200 Alton Ave, New Prague, MN 56071
For Lease
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This exceptional retail space, located at 200 Alton Ave in New Prague, Minnesota, offers 1,200 square feet of versatile commercial space within the larger New Prague Commons complex. The entire building encompasses 73,415 square feet, providing ample space for potential synergy with other businesses. This single-suite property is situated in Le Sueur County, zip code 56071, offering convenient access for customers and employees alike. The property is currently available for lease and presents a fantastic opportunity for a variety of retail businesses seeking a prominent location in a thriving community. The space is ready for immediate occupancy, allowing for a quick start to operations. With its strategic location and ample square footage, this retail space is ideal for businesses looking to establish a strong presence in the New Prague market. The property's address is easily accessible and benefits from high visibility, ensuring maximum exposure for your business. This is a rare opportunity to secure a well-positioned retail space in a desirable location. The 1,200 square feet provides ample room for a variety of retail configurations, allowing for customization to suit specific business needs. Don't miss this chance to secure your place in the vibrant New Prague business community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.