Listed By: Tom Lelich Show Phone

Source: Cbre

Added: Sep 11 Last Checked: Sep 11 at 2:17PM

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Investment Insights

Based on property information with market context.

Industrial warehouse space at Elm Creek Business Park offers 15,145 SF of divisible availability within a 51,205 SF building. The 1998 tilt-up concrete construction includes a 20-foot clear height, sprinkler protection, two dock positions with levelers, and one 12-by-12 drive-in door.

The property occupies approximately 4 acres at 3939 County Road 116 in Hamel, Minnesota, and carries Industrial zoning. Electrical service is configured for 208/480 volts, 400 amps, and 3-phase power, supporting a range of warehouse and industrial operations.

Key Highlights

• 15,145 SF available within a 51,205 SF warehouse building
• Available space is divisible
• 20' clear height with sprinkler protection

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store Home Appliance Store Building Supply Big Box & Wholesale Store Food Market

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

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 55340, MN

8,988

Population

3,418

Households

2.6

Avg Household Size

39

Median Age

61%

College-Educated

96%

High-School Grad

35.6 sq mi

ZIP Area

252

Density / Sq Mi

$174,120

Median Household Income

$91,534

Median Earnings

$1,431

Median Rent

$607,600

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Warehouse - Industrial warehouse space with divisible availability, dock access, a drive-in door, and 3-phase power.

Where is this warehouse located?

The property is located at 3939 County Road 116 Hamel, MN.

What are key features of this property?

This property features: 15,145 SF available within a 51,205 SF warehouse building; Available space is divisible; 20' clear height with sprinkler protection