Listing Agency: Coldwell Banker Commercial Fisher Group

Listed By: Dain Fisher Show Phone

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 12:04AM

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Investment Insights

Based on property information with market context.

This office building occupies a 3-acre site within Eastwood Industrial Park. The property includes a large paved parking area and monument signage, providing established site infrastructure for the existing office use. A long-term lease is in place.

The property is located at 1921 Excel Drive in Mankato, with access to Victory Drive. Professional businesses surround the site, creating an office-oriented setting within the industrial park.

Key Highlights

• Office building on a 3‑acre site
• Long‑term lease in place
• Large paved parking lot

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store Bakery Locksmith Carpet & Flooring Store Storage Facility Kitchen & Bath Showroom

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

361

Businesses Nearby

Explore this area Business Placement

Demographics for 56001, MN

50,729

Population

21,583

Households

2.4

Avg Household Size

30

Median Age

37%

College-Educated

94%

High-School Grad

114.5 sq mi

ZIP Area

443

Density / Sq Mi

$67,224

Median Household Income

$29,122

Median Earnings

$1,088

Median Rent

$263,100

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 - Leased office property with paved parking and convenient access to Victory Drive.

Where is this office building located?

The property is located at 1921 Excel Drive Mankato, MN.

What are key features of this property?

This property features: Office building on a 3‑acre site; Long‑term lease in place; Large paved parking lot