of 48,198 square feet of properties for sale.

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Demographics Overview

Population 29K
Population Growth (5Y) +2.2%
Median Household Income $68,205
College Educated 32.8%

Taxes & Financing

Tax Rate (average for all types) 2.17%
Property Tax per SF $28.68 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mower County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Austin fall within the 50,000 to 100,000 square foot range.

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