Building Details

Year Built 1968

Tenancy Single

Listing Agency: Kwekel Companies

Listed By: Megan Snyder · License #MI

Source: Crexi

Added: Jan 28 Changed: Aug 8 Last Checked: Aug 18 at 5:55AM

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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 Kwekel Companies

Investment Insights

Based on property information with market context.

Available for sale is a 219,979 square foot industrial building situated on a 28 acre site. The property offers a leaseback opportunity with a new 15-year absolute NNN lease to be executed at closing.

Key Highlights

• 219,979 square foot industrial building.
• Located on a 28 acre site.
• New 15 year absolute NNN lease at closing.

Property Analytics

Property Profile

Current Use

Industrial properties

Suggested Use

Top Pick Building Supply HVAC Service Hair Salon Big Box & Wholesale Store Storage Facility Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

151

Businesses Nearby

Explore this area Business Placement

Demographics for 55946, MN

3,288

Population

1,398

Households

2.4

Avg Household Size

43

Median Age

22%

College-Educated

95%

High-School Grad

131.3 sq mi

ZIP Area

25

Density / Sq Mi

$80,461

Median Household Income

$44,958

Median Earnings

$872

Median Rent

$240,400

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 industrial properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial building for sale with leaseback opportunity.

Where is this industrial property located?

The property is located at 615 Centennial Dr Kenyon, MN.

What is the asking price?

The asking price for this property is $10,000,000.

What are key features of this property?

This property features: 219,979 square foot industrial building.; Located on a 28 acre site.; New 15 year absolute NNN lease at closing.