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    OFF-MARKET Estimated value $3,255,000
    Grocery and convenience stores

    160 Tyler N Rd, Red Wing, MN 55066-1841

    77,616 SF 100 ac lot Built 1983
    Entity Owned Free & Clear
    Property ID
    US46-1258201
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1983
    Total area 77,616 SF
    Lot 100 ac (4,356,000 SF)
    APN 55.910.0020
    UPID US46-1258201
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ALDI Specialty Food Shop Supermarket
    • Red Wing Mall Shopping Center & Mall
    • KO Storage Storage Facility
    • Slumberland Furniture Furniture & Home Goods Home Decor Store
    • Fusion Dance Training Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.31M
    Blend (final) Blend
    $3.26M
    Owner & transaction history
    P M C ASSOCIATES INC
    P M C ASSOCIATES INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $4.9M +16.9%
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