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Flexible Office Suite Building

1961 Premier Dr, Mankato, MN 56001

For Lease
Contact for pricing

Flexible net-leased office suites with ample parking and handicap-accessible entrances in a professionally managed business center.

Space Size12,130 SF
Days on Market632

Property Features for 1961 Premier Dr

General Information

Standard status Active
Size 12,130 SF
Net Rentable 200 SF
Property subtype OFFICE

Space & Availability

Available Space 200-2,000 SF
Space Use Office

Lease Terms

CAM $8.05 /USD/SF/YR
Flexible Term Yes

Additional Details

Utilities to Site Yes

Amenities

ample parking
outdoor walking path
common areas
handicap accessible entrances

Building Details

Tenancy Multi

Spaces For Lease

at 1961 Premier Dr
Medical Office for Lease AVAILABLE, Now
Floor 1
Size 12,130 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: Feb 17, 2025 Changed: Oct 26 Last Checked: Nov 8 at 6:02AM

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

Based on property information with market context.

Flexible office suite space is available within the Greater Mankato Business Development Center at 1961 Premier Dr. The property is a professionally managed, multi-tenant office environment with more than 17 organizations and brands. Suite sizes range from 200 to 2,000 square feet, and spaces are offered on net leases.

The center is set up for tenant use with ample parking, well-kept outdoor greenspace, and common tenant amenities. An outdoor half-mile walking path is available for employee and client convenience, and handicap-accessible entrances support day-to-day access.

Lease terms are negotiable, and tenant improvement allowances are available for renovations and additional buildouts. Common area maintenance is referenced as part of the net lease structure, supporting a managed, shared-services approach for occupants.

Key Highlights

  • 12,130 SF office suite complex with net lease suites
  • Suites range from 200 to 2,000 SF
  • More than 17 organizations and brands within the business center

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
Yes
Utilities to site
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
View Realmo Analytics

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 - Flexible net-leased office suites with ample parking and handicap-accessible entrances in a professionally managed business 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: 12,130 SF office suite complex with net lease suites; Suites range from 200 to 2,000 SF; More than 17 organizations and brands within the business center
(507) 380-7340 Call to check price and availability
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