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Flex Space with High Ceilings
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940 Mckinley Parkway, Delano, MN 55328

Three-phase power, water and sewer connections, and in-floor radiant heat support a range of potential configurations.

Space Size1,040 SF - 1,456 SF
Days on Market3

Property Features for 940 Mckinley Parkway

General Information

Standard status Active
Size 1,040 SF - 1,456 SF
Net Rentable 1,040 SF
Zoning Business/Commercial, Industrial
Lease Type NNN

Space & Availability

Available Space 1,040-1,456 SF
Space Use Flex

Lease Terms

Lease Rate $1,795 /MO
Monthly Rent $1,795
Rent per SF/Year $20.71
Lease Term 60 months
Flexible Term Yes

Warehouse & Industrial

Clear Height 20 ft
Drive-In Doors 1
Three-Phase Power Yes
Sprinkler System Yes
Drive-In Door Height 14 ft
Warehouse Heated Yes

Additional Details

Utilities to Site Yes

Amenities

5" concrete floors w/ floor drains
20' high ceilings
commercial grade windows
entry door & garage door 14'x14'
LP Smartside siding
fire suppression
in floor radiant heating
3 phase power
plumbed w/ water & sewer
rough-in bathroom

Building Details

Building Size 1,040 SF
Year Built 2023
Units 1
Listing Agency: eXp Realty
Listed By: Martin Turner
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 4:12PM

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 eXp Realty

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Investment Insights

Based on property information with market context.

This 2023 flex unit offers 1,040 square feet at the base level, with the option to add a 416-square-foot mezzanine for 1,456 square feet total. Interior features include 5-inch concrete flooring with drains, 20-foot ceilings, commercial-grade windows, and a 14-foot-wide by 14-foot-tall garage door. A bathroom is roughed in, and fire suppression and in-floor radiant heating are installed. The space can be customized as an office and warehouse, workshop, or showroom. A split system may be added for supplemental heating or cooling.

The unit has three-phase power and water and sewer connections. Zoning is Business/Commercial and Industrial. Leasing terms include a 1- to 5-year lease; a lease with an option to purchase through a contract for deed is also described.

Key Highlights

  • 1,040 SF base unit; optional 416 SF mezzanine brings total area to 1,456 SF
  • 5‑inch concrete floors with drains and 20‑foot ceilings
  • 14‑foot‑wide by 14‑foot‑tall garage door

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Electrical Service Plumbing Service Real Estate Agency Building Supply Auto Repair Shop Kitchen & Bath Showroom

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

20 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55328, MN

9,729
Population
3,684
Households
2.6
Avg Household Size
39
Median Age
42%
College-Educated
98%
High-School Grad
44.9 sq mi
ZIP Area
217
Density / Sq Mi
$118,036
Median Household Income
$65,990
Median Earnings
$927
Median Rent
$382,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Three-phase power, water and sewer connections, and in-floor radiant heat support a range of potential configurations.
Where is this flex space located?
The property is located at 940 Mckinley Parkway Delano, MN.
What are key features of this property?
This property features: 1,040 SF base unit; optional 416 SF mezzanine brings total area to 1,456 SF; 5‑inch concrete floors with drains and 20‑foot ceilings; 14‑foot‑wide by 14‑foot‑tall garage door
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