Flexible Office Space
For Lease
$8 SF/Yr
1961 Premier Drive, Mankato, MN 56001
Office suites available in a professionally managed business development center.
Space SizeContact for details
Days on Market166
Property Features for 1961 Premier Drive
General Information
Standard status
Active
Property subtype
Office
Building Details
Year Built
1991
Listing Agency:
NAI North Star
(507) 380-7340
Listed By:
David Schooff · License #MN #40137517
(507) 380-7340
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 19 at 5:38AM
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 NAI North Star
Investment Insights
Based on property information with market context.
Office space is available for lease in the Greater Mankato Business Development Center, a flexible office complex that houses over 17 organizations and brands. The property is suitable for various professional office sizes, from single-office users 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, including all utilities. Tenant Improvement Allowances are available for renovations and additional buildouts, and lease terms are negotiable. The property features ample parking, common tenant amenities, and maintained outdoor greenspace. Located off Highway 22 and Premier Drive in the Eastwood Industrial Park, which is zoned as a Planned Industrial District, the Greater Mankato Business Development Center is situated in the northeast corner of Greater Mankato. The surrounding area hosts major employers such as Federated Insurance, WalMart Distribution Centers, MTU/Rolls Royce, and Compeer Financial, and is a prime location for consumer and visitor traffic, with national brands like Menards, Fleet Farm, Home Depot, and Target, as well as other retailers and hotels nearby. There are 427 parking stalls.
Key Highlights
- Flexible office spaces, ranging from 200‑2,000 sq ft, suitable for various business sizes.
- All utilities included in Common Area Maintenance (CAM) fees ($8.05/SF/Yr).
- Located in the Eastwood Industrial Park, near major employers and national retailers.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
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
Lease Benchmarks for Mankato, MN
$9.5 /SF/Yr
Avg Asking Price
$6–$17 /SF/Yr
Price Range
4,781 SF
Avg Space Size
This space is priced 16% below the average of $9.5 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suites available in a professionally managed business development center.
Where is this office units located?
The property is located at 1961 Premier Drive Mankato, MN.
What is the lease rate?
The lease rate is $8 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.; All utilities included in Common Area Maintenance (CAM) fees ($8.05/SF/Yr).; Located in the Eastwood Industrial Park, near major employers and national retailers.
