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1720 Bassett Dr 3,762 SF of Retail Space Available in Mankato, MN 56001
HIGHLIGHTS
- Turnkey childcare configuration
- Flexible multi-use layout
- Efficient parking and circulation
- Code-compliant infrastructure
- High-visibility Hilltop location
- Adaptable professional layout
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,762 SF | Negotiable | $22.22 CAD/SF/YR $1.85 CAD/SF/MO $83,604 CAD/YR $6,967 CAD/MO | Triple Net (NNN) |
1st Floor
This turnkey childcare facility at **1720 Basset Drive** delivers an immediate operational runway for daycare operators, early-education providers, or compatible service-based users seeking a fully built, code-compliant environment in Mankato’s thriving Hilltop district. The suite features a purpose-designed layout with dedicated classrooms, secure check-in zones, age-appropriate restrooms, integrated storage, and flexible activity rooms engineered to support smooth student flow and staff oversight. Existing life-safety systems, handwashing stations, durable finishes, and thoughtfully segmented spaces minimize startup time and reduce capital outlay for incoming tenants. The property’s efficient floor plan supports licensing requirements and fosters a safe, structured learning environment, while its adaptable design allows for conversion to tutoring centers, therapy practices, enrichment programs, or other family-oriented services. Large windows, high ceilings, and modern mechanicals enhance comfort and operational continuity. Exterior amenities—including ample surface parking, dedicated drop-off/pick-up circulation, and quick access to Madison Avenue and Highway 22—bolster parent convenience and elevate daily throughput. Surrounded by dense residential neighborhoods and key community destinations, this location offers sustained demand drivers and brand visibility. With infrastructure already in place, tenants can plug in and accelerate growth immediately, capturing the momentum of one of Southern Minnesota’s most active commercial corridors.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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.
SELECT TENANTS AT 1720 BASSETT DR, MANKATO, MN 56001
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Habitat For Humanity
- Other Services
- 1,518
- International
- Midnight Sun Spas
- Health & Beauty Aids
- 1
- -
- Patience N Bubbles Childcare
- Daycare
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Habitat For Humanity | Other Services | 1,518 | International |
| Midnight Sun Spas | Health & Beauty Aids | 1 | - |
| Patience N Bubbles Childcare | Daycare | 1 | - |
PROPERTY FACTS
| Total Space Available | 3,762 SF | Gross Leasable Area | 3,762 SF |
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Day Care Center | Parking Ratio | 10.1/1,000 SF |
| Total Space Available | 3,762 SF |
| Property Type | Retail |
| Property Subtype | Day Care Center |
| Gross Leasable Area | 3,762 SF |
| Year Built | 2006 |
| Parking Ratio | 10.1/1,000 SF |
ABOUT THE PROPERTY
Situated in Mankato’s high-performance Hilltop trade area, the property at 1720 Basset Drive offers a strategically connected location with direct access to Madison Avenue and Highway 22, ensuring streamlined traffic flow and strong customer reach. Surrounded by dense residential neighborhoods, major retail anchors, and key employment hubs, the site benefits from consistent activity drivers and robust demographic fundamentals. Its proximity to established commercial corridors enhances visibility, while efficient ingress/egress and ample surface parking support smooth operational flow for a range of professional, service-based, or childcare users. This address positions operators to capitalize on one of Southern Minnesota’s most active and fast-growing commercial submarkets.
NEARBY MAJOR RETAILERS
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1720 Bassett Dr
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