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Corner Office Suite
For Lease
$14.50 SF/Yr

203-507 N Nokomis St, Alexandria, MN 56308

Professional office space with multiple private rooms, a reception area, prominent windows, and on-site parking.

Space SizeContact for details
Property Size1,895 SF
Days on Market298

Property Features for 203-507 N Nokomis St

General Information

Standard status Active
Size 1,895 SF

Taxes and HOA fees

Annual Taxes $37,586

Amenities

large windows
great signage
Listing Agency: Edina Realty, Inc.
Listed By: Stuart Wood · License #40461926
Source: Exprealty
Added: Dec 23, 2025 Changed: Oct 9 Last Checked: Oct 16 at 12:31PM

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 Edina Realty, Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,895-square-foot corner office suite is configured for a professional business user, with a reception area, six offices, and one room currently serving as a conference room. Large windows bring natural light into the space, while the building is described as well maintained and includes parking for employees and customers. Signage is also available for business identification.

The property is located at 203-507 N Nokomis St in Alexandria, Minnesota, with exposure to more than 18,000 vehicles traveling past daily. Its corner positioning, window line, and visible signage create a strong physical presence within the office building.

Key Highlights

  • 1,895‑square‑foot corner office suite
  • Six offices plus a reception area and conference room
  • Large windows and available business signage

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Tanning Salon

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

NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby

Demographics for 56308, MN

26,391
Population
14,350
Households
1.8
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
155.9 sq mi
ZIP Area
169
Density / Sq Mi
$76,831
Median Household Income
$43,999
Median Earnings
$921
Median Rent
$307,600
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

Frequently Asked Questions

What type of property is this?
Office units - Professional office space with multiple private rooms, a reception area, prominent windows, and on-site parking.
Where is this office units located?
The property is located at 203-507 N Nokomis St Alexandria, MN.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: 1,895‑square‑foot corner office suite; Six offices plus a reception area and conference room; Large windows and available business signage
More about this property
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