340 Webster Ave North Mankato, MN 56003
For Lease
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This exceptional Class A retail building, completed in 2024, offers three available suites totaling 8,881 square feet in North Mankato, Minnesota. Located at 1105 Range St, zip code 56003, this property sits on a generous 29,708 square foot lot and enjoys excellent visibility and accessibility from Highway 169. Each suite is individually divisible, with a minimum leasable area of 2,881 square feet and a maximum contiguous space of 3,000 square feet. The building features a single story design, providing convenient access for tenants and customers. Highway 169 sees a high volume of 25,400 vehicles per day, ensuring significant exposure for businesses located within this development. Planned improvements to Highway 169 and Webster Avenue, including a roundabout scheduled for 2027, are expected to further enhance visibility and accessibility to the property, creating a safer and more convenient environment for both drivers and pedestrians. This presents a unique opportunity for businesses seeking a high-traffic location in a thriving Minnesota market. The property is currently entirely vacant, offering a blank canvas for prospective tenants.
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
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.