Multi-Tenant Flex Industrial
For Sale
Contact for pricing
1910 Lookout Dr, North Mankato, MN 56003
Portion of a 100,000-square-foot building includes leased space and a large vacant area for immediate occupancy.
Property Size60,000 SF
Price / SF$115.83
Days on Market48
Property Features for 1910 Lookout Dr
General Information
Standard status
Active
Size
60,000 SF
Property subtype
INDUSTRIAL
Occupancy
33%
Listing Agency:
KW Commercial Midwest - Eagan
(507) 317-2353
Listed By:
James Halbur · License #40144147
(507) 317-2353
Source:
Moodyscre
Added: Jul 16
Changed: Aug 16
Last Checked: Aug 31 at 2:27AM
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 KW Commercial Midwest - Eagan
Investment Insights
Based on property information with market context.
1910 Lookout Drive offers a defined portion of a flex/industrial building with 60,000 square feet included in this sale. The overall structure totals 100,000 square feet, with the remaining 40,000 square feet owned separately and not included.
Within the 60,000 square feet being offered, approximately 20,000 square feet is currently leased, while about 40,000 square feet is vacant and available for immediate occupancy. This configuration supports an owner-user looking to occupy space, or an investor seeking current income alongside additional available area.
The property is positioned in one of North Mankato’s established commercial areas, with visibility and easy accessibility described in the offering materials. It is also noted to be close to major retailers, healthcare, and residential growth.
Within the 60,000 square feet being offered, approximately 20,000 square feet is currently leased, while about 40,000 square feet is vacant and available for immediate occupancy. This configuration supports an owner-user looking to occupy space, or an investor seeking current income alongside additional available area.
The property is positioned in one of North Mankato’s established commercial areas, with visibility and easy accessibility described in the offering materials. It is also noted to be close to major retailers, healthcare, and residential growth.
Key Highlights
- 60,000 SF offering within a 100,000 SF building; 40,000 SF under separate ownership is not included in the sale.
- Approximately 20,000 SF currently leased to an existing tenant for in‑place income.
- Remaining approximately 40,000 SF is vacant and available for immediate occupancy.
Property Analytics
Property Profile
Current Use
Lease Details
33.3%
Occupancy
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 56003, MN
15,221
Population
6,543
Households
2.3
Avg Household Size
38
Median Age
43%
College-Educated
98%
High-School Grad
44.0 sq mi
ZIP Area
346
Density / Sq Mi
$80,587
Median Household Income
$46,544
Median Earnings
$920
Median Rent
$260,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Portion of a 100,000-square-foot building includes leased space and a large vacant area for immediate occupancy.
Where is this flex space located?
The property is located at 1910 Lookout Dr North Mankato, MN.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: 60,000 SF offering within a 100,000 SF building; 40,000 SF under separate ownership is not included in the sale.; Approximately 20,000 SF currently leased to an existing tenant for in‑place income.; Remaining approximately 40,000 SF is vacant and available for immediate occupancy.
