Mendota Heights, MN Flex space for sale

Updated: Sep 1, 2025

Fully Leased Industrial Flex Property

1385 Mendota Heights Rd, Mendota Heights, MN

$4,430,000

33,684 sqft 2.91 AC lot

Strong NOI of $319,946 provides immediate income.
Value‑add opportunity with below‑market leases, offering potential for increased rental income.
New roof installed in 2023 with a warranty until 2047.
Strategically located near MSP International Airport and major highways.
Fully leased with a diverse and stable tenant mix and long‑term leases.

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This listing looks promising.

Here's a quick look at some key insights for

1385 Mendota Heights Rd, Mendota Heights, MN

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Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$366K
Annual
Mortgage

$2.6M
Aug 2022
Last Sold

Aug 2022
$3.25M
Property Type

Industrial (General)
Built 1979

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mendota Heights, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Office/Warehouse Building

1260-1270 Energy Ln, Saint Paul, MN 55108

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9,132 sqft

Energy Park Corporate Center offers recently renovated office/warehouse space with LED fixtures and whitebox vacancies.

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Industrial Site with Secured Yard

78 Acker St E, Saint Paul, MN

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15,606 sqft 0.60 AC lot

1.51 acre industrial site with 15,606 SF across 8 buildings.

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Single-Story Office Building For Sale

3285 Northwood Cir, Eagan, MN

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44,511 sqft 5.48 AC lot

Single-story office building with abundant parking and landscaping.

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Eagan Flex Space Available

3285 Northwood Cir, Eagan, MN 55121

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44,511 sqft

Flex space available for sale in Eagan, Minnesota.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mankato Land Parcel For Sale

TBD #2 Adams Street, Mankato, MN 56001

$1,687,598

16.21 AC lot

16.21 acre commercial/light industrial land with high visibility.

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Barron, WI Commercial Land

Guy Avenue lot: 7, Barron, WI 54812

$96,600

4.80 AC lot

Shovel-ready commercial land in Barron's Industrial Park.

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Barron, WI Commercial Land

Guy Avenue lot: 4, Barron, WI 54812

$99,800

4.99 AC lot

Shovel-ready commercial land in Barron's Industrial Park.

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Barron, WI Industrial Park Land

Guy Avenue lot: 3, Barron, WI 54812

$133,600

6.68 AC lot

Shovel-ready industrial lots with utilities and highway access in Barron.

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Mendota Heights, MN Flex Space Market Trends and Statistics

Explore 1 flex space for sale in Mendota Heights, MN on our real estate platform. These investment opportunities span a total of 33,684 square feet of properties for sale, with an estimated market value of $4,430,000.

Sale prices for business spaces in Mendota Heights, MN start at $4,430,000, averaging $4,430,000, and reaching up to $4,430,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Mendota Heights, MN Flex Space for Sale

1385 Mendota Heights Rd, Mendota Heights, MN