895 Madison Ave | Mankato, MN 56001
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- LoopNet Team
895 Madison Ave
Mankato, MN 56001
Starbucks Mankato · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property is a newly constructed (2024) Starbucks with Drive-Thru. The fresh 10 year lease has rent increases every five years.
- The site is adjacent to a newly opened $155 million hospital expansion from Mayo Clinic Health System.
- College Town – Mankato is home to Minnesota State University which has enrollment of over 14,000 students.
- The property is located on a signalized intersection of Madison Avenue the premiere retail corridor in Mankato, MN.
- The Madison Avenue retail corridor features numerous national retailers including CVS, Aldi, Walmart, Cub Foods, Sams Club, T.J. Maxx and many more.
- Starbucks has an S&P Investment Grade Credit rating of “BBB+” and is ranked #116 on the Fortune 500 List with an Annual Revenue over $36 Billion.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,020 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.17 AC
Frontage
203’ on Madison Avenue
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | R01-09-17-126-005 | Improvements Assessment | $4,000 |
| Land Assessment | $67,000 | Total Assessment | $71,000 |
PROPERTY TAXES
Parcel Number
R01-09-17-126-005
Land Assessment
$67,000
Improvements Assessment
$4,000
Total Assessment
$71,000
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