201 Victory Dr, Mankato, MN 56001-5396
This 4,093 square foot retail space is situated in Victory Center, a well-established Mankato retail center with over 50 years of history. Located conveniently off Victory Drive and Madison Avenue, this property benefits from high visibility and accessibility, with approximately 23,000 vehicles passing daily, according to MNDOT traffic counts. The space currently features a layout suitable for medical use, including four exam rooms, three bathrooms, a waiting area/lobby, a lab, two offices, and ample storage. However, its adaptable design makes it suitable for a variety of retail businesses. The property includes convenient front and back access, sharing the common mall area with anchor tenants MGM liquor and River Bend Business Products. The asking price is $3411. The space is 4,093 square feet, situated on a 6.22-acre lot. The base rent is $10 per square foot per year, plus estimated operating expenses of $6.22 per square foot per year (NNN). This presents a unique opportunity to establish or expand your business in a thriving Mankato location. The property is located at 201 N Victory Drive Unit 211, Mankato, MN.
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MGM Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
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ATM Atm
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Anne Marie Gerber Midwife
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Anne Gerber Midwife
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Oz Tobacco Shop (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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