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Stadium Centre 340 Stadium Rd
6,556 SF of Retail Space Available in Mankato, MN 56001
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 6,556 SF | Negotiable | £10.17 /SF/PA £0.85 /SF/MO £109.49 /m²/PA £9.12 /m²/MO £66,687 /PA £5,557 /MO | Triple Net |
340 Stadium Rd - 1st Floor
Situated conveniently on Stadium Road, just two blocks away from the bustling Minnesota State University, Mankato Campus, and surrounded by various apartment and housing complexes, this laundromat presents a prime investment opportunity. Ideal for entrepreneurs seeking to locally operate their laundry business, the strategic location ensures a steady flow of potential customers from the university community and nearby residential areas. High Foot & Vehicular Traffic Open Plan to Improve if needed Large Windows Passive Income Opportunity The existing suite features expansive interiors with large windows allowing natural light into the space. Beyond its ample size, the suite provides the added convenience of off-street parking spaces and an array of amenities designed to elevate your experience. With its versatile layout, this space is suitable for various uses, such as a passive income as a laundry mat business or exploring other potential business endeavors. Building Size 6,556 sqft Lot Area 42,156 sqft Lease Type Absolute NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 10 Parking spots
- Lease type Absolute NNN
- expansive interiors with large windows
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Stadium Centre
- Tenant
- Description
- US Locations
- Reach
- High Spirits Liquor
- Liquor
- 1
- -
- Smokers Choice
- Tobacco
- 80
- National
| Tenant | Description | US Locations | Reach |
| High Spirits Liquor | Liquor | 1 | - |
| Smokers Choice | Tobacco | 80 | National |
PROPERTY FACTS FOR 340 Stadium Rd , Mankato, MN 56001
Nearby Major Retailers
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Stadium Centre | 340 Stadium Rd
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