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1920 Adams St
Mankato, MN 56001

Mankato Center · Retail Property For Sale

Investment Highlights

  • features a diverse mix of national-credit tenants; Noodles and Co, Five Guys, and Jersey Mike's Subs.
  • Providing excellent visibility and access to the property. Mankato is a strong retail trade area in the southern MN area with a massive regional mall.
  • The property is conveniently situated a block off the Cty Hwy 14 exit on the corner of Cty Rd 22 and Adams Street.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,480 SF
Building Class
B
Year Built
1996
Price
$4,536,315 CAD
Price Per SF
$606 CAD
Cap Rate
6.26%
NOI
$283,824 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.18 AC
Zoning
B-3
Parking
47 Spaces (6.28 Spaces per 1,000 SF Leased)
Frontage
271 ft on Adams St

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R01-09-10-301-007
Land Assessment
$442,545 CAD
Improvements Assessment
$1,342,127 CAD
Total Assessment
$1,784,672 CAD
  • Listing ID: 33451022

  • Date on Market: 2024-10-08

  • Last Updated:

  • Address: 1920 Adams St, Mankato, MN 56001

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