1035 Frontenac Dr Winona, MN 55987-2865
This exceptional investment opportunity presents a fully leased, 6,599 square foot Class B shopping center in Winona, Minnesota. Located at 1035 Frontenac Dr, 55987, this property boasts a prime location within a Walmart parking lot, ensuring high visibility and foot traffic. The center features three units, currently 100% occupied by tenants, including a national retailer, "suntan city", providing stability and consistent income. Built in 2012 on a 0.653-acre lot, the single-building property offers ample parking (10 spaces per 1,000 sq ft). The property is offered at $1,800,000, translating to $272.77 per square foot. The Triple Net (NNN) lease structure minimizes landlord responsibilities, while built-in rent bumps ensure future income growth. The property's Assessed Property Number (APN) is 324230040. This is a turnkey investment with a strong tenant mix and a highly desirable location, making it an ideal addition to any commercial real estate portfolio. The property includes an end cap unit with a drive-through facility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.