1103 Range St North Mankato, MN 56003
This exceptional retail building, located at 1103 Range St in North Mankato, Minnesota, offers 15,434 square feet of completely vacant space, ideal for multiple tenants. The property is situated on a 29,708 square foot lot and features flexible space options, with a minimum divisible unit of 1,513 square feet and larger spaces available up to 5,040 square feet. The building enjoys a prime location along Highway 169, a major thoroughfare boasting 25,400 vehicles per day, providing excellent visibility and accessibility for businesses. Scheduled improvements to Highway 169 and Webster Avenue, including the construction of a roundabout at the entrance to the development in 2027, are anticipated to further enhance visibility and ease of access for customers. This strategic location in Nicollet County, with a zip code of 56003, presents a unique opportunity for businesses seeking high traffic exposure and a strong presence in the thriving North Mankato market. The property's modern design and convenient location make it an attractive option for a variety of retail uses. This is a rare chance to secure space in a brand-new development with significant growth potential.
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.