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Flexible Office Suite Complex

1961 Premier Dr, Mankato, MN 56001

For Lease
Contact for pricing

Professionally managed office suites offer net lease flexibility within a multi-tenant business development center.

Space Size795 SF
Days on Market454

Property Features for 1961 Premier Dr

General Information

Standard status Active
Size 795 SF
Property subtype OFFICE

Additional Details

Flexible Term Yes

Amenities

half mile outdoor walking path
handicap accessible entrances
outdoor greenspace
furnished common areas

Building Details

Tenancy Multi

Spaces For Lease

at 1961 Premier Dr
Office for Lease AVAILABLE, Now
Floor 1
Size 795 SF
Type OFFICE
Rate Contact for pricing
Sublease No
Lease an office space in the Greater Mankato Business Development Center. This flexible office complex is home to more than 17 organizations and brands. From affordable single-office users to full multi-user suites, this property is perfect for any sized professional office. Grow your business in a professionally managed building with ample parking, common tenant amenities and well kept outdoor greenspace! Suites range in size from 200-2,000 square feet and are net leases. Common Area Maintenance Fees are estimated at $8.05/Sf/Yr and include all utilities. Tenant Improvement Allowances are available for renovations and additional buildouts. Lease terms negotiable. Attract clients and employees with the center's ample parking, half mile outdoor walking path, nicely appointed furnishings and common areas, and ease of access and handicap accessible entrances. Call today for a showing or to discuss lease terms.
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Listing Agency: NAI North Star
Listed By: David Schooff · License MN #40137517
Source: Moodyscre
Added: Aug 14, 2025 Changed: Oct 26 Last Checked: Nov 8 at 6:09AM

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

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Investment Insights

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This flexible office complex offers professionally managed office suites in a multi-tenant setting, with suites ranging from single offices to full multi-user arrangements. The property is described as well kept, with common tenant amenities and outdoor greenspace. Common Area Maintenance Fees are estimated at $8.05/Sf/Yr and include utilities, and tenant improvement allowances are available for renovations and additional buildouts. Lease terms are stated as negotiable.

The location is the Greater Mankato Business Development Center at 1961 Premier Dr in Mankato, MN. The property is offered with ample parking and handicap accessible entrances, and it includes a half-mile outdoor walking path intended for tenants and employees.

Suites within the center are available for net leases and are sized from 200 to 2,000 square feet, supporting a range of office requirements within the building.

Key Highlights

  • Flexible multi‑tenant office complex with suites for single‑office users and multi‑user suites
  • Suites range from 200 to 2,000 SF and are net leases
  • Common Area Maintenance (CAM) estimated at $8.05/SF/year and includes all utilities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Adara Home Health Employment Agency University of Minnesota Extension ... University Life Support Counseling ... Counselor SEOwhat.com Inc Advertising Agency Fifth Judicial District Government Office

Suggested Use

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

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Mankato, MN

$41.3 /SF/Yr
Avg Asking Price
$6–$196 /SF/Yr
Price Range
4,022 SF
Avg Space Size

Properties on Market for Office Units in Mankato

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Professionally managed office suites offer net lease flexibility within a multi-tenant business development center.
Where is this office unit located?
The property is located at 1961 Premier Dr Mankato, MN.
What are key features of this property?
This property features: Flexible multi‑tenant office complex with suites for single‑office users and multi‑user suites; Suites range from 200 to 2,000 SF and are net leases; Common Area Maintenance (CAM) estimated at $8.05/SF/year and includes all utilities
(507) 380-7340 Call to check price and availability
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