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    1270 State St Waseca, MN 56093
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    Property profile & analytics

    1270 State St, Waseca, MN 56093

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    • Lifestyle centers
    • 43,693 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 1270 State St

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This Class A, 43,693 square foot shopping center offers a unique leasing opportunity in Waseca, Minnesota. Currently, 38,000 square feet is available, divisible into spaces as small as 4,000 square feet, with a maximum contiguous space of 38,000 square feet. The property is situated on North State Street, the town's main thoroughfare, boasting high traffic counts. This location benefits from its proximity to major retailers including Walmart, O'Riley Auto Parts, Verizon, McDonald's, Burger King, Dairy Queen, Dollar Tree, Casey's General Store, and Quick Trip. The center's co-anchors include Bomgaars Fleet and Farm and Dr. Monson Optometry, providing strong synergy and attracting a diverse customer base. The former Cash Wise Foods and Liquor space presents a significant opportunity for a variety of retail uses. Waseca, the county seat of Waseca County, is a robust employment center and a popular seasonal lakes destination, serving a trade area of nearly 14,000 people, expanding significantly during the summer months. The property's location directly across from the junior/middle and senior high schools provides excellent visibility and accessibility. This is an exceptional opportunity to establish a presence in a thriving community with high foot traffic and strong demographics. The property is classified as Class A, reflecting its high quality and desirable features.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Waseca
    County
    Waseca
    State
    Minnesota
    Longitude
    -93.5071
    Latitude
    44.0902
    More about this property
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