1035 Frontenac DrWinona, MN 55987

For Sale
$1,800,000

Fully Leased Shopping Center, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully leased, 6,599 square foot Class B shopping center in Winona, Minnesota. Located at 1035 Frontenac Dr, 55987, this property boasts a prime location within a Walmart parking lot, ensuring high visibility and foot traffic. The center features three units, currently 100% occupied by tenants, including a national retailer, "suntan city", providing stability and consistent income. Built in 2012 on a 0.653-acre lot, the single-building property offers ample parking (10 spaces per 1,000 sq ft). The property is offered at $1,800,000, translating to $272.77 per square foot. The Triple Net (NNN) lease structure minimizes landlord responsibilities, while built-in rent bumps ensure future income growth. The property's Assessed Property Number (APN) is 324230040. This is a turnkey investment with a strong tenant mix and a highly desirable location, making it an ideal addition to any commercial real estate portfolio. The property includes an end cap unit with a drive-through facility.

Highlights

  • Fully leased 6,599 SF Class B shopping center in Winona, MN.
  • Prime location in Walmart parking lot, ensuring high visibility and traffic.
  • 100% occupancy with a national retailer ("suntan city") among tenants.
  • Triple Net (NNN) lease structure with built-in rent increases.
  • Offered at $1,800,000 ($272.77/SF); includes end-cap unit with drive-through.

Property Details for 1035 Frontenac Dr

Property type
Lifestyle centers, Power centers
Square Feet
6,599 SF
Class
B
Year Built
2012
Buildings
1
Lot Size (sq. ft)
28,445 SF
Units
3

Location Insight

City
Winona
County
Winona
State
Minnesota
Latitude
44.0347376
Longitude
-91.6162469
1035 Frontenac Dr, Winona, Minnesota

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1035 Frontenac Dr
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