160 Tyler RdRed Wing, MN 55066

Property Details for 160 Tyler Rd

Year built

1983

Lot size

100.00 AC

Property size (Sq ft)

77,616 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

55.910.0020

APU

559100020

Description

This exceptional opportunity presents two available retail or office spaces within the thriving Red Wing Plaza in Red Wing, Minnesota. Located at 160 Tyler Rd S, 55066, this prime location boasts high visibility from Highway 61 W and Tyler Road S, benefiting from significant daily traffic flow. The property offers two suites: Suite B200, encompassing 2,000 square feet, and Suite B700, a larger space of 3,635 square feet. Suite B700 is an endcap unit, providing enhanced visibility. The plaza enjoys a strategic position near new residential developments and a bustling business corridor, ensuring a consistent stream of potential customers. This area is anchored by major retailers including Mayo Clinic, Target, Walmart, Menards, Aldi, and Walgreens, creating a strong retail environment. Current tenants at Red Wing Plaza include Verizon, Snap Fitness, Chuck & Don's, MGM Liquor, Great Clips, Subway, Papa Murphy's, and KO Storage, among others. The property offers pillar signage opportunities to maximize Highway 61 exposure. Flexible lease terms are available to accommodate various business needs, and build-to-suit options may be considered. This is an ideal location for businesses seeking high visibility and access to a substantial customer base in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $18,781,380

  6.5%

  $17,336,658

  7%

  $16,098,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,983,032

  Geo Method

  $9,983,032

• Alternative Use

  Use

  Valuation

  Residential

  $14,624,120

  Hospitality

  $13,395,615

  Educational

  $11,144,995

  Medical

  $11,528,288

  Retail

  $17,336,658

Location Insight

City

Red Wing

County

Goodhue

State

Minnesota

Latitude

44.5702

Longitude

-92.586

CBSA code

39860

CBSA name

RED WING, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.