1850 Adams StMankato, MN 56001

For Lease
$1/SF/YR

Mankato, MN Shopping Center Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional retail space, located within the premier River Hills Mall in Mankato, Minnesota, offers 5,000 square feet of prime commercial real estate. Situated in a thriving regional mall with over 4.5 million annual visits and an average visit duration of 60 minutes, this property boasts high traffic and excellent visibility at the intersection of HWY 22 & 14. The space is part of a 726,795 square foot, single-story shopping center built in 1991, featuring strong anchor stores such as Barnes & Noble, JCPenney, Scheels, and Target, along with a diverse range of other retailers. This location benefits from its proximity to major roadways, ample parking (305 spaces), and a strong local economy driven by agriculture, healthcare, manufacturing, retail, and higher education. The space itself includes approximately 4,500 square feet of sales floor, two small backrooms (approximately 250 square feet each), a built-in cash wrap, a combination of standard and slat wall displays, four dressing rooms, and a restroom. The property also offers convenient backdoor access to the parking lot and boasts 61 feet 10 inches of frontage. The mall is a major tourist attraction serving Southern Minnesota and Northern Iowa, drawing from a regional population of 287,175 people. The property is zoned 3A-Commercial/Industrial/Public Utility and sits on a 1.64-acre lot (APN: R010909426043). This is a remarkable opportunity to establish or expand a retail business in a high-traffic, family-friendly environment within a rapidly growing market. The mall's location in Mankato, a city experiencing growth 12 times faster than comparable cities, ensures a strong potential for return on investment. The property is part of a larger shopping center with a Cinemark movie complex, a carousel, and a food court, further enhancing its appeal to shoppers.

Highlights

  • Retail space available in River Hills Mall, Mankato, MN, a regional mall with 726,795 square feet.
  • Located at the intersection of Hwy 22 & Hwy 14, offering high traffic and visibility.
  • One available suite of approximately 5,000 square feet, located in the Scheels wing, with 61' 10" of frontage.
  • Features include built-in cash wrap, slat wall, four dressing rooms, and a restroom.
  • The mall boasts strong anchor tenants (Barnes & Noble, JCPenney, Scheels, Target) and receives 4.5 million visits annually, with an average visit duration of 60 minutes.

Property Details for 1850 Adams St

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
726,795 SF
Year Built
1991
Stories
1

Unit(s) available at that property

Space
334
Size
5,000 SF
Rate per SF
$1

Location Insight

City
Mankato
County
MN
State
Minnesota
Latitude
44.1729221
Longitude
-93.9538825
1850 Adams St, Mankato, Minnesota

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1850 Adams St
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