Map of Property

1920 Adams Street

1920 Adams St, Mankato, MN 56001

  • For Sale $3,150,000
  • Property Type Retail
  • Property Size 7,480 SF
  • Lot Size 1.18 Acre
  • Cap Rate % 6.17
  • Zoning B-3; Highway Business District
  • # of Floors 1
  • Parking Spaces Avail. 47
  • Parking Ratio 6.28 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1996
  • Date Updated Apr 29, 2024

Transwestern Midwest Capital Markets is pleased to present investors with the opportunity to acquire the 100% fee simple interest in 1920 Adams Street - a HyVee shadow anchored retail pad 100% occupied by Jersey Mikes, Five Guys and Noodles and Co.

Situated at the southwest corner of Adams and Haefner, the asset sits directly in the ingress/egress point for all HyVee shoppers. The 7,480 square foot retail center boasts a weighted average lease term of 5.92 years after recently extending Jersey Mikes for an additional 10 years and adding a brand new Noodles and Co. end cap and pick up window in 2022. With an internet-resistant tenant roster, 1920 Adams affords investors the ability to purchase a low-risk, hands-off, net-leased asset with built in rental increases.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Erik Coglianese Is this you?

Transwestern

(612) 359-1611

broker

Andrew Watson Is this you?

Transwestern

(312) 881-7065

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable

  • Bike Score ®

    64/100 Bikeable
Powered by Walk Score ®
  • City Mankato, MN
  • Zip Code 56001
  • Market Minneapolis St Paul

Points of Interest

  • Holiday

    0.05 miles

  • Holiday

    0.44 miles

  • Mills Fleet Farm Gas Station

    0.73 miles

  • Kwik Trip

    1.23 miles

  • Happy Dan's Gas Station

    1.58 miles

  • Casey's General Store

    2.10 miles

  • Casey's General Store

    2.68 miles

  • Kwik Trip

    2.73 miles

  • Cenex

    2.99 miles

  • Hy-Vee Gas

    3.10 miles

  • Biolife Plasma Services

    0.65 miles

  • Sakatah Singing Hills State Trail

    2.08 miles

  • Civic Center Ramp

    2.81 miles

  • Lot 23 "Free Lot"

    2.82 miles

  • Lot 19

    2.82 miles

  • Lot 22

    2.86 miles

  • Lot 16

    2.90 miles

  • Lot 21

    2.90 miles

  • Lot M

    2.90 miles

  • Cherry Street Parking Ramp

    2.93 miles

  • McDonald's

    0.03 miles

  • Applebee's

    0.04 miles

  • Dairy Queen

    0.07 miles

  • Olive Garden

    0.14 miles

  • Bakers Square

    0.31 miles

  • Culver's

    0.37 miles

  • Panda Express

    0.49 miles

  • Perkins

    0.52 miles

  • Erbert & Gerbert's

    0.59 miles

  • Slim Chickens

    0.64 miles

  • Hy-Vee

    0.14 miles

  • Target

    0.27 miles

  • River Hills Mall

    0.35 miles

  • JCPenney

    0.35 miles

  • Cub Foods

    0.43 miles

  • Walmart

    0.47 miles

  • APX Construction Group

    0.50 miles

  • Kohl's

    0.67 miles

  • ALDI

    0.81 miles

  • Madison East Center

    1.23 miles

Frequently Asked Questions

What is the lease rate for 1920 Adams Street?

Rental asking rate at 1920 Adams Street is $1,575,000.00/YR.

What is the total square footage of 1920 Adams Street?

1920 Adams Street totals 7,480 square feet.

When was this property built?

1920 Adams Street was built in 1996.

Looking for more in-depth information on this property?

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