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1601 Lor Ray Dr
North Mankato, MN 56003
Former Taco John's Institutional Owner · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 1601 Lor Ray Drive is a 2,679-SF freestanding retail fast-food asset, formerly a Taco John’s, on a 0.8-acre lot in North Mankato, Minnesota.
  • Zoned for general commercial, this value-added retail asset offers new owners the flexibility to reimagine the space to meet growing demand.
  • On a corner lot that gets great visibility to over 9,000 daily vehicles along main road that leads to downtown Mankato.
  • Located along a main thoroughfare and just off Highway 14, the asset is minutes from downtown Mankato and 90 minutes to the Twin Cities.
  • Equipped with a drive-thru, multiple ingress/egress points, building and pylon signage, commercial kitchen, ADA accessibility, and great parking.
  • Near area demand drivers and national retailers like Chipotle, Starbucks, Walgreens, Culver's, and more.

PROPERTY FACTS

Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,679 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.80 AC
Parcel Number
R-18.714.0020
Parking
41 Spaces (15.3 Spaces per 1,000 SF Leased)
Frontage
198’ on Lor Ray Dr

AMENITIES

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru
  • Listing ID: 31610924

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 1601 Lor Ray Dr, North Mankato, MN 56003

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