1832 Cedar Ave Owatonna, MN 55060
This exceptional 3,400 square foot retail space is ideally situated at 1832 Cedar Avenue S in Owatonna, Minnesota. Boasting a prominent location with high traffic counts averaging 8,400 vehicles daily, this property offers unparalleled visibility for your business. The 0.95-acre lot provides ample space and accessibility. The property is available on a gross modified lease, making budgeting straightforward. This location benefits from its close proximity to major highways, ensuring convenient access for customers and employees. A significant advantage is the proximity to the Federated Insurance headquarters, employing 1,500 individuals, creating a substantial pool of potential customers. The average household income within a five-mile radius is $78,295, indicating a strong consumer base with significant spending power. Furthermore, buildout options are available, allowing for customization to perfectly suit your business needs and vision. This is a rare opportunity to establish your business in a high-traffic, high-income area with excellent visibility and convenient access. Don't miss this chance to secure a prime retail location in a thriving Owatonna community. Contact us today to learn more and schedule a viewing.
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.