Listing Agency: Bullseye Properties & Realty

Listed By: Bullseye Properties · License #MN 20543424

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:32AM

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Investment Insights

Based on property information with market context.

This flex property occupies 5.63 acres with direct access to Highway 10 in central Minnesota. The 6,160-square-foot building combines warehouse, production, and office areas, with five offices, a lunchroom, and office storage. Three-phase power supports the existing commercial configuration, and half of the building’s HVAC system was replaced in 2018.

The property also includes 7,750 square feet of refrigerated space, which is not currently operational. The layout provides a mix of work, storage, and administrative areas within a single building, with access to Highway 10 serving the site.

Key Highlights

• 5.63‑acre property with direct access to Highway 10
• 6,160‑square‑foot building with warehouse, production, and office areas
• Five offices, lunchroom, and office storage

Property Analytics

Current Use

Flex space

Lease Details

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56373, MN

3,233

Population

1,309

Households

2.5

Avg Household Size

38

Median Age

19%

College-Educated

95%

High-School Grad

99.5 sq mi

ZIP Area

32

Density / Sq Mi

$91,544

Median Household Income

$48,693

Median Earnings

$842

Median Rent

$266,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Industrial flex property combines warehouse, production, and office areas with three-phase power.

Where is this flex space located?

The property is located at 17000 Hwy 10 Nw Royalton, MN.

What are key features of this property?

This property features: 5.63‑acre property with direct access to Highway 10; 6,160‑square‑foot building with warehouse, production, and office areas; Five offices, lunchroom, and office storage