Industrial Building with NNN
2001 S Highway 61 Lake City, MN 55041
For Sale
Contact for pricing
176,337-square-foot industrial facility offered as a sale-leaseback with a new 10-year NNN lease.
Property Size176,337 SF
Lot Size8.06 Acres
Days on Market46
Property Features for 2001 S Highway 61
General Information
Standard status
Active
Size
176,337 SF
Lot size
8.06 Acres
Property subtype
INDUSTRIAL
Listing Agency:
TaTonka Real Estate Advisors
(612) 466-7304
Listed By:
Tim Stewart · License #20292325
(612) 466-7304
Source:
Moodyscre
Added: Jun 15
Changed: Jul 27
Last Checked: Jul 29 at 4:09PM
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 TaTonka Real Estate Advisors
Investment Insights
Based on property information with market context.
TaTonka Real Estate Advisors is pleased to offer the sale-leaseback of Valley Craft’s 176,337-square-foot industrial building on an 8.06-acre site. The transaction includes a new 10-year NNN lease to be executed at closing, with Valley Craft remaining in place under the agreement. The offering notes significant capital investments into the facility and machinery.
The property is located at 2001 S Highway 61, Lake City, MN 55041.
The lease is structured as a NNN agreement with 2.25% annual increases. The public remarks state a year 1 NOI of $793,517 and a market rent of $4.50 per square foot. The remarks also indicate a new 10-year lease signed by Ballymore Corporation (parent company) on closing.
The property is located at 2001 S Highway 61, Lake City, MN 55041.
The lease is structured as a NNN agreement with 2.25% annual increases. The public remarks state a year 1 NOI of $793,517 and a market rent of $4.50 per square foot. The remarks also indicate a new 10-year lease signed by Ballymore Corporation (parent company) on closing.
Key Highlights
- 176,337 SF industrial building on an 8.06‑acre site offered as a sale‑leaseback
- New 10‑year NNN lease to be executed at closing
- Year 1 NOI: $793,517 with 2.25% annual increases
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - 176,337-square-foot industrial facility offered as a sale-leaseback with a new 10-year NNN lease.
Where is this manufacturing property located?
The property is located at 2001 S Highway 61 Lake City, MN.
What are key features of this property?
This property features: 176,337 SF industrial building on an 8.06‑acre site offered as a sale‑leaseback; New 10‑year NNN lease to be executed at closing; Year 1 NOI: $793,517 with 2.25% annual increases
