Contact for Price SALE
Retail
1123 S. Minnesota Avenue
St. Peter, MN 56082 Multi-Tenant Highway Retail Center



FULLY LEASED INVESTMENT! The building is 100% leased to three (3) high quality regional and national credit tenants: Dunkin Donuts, AT&T and CCF Bank. Fully leased through 2022, the investment will generate predictable cash flow in the short term. Brand new construction with Highway 169 frontage, the property offers excellent curb appeal and visibility, ample on-site parking and two drive-thru lanes serving the end-cap tenants. This is a high quality neighborhood retail strip center with in-place lease income. For more information on this property, click here.


Property Type Retail
Year Built 2017
Listing ID NPPJ6D
Style Retail Bldg -Local Strip

Property Highlights

14 Parking Stalls

Local and Regional Credit Tenants

Approximately $120,500 in First Year NOI . Predictable Income over Investment Hold Period .

Two (2) drive-thrus serving End-Cap Tenants

High Quality New Construction

100% Leased New Construction Strip Center

Area Description

Area Description: With frontage along the east side of Minnesota Avenue (Highway 169) in the heart of St. Peter, MN - the Property is approximately sixty (60) miles southwest of the Minneapolis/St. Paul area and roughly ten (10) miles north of Mankato. The Property is situated in the Greater Mankato Statistical Area, home to roughly 97,500 residents, a diverse and thriving economy and a high quality of life for its residents.

Property Features
Lot Size: 1-2 Acres
Age: New Construction
Water: City Water
Sewer: City
Additional Media Area Demographics