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Mankato, MN NNN Properties for Sale

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Retail Space in Prime Location
Updated: Feb 26
Retail Space in Prime Location

2020 Adams St, Mankato, MN 56001

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23,503 sqft
Adjacent to Top‑Performing Hy‑Vee Grocery Anchor, ranked in the 96th percentile nationwide and the top location in Minnesota.
Located in a Dominant Retail Corridor near Highways 14 and 22, offering high visibility and accessibility.
Long‑Term Tenant – Office Depot/OfficeMax with approximately two years remaining on the current lease and four five‑year renewal options with scheduled rent increases.
Located in Mankato, a regional hub serving approximately 1.6 million people.
Strong Market & Demographics – Mankato–North Mankato MSA has over 100,000 residents and average household incomes above $90,000.
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Stabilized Retail Strip Center
Updated: Mar 6
Stabilized Retail Strip Center

511 Holly Ln, Mankato, MN 56001

$3,490,000
True NNN lease structure offering passive income and minimized landlord responsibilities.
Excellent visibility and accessibility in a high‑traffic commercial corridor off Madison Avenue.
Located in a vibrant retail hub with strong neighboring tenants, including national brands.
Financially responsible tenants with 2‑7 year leases and options.
Professionally managed property.
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Mister Car Wash Investment Opportunity
Mister Car Wash Investment Opportunity

1541 Madison Avenue, Mankato, MN 56001

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Net leased Mister Car Wash in Mankato's primary retail corridor.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Mankato, 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.

Minneapolis AutoZone Investment Opportunity
Minneapolis AutoZone Investment Opportunity

2610 East Lake Street, Minneapolis, MN 55406

$3,520,000
10,886 sqft 0.75 AC lot

NNN leased AutoZone in Minneapolis with long-term lease.

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Minneapolis AutoZone Investment Opportunity
Minneapolis AutoZone Investment Opportunity

2610 E Lake St, Minneapolis, MN 55406

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10,886 sqft 0.75 AC lot

Single-tenant AutoZone with long-term lease and rent increases.

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Freestanding Day Care Center
Freestanding Day Care Center

14730 Excelsior Blvd, Minnetonka, MN 55345

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10,153 sqft

Built in 2017 with an absolute NNN lease to Everbrook Academy and scheduled rent increases every five years.

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Established Walgreens in Minnetonka
Established Walgreens in Minnetonka

4590 County Rd 101, Minnetonka, MN 55345

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12,544 sqft

Walgreens with drive-through on hard corner with 9+ years remaining.

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Mankato, MN Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Mankato, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 23,503 square feet of properties for sale, with an estimated market value of $3,490,000.

Sale prices for triple net lease properties in Mankato, MN average $3,490,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 66K
Population Growth (5Y) +5.3%
Median Household Income $70,313
College Educated 26.5%

High-Yield Neighborhoods for Investment

Identify Mankato submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56001 $3.5M

Taxes & Financing

Tax Rate (average for all types) 2.45%
Property Tax per SF $31.30 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mankato fall within the 100,000+ square foot range.

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