Listing Agency: KW Commercial Premier - St Paul j***@kw.com Show Phone

Listed By: James Faillettaz · License #40879022

Source: Moodyscre

Added: Jul 22 Changed: Jul 31 Last Checked: Jul 31 at 8:55AM

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Investment Insights

Based on property information with market context.

Warehouse space totaling 2,400 square feet is available for lease at 1545 7th Ave in Newport, Minnesota 55055.

Key Highlights

• 2,400 square feet of warehouse space
• Located at 1545 7th Ave, Newport, MN 55055

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hair Salon Nail Salon Dental Office

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

$0.98 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

190

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 55055, MN

3,797

Population

2,001

Households

1.9

Avg Household Size

37

Median Age

25%

College-Educated

92%

High-School Grad

3.6 sq mi

ZIP Area

1,055

Density / Sq Mi

$63,365

Median Household Income

$41,118

Median Earnings

$1,080

Median Rent

$331,300

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Commercial warehouse space available for lease in Newport.

Where is this warehouse located?

The property is located at 1545 7th Ave Newport, MN.

What is the lease rate?

The lease rate is $6.50 SF/Yr.

What are key features of this property?

This property features: 2,400 square feet of warehouse space; Located at 1545 7th Ave, Newport, MN 55055