507-720-4663
196 Saint Andrews Dr, Mankato, MN for Sale
Office - FOR SALE
1/11
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196 Saint Andrews Dr
Mankato, MN 56001
East Mankato


HIGHLIGHTS

  • Stable Occupancy - 100% leased, providing immediate cash flow.
  • NN Lease Structure - Tenant covers a portion of expenses, reducing ownership responsibilities.
  • Value-Add Potential: Opportunity to increase rents to market rates for enhanced returns.
  • High-Traffic Location - Over 9,000 vehicles per day (VPD) pass the property, ensuring strong visibility.
  • Prime Accessibility - Close to major retailers and positioned near four-lane Highway 14, providing excellent connectivity.
  • Modern Construction - Built in 2013, offering contemporary office amenities and efficiency.

OVERVIEW

This premier professional office building, constructed in 2013, offers 7,405 square feet of high-quality office space with an additional 2,085 square feet of mezzanine office space. Situated on a .571 -acre site, the property enjoys high visibility on Victory Drive, near the St. Andrews Office Park. The building is fully occupied, making it an attractive investment opportunity for investors seeking a stable, income-producing asset with long-term upside potential.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Victory View

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

B-3

APN/PARCEL ID

R01-09-09-126-024

ASK ABOUT THIS PROPERTY

Carlos CarreraRE/MAX Dynamic AgentsMore Info
507-720-4663

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Carlos CarreraRE/MAX Dynamic AgentsMore Info
507-720-4663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.