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Mankato, MN NNN Properties for Sale

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Mister Car Wash Investment Opportunity
Updated: Mar 25
Mister Car Wash Investment Opportunity

1541 Madison Avenue, Mankato, MN 56001

Contact for pricing
16,807 sqft
Corporate guarantee from Mister Car Wash (NASDAQ: MCW), the largest car wash operator in North America
Absolute net leased asset with 13.5 years of lease term remaining, offering a truly hands‑off investment
Located in the heart of the primary retail corridor on Madison Avenue in Mankato, a high‑traffic area
Attractive rent increases are built into the lease
Mister Car Wash has over 500 locations, demonstrating financial strength and market dominance
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: NNN for sale in Mankato, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Freestanding Retail Building
Freestanding Retail Building

12400 Castlemoor Dr, Eden Prairie, MN 55344

$13,370,000
41,021 sqft

A net-leased property with a long-term master lease and sublease structure.

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Single-Tenant NNN Drive-Through Property
Single-Tenant NNN Drive-Through Property

4100 Village Lake Drive, Prior Lake, MN 55372

Contact for pricing
554 sqft

A 2023-built Caribou Coffee location is supported by a long-term lease structure with scheduled rental increases.

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Day Care Center with NNN Lease
Day Care Center with NNN Lease

3830 Fountain Hills Drive Northwest, Prior Lake, MN 55372

Contact for pricing
11,320 sqft 2.00 AC lot

An established childcare facility occupies a sizable building on an approximately two-acre site in Prior Lake.

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Single-Tenant Car Wash
Single-Tenant Car Wash

8340 CRYSTAL VIEW RD, Eden Prairie, MN 55344

Contact for pricing

The absolute NNN lease places no landlord responsibilities on the owner and provides scheduled annual rent increases.

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Mankato, MN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Mankato, MN on our real estate platform. These investment opportunities span a total of 16,807 square feet of properties for sale.

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Demographics Overview

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

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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