Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5 Mcleland Rd St. Cloud, MN 56303

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4 SF/Yr

    Large warehouse space available in St. Cloud, MN.

    Lot size:
    100,000 SF

    Property Features for 5 Mcleland Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,000 SF
    Total Rate
    37500

    Building Details

    Year Built
    1965

    Spaces For Lease

    at 5 Mcleland Rd, St. Cloud, MN 56303 Contact us
    Unit Available Space 1

    $4 /Mo

    Size
    48,750 SF
    Contact us

    We can help!

    Listing Contact
    Casey O'Malley
    Casey O'Malley

    Listing Agency: Colliers - Minneapolis - St. Paul, Minnesota Listing Agent: Casey O'Malley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional industrial property, located at 5 McLeland Rd, St. Cloud, MN 56303, offers 48,750 square feet of immediately available warehouse space. Situated on a 4.4-acre lot, this building boasts a total of 100,000 square feet, with multiple tenancy options. Built in 1965, the warehouse features ceiling heights ranging from 12 to 18 feet, providing ample vertical space for storage and operations. Six loading docks ensure efficient loading and unloading of goods. The property is equipped with substantial power capacity, including 1600 amps of 480/277 voltage and a 1.33 MW capacity, suitable for energy-intensive businesses. The property's APN is 82.46848.0011, and it is located in Stearns County. This prime location in St. Cloud offers excellent access to transportation networks and a strong workforce. This is an exceptional opportunity for businesses seeking a large, well-equipped warehouse space in a desirable location. The property is ready for immediate occupancy. Contact us today to schedule a viewing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Cloud
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.193691
    Latitude
    45.5711784

    Nearby Similar for Lease

    • Contact for pricing
      106,430 SF

      Westgate Shopping Center: St. Cloud, MN

      Prime Retail Space Available: St. Cloud, MN
      2500 Division St, St. Cloud, MN 56301
      View Details
    • Contact for pricing
      25,300 SF

      Heritage Business Centre: St. Cloud Office Space

      Prime St. Cloud Office/Retail, Two Suites Available
      2835 St Germain St, St. Cloud, MN 56301
      View Details
    • $8 SF/Yr
      6,000 SF

      St. Cloud Warehouse For Lease

      6,000 SF Warehouse - Immediate Occupancy
      3325 Southway Dr, St. Cloud, MN 56301
      View Details
    • $5 SF/Yr
      160,000 SF

      St. Cloud Industrial Manufacturing Space

      160,000 SF Multi-Tenant Industrial Building
      20 Mcleland Rd, St. Cloud, MN 56303
      View Details
    • $11 SF/Yr
      2,960 SF

      St. Cloud Office Space For Lease

      Single-story office, prime location.
      540 25 Ave, St. Cloud, MN 56303
      View Details
    • $3 SF/Yr
      122,000 SF

      Ridgewood Industrial Park

      Flexible Warehouse Space Near I-94
      7402 Ridgewood Rd, St. Cloud, MN 56374
      View Details
    • $15 SF/Yr
      2,600 SF

      Downtown St. Cloud Restaurant Space

      Turn-key restaurant, high visibility location.
      125 5 Ave, St. Cloud, MN 56301
      View Details
    • $7 SF/Yr
      162,500 SF

      Interstate Business Center Warehouse Space

      St. Cloud, MN: Class A Warehouse Space Available
      6704 8 Ave, St. Cloud, MN 56301
      View Details
    • $7 SF/Yr
      20,550 SF

      St. Cloud Office Building For Lease

      20,550 SF Office, Prime Location
      11 Mcleland Rd, St. Cloud, MN 56303
      View Details
    • $6 SF/Yr
      22,705 SF

      Crescent Industrial Warehouse Space

      East St. Cloud Warehouse: 9,920 - 12,785 SF
      725 Cres St, St. Cloud, MN 56304
      View Details
    • Contact for pricing
      8,600 SF

      Heritage Market I Retail Space

      St. Cloud retail space, high visibility.
      2820 2 St, St. Cloud, MN 56301
      View Details
    • $8 SF/Yr
      75,000 SF

      Gateway Business Center: St. Cloud, MN

      Versatile Industrial/Office Space Available
      3900 Roosevelt Rd, St. Cloud, MN 56301
      View Details

    FAQs

    What type of property is this?
    Distribution property - Large warehouse space available in St. Cloud, MN.
    Where is this distribution property located?
    The property is located at 5 Mcleland Rd St. Cloud, MN.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 48,750 SF of immediately available warehouse space in a 100,000 SF building.; Two 50,000 SF suites available; currently 50% occupied by a long-term tenant.; High-power capacity: 1600 amps, 480/277 volts, 1.33 MW.
    Request Owner's contact information
    5 Mcleland Rd St. Cloud, MN 56303
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Mcleland Rd
    St. Cloud, MN 56303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    5 Mcleland Rd St. Cloud, MN 56303
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Casey O'Malley
    Casey O'Malley
    Real Estate License ID: 40480086
    Learn more
    Google sign-in failed. Please try again or use another login method.