Listing Agency: Business Centers Show Phone

Listed By: Harrison Smith Show Phone

Source: Moodyscre

Added: Jun 14, 2024 Changed: Jul 28 Last Checked: Jul 30 at 1:19PM

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Investment Insights

Based on property information with market context.

This flex and warehouse property offers multiple unit sizes, including 1,000, 2,000, 3,000, and 8,000 square feet. Each unit includes drive-in doors (12x12) and both common and private restroom access. Warehouse features include 12 to 20 feet of clear ceiling height, floor drains, and 100 amp 3-phase 208V electrical service.

The units are configured for straightforward loading and operations with direct drive-in access. A 1-year lease option is available.

Units are designed to support a range of warehouse and workspace needs while retaining functional restroom access within the building’s overall layout.

Key Highlights

• Drive‑in warehouse flex units with 12x12 doors for easy access and loading
• Unit sizes available: 1,000, 2,000, 3,000, or 8,000 SF
• Clear ceiling heights of 12' to 20' across the units

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Building Supply Auto Repair Shop Garden Center Carpet & Flooring Store Butcher

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

230

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 55388, MN

5,984

Population

2,386

Households

2.5

Avg Household Size

39

Median Age

23%

College-Educated

96%

High-School Grad

37.6 sq mi

ZIP Area

159

Density / Sq Mi

$92,273

Median Household Income

$48,955

Median Earnings

$998

Median Rent

$333,100

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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Frequently Asked Questions

What type of property is this?

Flex space - Drive-in warehouse flex units with 12x12 doors, 12–20 clear heights, restrooms, floor drains, and 100A 3-phase power.

Where is this flex space located?

The property is located at 709 Jefferson Ave SW Watertown, MN.

What are key features of this property?

This property features: Drive‑in warehouse flex units with 12x12 doors for easy access and loading; Unit sizes available: 1,000, 2,000, 3,000, or 8,000 SF; Clear ceiling heights of 12' to 20' across the units