Retail Space
1861 Madison Avenue Mankato, MN 56001
Details & Description
Price: $3,114,738
    Brisky Net Lease is pleased to offer this Bakers Square restaurant in the vibrant southern Minnesota community of Mankato. This long established Bakers Square has an NNN Lease with zero landlord responsibilities. The building features over 5,000 SF on a 1+ acre corner lot, high traffic counts, & superb access. Appreciate great underlying real estate with possible potential for future redevelopment.Mankato is located 80 miles southwest of Minneapolis and just 50 miles north of the Iowa border. The community serves as an economic and shopping hub for a large surrounding area in southern Minnesota. This Bakers Square is located at the center of a larger retail corridor that includes several national retail tenants such as Walmart, Sam's Club, T.J. Maxx, Petco, Michaels, Five Below, ULTA, Hy-Vee and the River Hills Mall in close proximity. The community has strong demographics and a consistently growing population.Known for incredible pies, Bakers Square pies have placed first in the American Pie Council National Pie Championships not once, but over 300 times in the last decade. Bakers Square was founded in 1969 as Mrs. C's in Des Moines, Iowa. In July 2021, VIBSQ Holdings was sold to BBQ Holdings, Inc. and is now owned and managed by the parent company of Famous Dave's BBQ.
    Property ID:    300037
    Property URL: melqr.com/300037
    Generated:    04-20-24
    Property Highlights
    Additional Photos
    Listing Agents
    Brian Brisky

    O: 612-413-4200
    M: 715-529-4441
    info@brisky.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Minnesota / Mankato / 56001 / 1861 Madison Avenue

    1861 Madison Avenue

    Mankato, MN 56001

    No Longer Listed
    • 1861 Madison Avenue Mankato, MN 56001 | for Sale | Photo 1
    • 1861 Madison Avenue Mankato, MN 56001 | for Sale | Photo 2
    • 1861 Madison Avenue Mankato, MN 56001 | for Sale | Photo 3
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    • 1861 Madison Avenue Mankato, MN 56001 | for Sale | Photo 5
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    Price
    $ /mo
    Property Highlights
    Absolute NNN Lease with Zero Landlord Responsibilities
    High Profile Location with Great Underlying Real Estate
    Surrounded by National Retail Tenants
    Close Proximity to River Hills Mall
    Longterm Established Tenant
    Description

    Brisky Net Lease is pleased to offer this Bakers Square restaurant in the vibrant southern Minnesota community of Mankato. This long established Bakers Square has an NNN Lease with zero landlord responsibilities. The building features over 5,000 SF on a 1+ acre corner lot, high traffic counts, & superb access. Appreciate great underlying real estate with possible potential for future redevelopment.

    Mankato is located 80 miles southwest of Minneapolis and just 50 miles north of the Iowa border. The community serves as an economic and shopping hub for a large surrounding area in southern Minnesota. This Bakers Square is located at the center of a larger retail corridor that includes several national retail tenants such as Walmart, Sam's Club, T.J. Maxx, Petco, Michaels, Five Below, ULTA, Hy-Vee and the River Hills Mall in close proximity. The community has strong demographics and a consistently growing population.

    Known for incredible pies, Bakers Square pies have placed first in the American Pie Council National Pie Championships not once, but over 300 times in the last decade. Bakers Square was founded in 1969 as Mrs. C's in Des Moines, Iowa. In July 2021, VIBSQ Holdings was sold to BBQ Holdings, Inc. and is now owned and managed by the parent company of Famous Dave's BBQ.

    Mankato Area Market Trends

    Listing Demographics for 1861 Madison Avenue Mankato, MN 56001

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,58932,69757,218
    Population Median Age403435
    Population by Age0-9 Yrs306 (8%)3122 (9%)6402 (11%)
    10-19 Yrs586 (16%)4681 (14%)8196 (14%)
    20-29 Yrs551 (15%)10550 (32%)14962 (26%)
    30-39 Yrs414 (11%)3779 (11%)7150 (12%)
    40-49 Yrs461 (12%)2742 (8%)5096 (8%)
    50-59 Yrs313 (8%)2360 (7%)4901 (8%)
    60-69 Yrs491 (13%)2914 (8%)5583 (9%)
    70+ Yrs466 (12%)2549 (7%)4928 (8%)
    Median HH Income$56,922$49,483$57,389
    Total Household Income< 24K262 (17%)3274 (24%)4672 (20%)
    25-49K314 (20%)3354 (25%)5412 (23%)
    50-74K356 (23%)2250 (17%)3939 (17%)
    75-99K190 (12%)1763 (13%)3241 (14%)
    100-199K295 (19%)2214 (16%)4499 (19%)
    200K+81 (5%)307 (2%)850 (3%)
    Highest Education LevelNo Diploma23910631722
    Diploma or GED64640947750
    Some College37636756426
    Assoc. Degree26420643823
    Bachelors Degree54341518405
    Higher Degree27020114246
    Total Housing Units1,60114,27524,501
    --Owner-Occupied8606,15812,654
    --Renter-Occupied6377,0049,960
    Owner-Occupied Values< 100K1008621514
    100-199K24927205136
    200-299K34517713973
    300-399K1194661083
    400-499K19141400
    500K+28197549
    Total Working Age Population2,87127,78047,452
    In Work Force1,89620,07334,014
    Not In Work Force9757,70713,438
    Workforce Employed1,75019,10632,527
    Workforce Unemployed1439361,425
    Civlian Workforce1,89420,04233,952
    Military Workforce23162
    Total Households1,49713,16222,614
    Family Households8606,21512,127
    Non-Family Households6376,94710,487
    Married Couple5934,2048,815
    Other Family2672,0103,312
    Married w/Child2661,7633,576
    Single Male w/Child78493796
    Single Female w/Child857181,265

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Minnesota4,919,479+85,303,925+75,687,161+55,974,304
    Nicollet County29,771+1032,727+433,965+234,748
    Blue Earth County55,941+1464,013+768,348+471,389

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1861 Madison Avenue in Mankato?
    The asking price for 1861 Madison Avenue is $3,114,738
    What is the building size of this Retail property in Mankato, MN?
    The size of the building/unit at 1861 Madison Avenue in Mankato is 5,045 square feet
    How much land does the Mankato, MN property at 1861 Madison Avenue include?
    1861 Madison Avenue in Mankato includes 1.380 acres of land
    What kind of Retail is the propery at 1861 Madison Avenue?
    The property at 1861 Madison Avenue Mankato, MN 56001 is listed as a Food Service Retail property
    What is the population within 1 mile of 1861 Madison Avenue in Mankato?
    The population within 1 mile of 1861 Madison Avenue Mankato, MN 56001 is 3,589 people.
    Who do I contact for questions about 1861 Madison Avenue?
    You should contact the listing agent, Brian Brisky, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 61
    Rochester International Airport (RST) 74
    Sioux Gateway Airport / Brigadier General Bud Day Field (SUX) 173
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    No Longer Listed
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