- For Sale $7,200,000
- Property Type Retail - Street Retail
- Property Size 40,389 SF
- Units 13
- Lot Size 4.07 Acre
- Property Tenancy Multi-Tenant
- Year Built 2001
- Date Updated Jun 10, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Dynamic Trade Area - Red Wing serves as a significant retail hub in southeast, MN drawing consumers from beyond its city limits. 52% of its shoppers are non-residents.
- Long Term Tenancy - Approximately 50% of the GLA are original tenants and have been at the Property for 23+ years.
- Main & Main in the trade area - The Property is located at Main & Main in the trade area, surrounded by national retailers including Target, Walmart, Menards and Aldi with 29,400 cars per day.
- Stable Rent Roll - Minimal near-term lease expiration with no tenants’ leases expiring in the first year of the hold period.
- Strong Performing tenants - The tenants in the Property are strong performers within their competitive set, according to Placer.ai.
- Tourist Destination - Red Wing ranks as a top weekend destination for tourism, nestled along the banks of the Mississippi river and known for its natural beauty, historic charm and small-town feel bringing millions of dollars annually to the local economy.
- Value Creation - With low average rent of $14.45 per square foot, the Property offers the opportunity to increase rent to market as leases expire.
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Contacts
Location
Getting Around
-
Walk Score ®
52/100 Somewhat Walkable
-
Bike Score ®
40/100 Somewhat Bikeable
- City Red Wing, MN
- Zip Code 55066
Points of Interest
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Speedway
0.16 miles
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Kwik Trip
1.92 miles
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BP
2.28 miles
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Gernentz Auto Service
2.59 miles
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Arco
3.84 miles
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Dakota Station
5.55 miles
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Cannon Valley Trail
0.90 miles
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Powerline Parking Lot
3.45 miles
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Natural/Grass Surface Parking Lot, John Murtaugh Memorial WMA
7.15 miles
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Parking Lot, John Murtaugh Memorial WMA
7.15 miles
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Parking Lot,
9.67 miles
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Culver's
0.07 miles
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Applebee's
0.26 miles
-
McDonald's
0.51 miles
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Godfather's Pizza
1.29 miles
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Perkins
1.30 miles
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Smokin' Oak
1.31 miles
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The Mac Shack & Specialties
2.17 miles
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Subway
2.17 miles
-
Dairy Queen
2.27 miles
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Randy's
2.34 miles
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EconoFoods
0.05 miles
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Target
0.26 miles
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ALDI
0.28 miles
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Walmart Supercenter
0.29 miles
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TJ Maxx
0.32 miles
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Family Fare
2.39 miles
-
Koplin's Village Market
2.63 miles
Frequently Asked Questions
The space currently listed for sale at Red Wing Plaza asks for $7,200,000.
Red Wing Plaza totals 40,389 square feet.
Red Wing Plaza was built in 2001.
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Mid-America