Property profile

1151 Rd Worthington, MN 56187

OFF-MARKET
Retail properties & Spaces
29,596 SF
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Property summary

AI-generated overview

Worthington Shopping Center presents a unique retail investment opportunity. This 29,596 square foot Walmart shadow center boasts a prime location off Ryans Rd in Worthington, benefiting from the significant draw of a high-performing Walmart with 2.1 million annual visits. This substantial foot traffic extends from Worthington and neighboring communities, ensuring consistent customer flow. The center is strategically positioned directly adjacent to the Walmart and across the street from Tractor Supply Co., maximizing visibility and accessibility. Currently, 1,601 square feet of retail space is available for lease within this multi-tenant property. Existing anchor tenants include Hibbett Sports and Maurice's, further solidifying the center's appeal and attracting a diverse customer base. The surrounding area features a robust retail landscape, including national brands such as Starbucks, Hyvee, Scooter's Coffee, and Walgreens, creating a synergistic environment for businesses seeking high visibility and strong consumer traffic. This location is ideal for a variety of retail businesses, healthcare services, or restaurants seeking a thriving commercial environment. The property offers excellent potential for growth and profitability within a well-established and highly visible retail corridor.

Property profile

Verified
Property type Retail properties & Spaces
Total area 29,596 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1151 Rd Worthington, MN 56187
Worthington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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