1423 Riverfront Dr, Mankato, MN 56001
This exceptional 9,748 square foot office space, situated on a 0.65-acre lot at 1423 N Riverfront Drive in Mankato, Minnesota, presents a unique opportunity. The property is currently listed at $15 per square foot per year, with a triple net (NNN) lease structure. Common area maintenance (CAM) charges are an additional $2.50 per square foot per year. This end unit boasts a convenient location with easy access to Highway 14 and Riverfront Drive. The interior features approximately 2,850 square feet of fully furnished space, including a welcoming open reception area complete with a built-in desk and counter. Two private offices provide executive space, while a dedicated conference room offers a professional setting for meetings. The layout also includes approximately nine workstations, two bathrooms, and a well-equipped kitchen/break room with seating. Additional amenities include washer/dryer hookups, ample storage space, and a dedicated server room. For enhanced convenience and security, the unit offers two separate entrances, ideal for customer and employee access. The property's parking lot is currently undergoing repaving, ensuring a well-maintained and attractive exterior. This is an exceptional opportunity for a business seeking a move-in ready, fully furnished office space in a desirable Mankato location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.