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Waite Park Corporate Center Leasing
For Lease
$13.50 SF/Yr

818 2nd St S, Waite Park, MN 56387

Professionally managed office building with modern amenities and high visibility.

Space Size2,503 SF - 12,088 SF
Property Size37,200 SF
Days on Market263

Property Features for 818 2nd St S

General Information

Standard status Active
Size 2,503 SF - 12,088 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 37,200 SF
Year Built 2003

Spaces For Lease

at 818 2nd St S Contact us

Suite 180 (Sublease) $15/SF/Yr

Size
2,834 SF
Type
Office Building
Term
10 months
Contact us

Suite 140 $13.50/SF/Yr

Size
2,503 SF
Term
Negotiable
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Suite 160 $14.50/SF/Yr

Size
2,908 SF
Term
Negotiable
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Suite 200 $15.50/SF/Yr

Size
11,993 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 300 $15.50/SF/Yr

Size
12,088 SF
Term
Negotiable
Contact us
Listing Agency: SVN GC Real Estate
Listed By: Kate Hanson, CCIM
Source: Svn
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 11 at 5:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN GC Real Estate

Investment Insights

Based on property information with market context.

Located at 818 2nd St S, Waite Park, MN 56387, the 2nd Street Corporate Center presents a leasing opportunity in a professionally managed office building. Constructed in 2003, the building encompasses 37,142 gross square feet on a 2.81-acre lot. The property benefits from high visibility, with an annual average daily traffic count of 18,726 in 2024. The building features an elevator, a security system, ample off-street parking with a ratio of 5.11 stalls per 1,000 square feet, and heated sidewalks. Secure 24/7 building access is provided via a card reader system. A white reflective roof is designed to reduce heat loss and enhance energy efficiency. The main floor lobby and restrooms were remodeled in 2023. The property is situated in close proximity to retail stores, grocery options, restaurants, and entertainment venues. It offers convenient access to Highways 15, 23, and Interstate 94. Prominent signage opportunities are available, including the potential to brand the building. Available suite sizes range from 2,510 to 29,502 rentable square feet. A tenant improvement package is available to qualified tenants based on mutually agreed upon lease terms. The estimated operating expenses for 2025 are $8.85 per rentable square foot. Tenants are directly responsible for in-suite electrical, in-suite janitorial services, and telecommunications.

Key Highlights

  • High Visibility & Traffic: Located on the well‑traveled 2nd Street Business Corridor with 18,726 AADT (2024) and prominent signage opportunities.
  • Modern Amenities & Security: Features include an elevator, security system, ample off‑street parking (5.11 stalls per 1,000 SF), heated sidewalks, and 24/7 secure building access.
  • Convenient Location: Close proximity to retail stores, grocery options, restaurants, and entertainment venues.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Garden Center Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

770
Businesses Nearby

Demographics for 56387, MN

7,715
Population
3,460
Households
2.2
Avg Household Size
35
Median Age
19%
College-Educated
87%
High-School Grad
8.9 sq mi
ZIP Area
867
Density / Sq Mi
$57,387
Median Household Income
$36,511
Median Earnings
$1,072
Median Rent
$230,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Professionally managed office building with modern amenities and high visibility.
Where is this office building located?
The property is located at 818 2nd St S Waite Park, MN.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: High Visibility & Traffic: Located on the well‑traveled 2nd Street Business Corridor with 18,726 AADT (2024) and prominent signage opportunities.; Modern Amenities & Security: Features include an elevator, security system, ample off‑street parking (5.11 stalls per 1,000 SF), heated sidewalks, and 24/7 secure building access.; Convenient Location: Close proximity to retail stores, grocery options, restaurants, and entertainment venues.
More about this property
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