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Flex Space with Warehouse
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404 Airport Road, Albert Lea, MN 56007

The property combines office/retail area with a larger warehouse component under Business/Commercial zoning.

Space Size13,720 SF
Days on Market106

Property Features for 404 Airport Road

General Information

Standard status Active
Size 13,720 SF
Net Rentable 13,720 SF
Zoning Business/Commercial

Space & Availability

Available Space 13,720 SF
Contiguous Space 13,720 SF
Space Use Retail

Additional Details

Highway Access Yes
Warehouse Space 11,280 SF

Taxes and HOA fees

Annual Taxes $14,702

Building Details

Year Built 1940
Stories 1
Units 1
Building Size 13,720 SF
Listing Agency: Leland Realty
Listed By: Steven Lehner
Source: Driveresultsrealty
Added: Jul 17 Changed: Oct 25 Last Checked: Oct 29 at 7:29PM

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 Leland Realty

Rey
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Investment Insights

Based on property information with market context.

This flex property totals 13,720 square feet, including 2,440 square feet of office/retail space and 11,280 square feet of warehouse area. Built in 1940, the building is zoned Business/Commercial and is offered for lease; it is also available for sale.

Access to I-90 and proximity to the airport are noted, with the property located at 404 Airport Road in Albert Lea, Minnesota.

Key Highlights

  • 13,720 square feet total: 2,440 square feet of office/retail space and 11,280 square feet of warehouse area
  • Business/Commercial zoning
  • Access to I‑90 and close to the airport

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Plumbing Service Furniture & Home Goods (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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56007, MN

21,434
Population
9,873
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
88%
High-School Grad
169.3 sq mi
ZIP Area
127
Density / Sq Mi
$66,479
Median Household Income
$43,867
Median Earnings
$843
Median Rent
$161,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Food Service & Catering — 2200 Hi Tec Ave, Albert Lea, MN 56007
  • Hy-Vee Catering — 2708 Bridge Ave, Albert Lea, MN 56007

Frequently Asked Questions

What type of property is this?
Flex space - The property combines office/retail area with a larger warehouse component under Business/Commercial zoning.
Where is this flex space located?
The property is located at 404 Airport Road Albert Lea, MN.
What are key features of this property?
This property features: 13,720 square feet total: 2,440 square feet of office/retail space and 11,280 square feet of warehouse area; Business/Commercial zoning; Access to I‑90 and close to the airport
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