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Nicollet Plaza 108 S Minnesota Ave 17,024 SF 55% Leased Retail Building Saint Peter, MN 56082 $1,589,000 ($93.34/SF) 8.05% Cap Rate
INVESTMENT HIGHLIGHTS
- • High visibility along main throughfare along Hwy 169 – daily traffic counts over 19,845 VPD
- • New commercial developments in this area
- • Newly remodeled building with room for an owner-user space
- • Close Proximity to Mankato with easy access to Twin Cities
- • Plenty of Parking
- • Great investment property with good mix of tenants
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Freeway Visibility
- Signage
- Enclosed Mall
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Move in ready office space for lease in the newly renovated Paddlefish Brewery building. 1000 SF main level suite with 7 individual offices and private restroom available now. $1,333/month gross lease rate. All utility and CAM expenses included. Current tenants include Paddlefish Brewing Company, The Sherwin Group, KW Realty, Vet Pharmacy, GMTC and Great Wall restaurant. Now is the time to lock in your space in this exciting new project!
Newly added second level 3153 SF office sublease through August 31, 2026 with option to extend. Space includes spacious private offices with views of downtown St. Peter, an executive conference room, reception, and an employee break area with kitchen and seating. Furniture can be made available. Current lease rate is $3284/month gross lease.
| Space | Size | Space Use | Position | Available |
| 107 or 113 | 165 SF | Office | - | Now |
| 120B | 1,000 SF | Office | - | Now |
| Suites 109-115 | 121 SF | Office | - | Now |
| 200 | 3,153 SF | Office | - | Now |
107 or 113
| Size |
| 165 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
120B
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
Suites 109-115
| Size |
| 121 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
200
| Size |
| 3,153 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
107 or 113
| Size | 165 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
120B
| Size | 1,000 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Move in ready office space for lease in the newly renovated Paddlefish Brewery building. 1000 SF main level suite with 7 individual offices and private restroom available now. $1,333/month gross lease rate. All utility and CAM expenses included. Current tenants include Paddlefish Brewing Company, The Sherwin Group, KW Realty, Vet Pharmacy, GMTC and Great Wall restaurant. Now is the time to lock in your space in this exciting new project!
Suites 109-115
| Size | 121 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
200
| Size | 3,153 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Newly added second level 3153 SF office sublease through August 31, 2026 with option to extend. Space includes spacious private offices with views of downtown St. Peter, an executive conference room, reception, and an employee break area with kitchen and seating. Furniture can be made available. Current lease rate is $3284/month gross lease.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-19.412.3710 | Improvements Assessment | $609,200 |
| Land Assessment | $300,800 | Total Assessment | $910,000 |
PROPERTY TAXES
Presented by
Nicollet Plaza | 108 S Minnesota Ave
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