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    2351 Victory Dr Mankato, MN 56001

    Sponsored
    For Lease
    $7 SF/Yr ($19,875 /Mo)

    Mankato Flex/Warehouse Space Available

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This newly developed industrial property in Mankato, Minnesota, offers 30,000 square feet of flexible and warehouse space for lease. Located at 2351 N Victory Dr, Mankato, MN 56001, this exceptional property boasts a total lot size of 50,000 square feet and was constructed in 2022. The building is divisible into multiple units, with a minimum leasable space of 5,060 square feet and a maximum contiguous space of 5,060 square feet. Currently, 10,120 square feet is available for lease. Each 5,060-square-foot unit includes a 1,000-square-foot finished office area with bathroom rough-ins, and 4,000 square feet of warehouse space. Convenient features include a loading dock and drive-in access for each unit. The building features an impressive 18-foot ceiling height and ample parking is provided. The property is served by 3-phase power and is situated in Blue Earth County. This prime location offers an excellent opportunity for businesses seeking modern, efficient, and well-equipped industrial space in a thriving Mankato market. Contact us today to learn more about leasing opportunities.

    Property Features for 2351 Victory Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Total Rate
    19875

    Building Details

    Year Built
    2022

    Unit(s) available at that property

    Space
    Suite 400
    Size
    5,060 SF
    Rate per SF
    $18
    Space
    Suite 300
    Size
    5,060 SF
    Rate per SF
    $18

    HighLights

    • First‑generation industrial/flex building.
    • High‑visibility location with excellent access and central location.
    • Versatile space ideal for showroom, office, and warehouse uses.
    • Expansion options in 5,000‑square‑foot increments.
    • Abundant parking, prominent signage opportunities, loading dock, and drive‑in access.
    • Strong tenant roster including Rice Companies, St. Cloud Refrigeration, and AirGas USA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gas Equipment Company Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.9337613
    Latitude
    44.1821164

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    FAQs

    What type of property is this?
    Distribution property - Mankato Flex/Warehouse Space Available
    Where is this distribution property located?
    The property is located at 2351 Victory Dr Mankato, MN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: First-generation industrial/flex building.; High-visibility location with excellent access and central location.; Versatile space ideal for showroom, office, and warehouse uses.
    Request Owner's contact information
    2351 Victory Dr Mankato, MN 56001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2351 Victory Dr Mankato, MN 56001
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