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    1961 Premier Dr Mankato, MN 56001

    For Lease
    $9 SF/Yr

    Office suites available in professionally managed business development center.

    Property size:
    75,813 SF
    Lot size:
    75,813 SF

    Property Features for 1961 Premier Dr

    General Information

    Size
    75,813 SF

    Building Details

    Year built
    1991

    Source: David Schooff Agent David Schooff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flexible Office Space Available

    Office spaces are available for lease within the Greater Mankato Business Development Center, a complex accommodating over 17 organizations. The property is suitable for a range of professional office needs, from single-office setups to multi-user suites. Suites range in size from 200 to 2,000 square feet and are net leases. Common Area Maintenance fees are estimated at $8.05 per square foot per year, covering all utilities. Tenant Improvement Allowances are available for renovations and buildouts, and lease terms are negotiable. The center provides ample parking with 427 parking stalls, a half-mile outdoor walking path, furnished common areas, and accessible entrances. The property is located off Highway 22 and Premier Drive in the Eastwood Industrial Park, which is zoned as a Planned Industrial District. The surrounding area hosts major employers such as Federated Insurance, WalMart Distribution Centers, MTU/Rolls Royce, and Compeer Financial, along with retailers and hotels including Menards, Fleet Farm, Home Depot, and Target.
    Location Intelligence

    Current Use by Public Records

    Adara Home Health Nursing Agency University of Minnesota Extension ... University Life Support Counseling ... Counselor SEOwhat.com Inc Marketing Agency Fifth Judicial District Government Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.945275
    Latitude
    44.179838

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    FAQs

    What type of property is this?
    Office space - Office suites available in professionally managed business development center.
    Where is this office space located?
    The property is located at 1961 Premier Dr Mankato, MN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Flexible office spaces ranging from 200-2,000 sq ft, suitable for various business sizes.; - CAM fees include all utilities, simplifying budgeting ($8.05/SF/Yr).; - Tenant Improvement Allowances available for renovations and buildouts.
    (507) 380-7340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1961 Premier Dr Mankato, MN 56001
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