Cub Outlot Ground Lease Opportunity | 0.5 - 1 Acre Available

For Lease

2423 Minnesota Hwy 3, Northfield, MN 55057

There is currently one space available at Cub Outlot Ground Lease Opportunity | 0.5 - 1 Acre Available. The building’s general use is vacantland. The space listed for lease is described as vacantland. Current availability totals 43,560 square feet. Of this, minimum divisible area is 1 square feet. The listed lease rate is contact for pricing.

Space Available For Lease 1

Contacts

broker
Mike Phelan

Mid-America

Property Details

  • Property Type VacantLand
  • Lot Size 1 Acre
  • Date Updated Jun 23, 2025
Prime Ground Lease Opportunity - Northfield, MN This is a rare ground lease opportunity located in the high-traffic outlot of Cub Foods, and adjacent to Target. Situated along a key commercial corridor with excellent visibility and access from MN-3, this site benefits from strong daily foot traffic and a synergistic mix of neighboring national retailers. Northfield, home to both Carleton and St. Olaf Colleges, boasts a stable and growing population with a solid median household income, making it an ideal location for retail, QSR, or service-oriented concepts.
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Highlights

  • 17,200 vpd on MN Highway 3
  • Cub Foods anchored (Top 3 most visited outstate store, per Placer.ai)
  • High visibility
  • Multiple easy access points and ample parking
  • Strong anchor outlot with Cub and Target, extending customer base beyond Northfield

Getting around

  • 47/100

    Walk Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Northfield, MN
  • Zip Code 55057

Points of Interest

  • Aspen Limo & Car Services

    2.06 miles

  • Kwik Trip

    0.64 miles

  • Waterford Oil Company

    0.64 miles

  • Diesel

    0.65 miles

  • Cenex

    0.85 miles

  • Speedway

    1.37 miles

  • Casey's

    1.50 miles

  • Holiday Stationstore

    2.24 miles

  • Ziggy's

    2.30 miles

  • Admissions Parking

    1.91 miles

  • Water Street Parking Lot

    2.04 miles

  • Buntrock Commons Loading Dock

    2.05 miles

  • 5th & Washington Parking Lot

    2.13 miles

  • CAD loading dock

    2.13 miles

  • 3rd & Water Street Parking Lot

    2.16 miles

  • Washington Street Parking Lot 2

    2.18 miles

  • Washington Street Parking Lot 1

    2.21 miles

  • truck parking

    5.18 miles

  • car parking

    5.25 miles

  • Coratel Inn & Suites by Jasper

    0.61 miles

  • AmericInn by Wyndham Northfield

    0.97 miles

  • Country Inn & Suites

    2.01 miles

  • Fairfield Inn & Suites

    2.27 miles

  • Riverview Legacy Motel

    2.32 miles

  • Servicios Latinos Minas LLC

    2.88 miles

  • Days Inn

    9.43 miles

  • Doms

    9.49 miles

  • Faribault Hometown Inn & Suites

    9.58 miles

  • Boarders Inn & Suites by Cobblestone Hotels - Faribault

    9.70 miles

  • Cub Foods

    0.00 miles

  • Target

    0.11 miles

  • ALDI

    0.29 miles

  • River Park Mall

    1.90 miles

  • Used-A-Bit Shoppe

    1.93 miles

  • Just Food Co-Op

    1.96 miles

  • Family Fare

    2.02 miles

  • McClaughry Building

    2.10 miles

  • The Shops at 314 Division

    2.16 miles

  • Northfield Yarn

    2.16 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Mike Phelan

Mid-America

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  2. 2Extra information
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