1861 Adams St | Mankato, MN 56001
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1861 Adams St
Mankato, MN 56001
Adams Street Shops · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,988 SF
Building Class
C
Year Built/Renovated
1994/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.94 AC
Zoning
C
Parking
36 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
172’ on Adams St.
ABOUT 1861 ADAMS ST , MANKATO, MN 56001
Adams Street Shops is 100% occupied with the majority of the center occupied by national brands, Sleep Number and Buffalo Wings & Rings, both of which carry strong guaranties and provide an investor immediate stability. All tenants at the center operate under net leases, leaving the investor with minimal exposure to expense slippage. Lease expirations are also staggered, giving a hedge against lease roll over risk.
PROPERTY TAXES
| Parcel Number | R01-09-09-478-008 | Improvements Assessment | $1,469,300 |
| Land Assessment | $337,400 | Total Assessment | $1,806,700 |
PROPERTY TAXES
Parcel Number
R01-09-09-478-008
Land Assessment
$337,400
Improvements Assessment
$1,469,300
Total Assessment
$1,806,700
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