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Former Austin MN Shopko 1209 18th Ave NW
10,000 - 90,461 SF of Retail Space Available in Austin, MN 55912
Highlights
- Prime 90,000 square feet of retail space in Austin's bustling shopping district, the Austin Marketplace, with subdivision potential.
- Shared parking lot with national tenants like Marshalls, HyVee grocery, and Arby's, ensuring ample customer flow.
- Seamless access to Interstate 90 connects directly to Interstate 35, offering links to the Twin Cities and the greater Minnesota region.
- Conveniently located at the intersection of 15th Avenue NW and 14th Street NW with optimal visibility to over 35,000 vehicles daily.
- Alluring leasing options are available for various industries, including retail, restaurant, office, medical, and professional services.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,000-90,461 SF | Negotiable | $5.00 /SF/YR $0.42 /SF/MO $53.82 /m²/YR $4.48 /m²/MO $37,692 /MO $452,305 /YR | Triple Net (NNN) |
1st Floor
This former Shopko store boasts 90,461 square feet of prime retail space divisible into 10,000-square-foot units and features two dock doors.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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 broker 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.
PROPERTY FACTS FOR 1209 18th Ave NW , Austin, MN 55912
| Min. Divisible | 10,000 SF | Gross Leasable Area | 90,461 SF |
| Property Type | Retail | Year Built | 1984 |
| Property Subtype | Freestanding | Parking Ratio | 4.97/1,000 SF |
| Min. Divisible | 10,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 90,461 SF |
| Year Built | 1984 |
| Parking Ratio | 4.97/1,000 SF |
About the Property
1209 18th Avenue NW presents a prime commercial opportunity in Austin, Minnesota. Formerly Shopko, this property offers approximately 90,000 square feet of versatile retail space at the bustling intersection of 15th Avenue NW and 14th Street NW. This quasi-freestanding property boasts a strategic location within Austin's thriving retail landscape alongside recognized national tenants such as Marshalls, HyVee grocery, and Arby's. Ideal for traditional retail storefronts, restaurants, offices, medical facilities, or other professional services, the building also offers the flexibility to be subdivided into multiple commercial suites. Its strategic positioning ensures heavy cross-traffic visibility, with over 35,000 vehicles passing through the intersection of 15th Avenue and 14th Street, combined with Interstate 90, daily. Accessibility is a breeze, sharing a spacious parking lot with approximately 450 surface spaces and multiple ingress/egress points. Located within the Austin Marketplace, 1209 18th Avenue NW ensures significant foot and vehicle traffic, presenting a lucrative opportunity for discerning businesses seeking optimal exposure. Tenants will appreciate seamless access to Interstate 90, linking directly to Interstate 35, the main artery connecting Austin to the Twin Cities, Minneapolis, and Saint Paul. Woodcrest Capital welcomes first-time and franchise businesses to its centers with easy-to-read leases and flexible terms. Woodcrest is also sufficiently sophisticated to please the largest of national credit tenants. As a family-owned business with over 40 years in commercial real estate, Woodcrest owns and operates everything from Class A centers in the busiest neighborhoods to troubled centers it’s rehabilitating in struggling rural communities. Give Woodcrest a call today to find the right location for your business as they usually have multiple retail opportunities in the immediate area.
Marketing Brochure
DEMOGRAPHICS
Demographics
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| QDOBA | - | - | 3 min walk |
| Caribou Coffee | Cafe | $ | 5 min walk |
| Arby's | - | - | 5 min walk |
| Jimmy John's | Fast Food | $ | 7 min walk |
| Applebee's | American | $$$ | 7 min walk |
Retail |
||
|---|---|---|
| Pet Supplies Plus | Pet Shop/Supplies | 3 min walk |
| Marshalls | Dept Store | 2 min walk |
| Sherwin-Williams | Paint/Wallpaper | 7 min walk |
| Walmart | Dept Store | 8 min walk |
| Hy-Vee | Supermarket | 8 min walk |
Hotels |
|
|---|---|
| Cobblestone |
66 rooms
6 min walk
|
| AmericInn |
53 rooms
6 min walk
|
| DoubleTree by Hilton |
119 rooms
9 min walk
|
Leasing Team
Leasing Team
Chase Parten, Leasing Agent
Taylor Marks, Director of Brokerage
About the Owner
Presented by
Former Austin MN Shopko | 1209 18th Ave NW
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