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Waite Park Industrial Building
For Lease
$11 SF/Yr

2845 4th St S Waite, Waite Park, MN 56387

18,000 SF industrial building in Waite Park, Minnesota.

Space Size18,000 SF
Days on Market286

Property Features for 2845 4th St S Waite

General Information

Standard status Active
Size 18,000 SF
Property subtype Industrial
Lease Term NNN

Spaces For Lease

at 2845 4th St S Waite Contact us

Entire 1st (Sublease) $11/SF/Yr

Size
18,000 SF
Type
Manufacturing
Term
Negotiable
Contact us
Listing Agency: Newmark - Minneapolis
Listed By: Brian Netz
Source: Nmrk
Added: Nov 24, 2025 Changed: Sep 4 Last Checked: Sep 6 at 5:07AM

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 Newmark - Minneapolis

Investment Insights

Based on property information with market context.

This 18,000 square foot industrial building, constructed in 1993, is available for purchase or long-term lease and offers expansion possibilities. The building includes a 2,100 square foot blast freezer capable of extreme cold temperatures. The northwest portion of the building, encompassing 4,900 square feet, allows temperature control from 0 to 70 degrees Fahrenheit, with a variance of 1 to 2 degrees. Racking and exterior truck plug-ins are available. The entire building can be brought to 0 degrees.

Key Highlights

  • Entire building can be brought to 0 degrees.
  • Blast Freezer (2,100 SF) capable of extreme cold temperatures.
  • NW portion (4,900 SF) offers precise temperature control (0‑70 degrees with 1‑2 degree variance).

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Locksmith Plumbing Service Butcher Florist Storage Facility (Bike/Boat/Book/etc) Store

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
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby
Under-served
Demand for This Use

Demographics for 56387, MN

7,715
Population
3,460
Households
2.2
Avg Household Size
35
Median Age
19%
College-Educated
87%
High-School Grad
8.9 sq mi
ZIP Area
867
Density / Sq Mi
$57,387
Median Household Income
$36,511
Median Earnings
$1,072
Median Rent
$230,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • MKI Storage Units 80 37th Ave S, St Cloud, MN 56301
  • Premier Self Storage 430 37th Ave N, St Cloud, MN 56303

Frequently Asked Questions

What type of property is this?
Warehouse - 18,000 SF industrial building in Waite Park, Minnesota.
Where is this warehouse located?
The property is located at 2845 4th St S Waite Waite Park, MN.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Entire building can be brought to 0 degrees.; Blast Freezer (2,100 SF) capable of extreme cold temperatures.; NW portion (4,900 SF) offers precise temperature control (0‑70 degrees with 1‑2 degree variance).
More about this property
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