Listing Agency: Greatland Real Estate Services LLC Show Phone

Listed By: Andrei Bortnov · License #40930918 Show Phone

Source: Moodyscre

Added: Oct 1, 2025 Changed: Jul 28 Last Checked: Jul 30 at 1:03PM

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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 Greatland Real Estate Services LLC

Investment Insights

Based on property information with market context.

This warehouse/industrial/commercial suite is approximately 4,200 square feet and is offered under a modified gross lease structure. The space includes heat-only HVAC and loading support with one drive-in and one dock. Free surface parking is available for tenants and visitors.

The space will be available for occupancy on October 1. Lease terms noted exclude utilities and lawn/snow maintenance.

The offering is designed for warehouse and industrial users needing both dock and drive-in access within a dedicated suite configuration.

Key Highlights

• Approx. 4,200 SF warehouse/industrial/commercial suite
• Modified gross lease; $3,500/month excludes utilities, lawn/snow, and maintenance
• Loading includes 1 drive‑in and 1 dock loading door

Property Analytics

Current Use

V and P Pallet ... Freight Service

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Hair Salon Storage Facility Furniture & Home Goods Nail Salon

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

1

Dock-high doors

1

Drive-in doors

Modified Gross

Lease Type

Location Intelligence

Trade Area within ½ mile

214

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 55055, MN

3,797

Population

2,001

Households

1.9

Avg Household Size

37

Median Age

25%

College-Educated

92%

High-School Grad

3.6 sq mi

ZIP Area

1,055

Density / Sq Mi

$63,365

Median Household Income

$41,118

Median Earnings

$1,080

Median Rent

$331,300

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?

Warehouse - Warehouse suite offers heat only HVAC, with one drive-in and one dock loading door plus free surface parking.

Where is this warehouse located?

The property is located at 76 21st St Newport, MN.

What is the lease rate?

The lease rate is $10.50 SF/Yr.

What are key features of this property?

This property features: Approx. 4,200 SF warehouse/industrial/commercial suite; Modified gross lease; $3,500/month excludes utilities, lawn/snow, and maintenance; Loading includes 1 drive‑in and 1 dock loading door