2024 Adams St | Mankato, MN 56001
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2024 Adams St
Mankato, MN 56001
Goodwill · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This lease features an absolute triple net structure, which obligates the tenant to pay for all expenses involving the property
- Goodwill Easter-Seals was founded in 1919 and has a history of sustained success
- he site is well positioned off of US-14 and MN-22, which serve nearly 25,000 and over 19,000 vehicles per day, respectively
- There is an opportunity for additional income with the lease obligating the tenant to reimburse for management fees
- The area is expected to have 10% growth in population and 13% growth in income within a 1 mile radius over the next 10 years
- The property is located within a dense retail corridor featuring brands such as Target, Cub Foods, Best Buy, PetSmart, & more
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,776 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.99 AC
Zoning
B-1
PROPERTY TAXES
| Parcel Number | R01-09-10-301-011 | Improvements Assessment | $1,832,900 |
| Land Assessment | $521,000 | Total Assessment | $2,353,900 |
PROPERTY TAXES
Parcel Number
R01-09-10-301-011
Land Assessment
$521,000
Improvements Assessment
$1,832,900
Total Assessment
$2,353,900
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