3310 Mn-20 Cannon Falls, MN 55009
This exceptional 76,800-square-foot industrial building in Cannon Falls, Minnesota, is available for sale at $6,100,000. Situated on an expansive 11.77-acre lot, this Class B property boasts a desirable location just 30 minutes south of the Twin Cities. Built in 2002, the single-building facility features six loading docks and one drive-in door, providing ample access for efficient operations. The clear ceiling height ranges from 18 to 23.5 feet, offering versatile space for various industrial uses, including distribution and manufacturing. The building's robust construction includes concrete tilt-up walls, a durable standing seam metal roof, and a reinforced 6-inch concrete floor with integrated drains. Energy-efficient features such as high-efficiency T8 motion-sensor lighting contribute to cost savings. The property is privately owned and offers a potential lease option at $5.50 per square foot, triple net (NNN). The building will be available November 1, 2025, with the possibility of earlier occupancy. This is a prime opportunity to acquire a well-maintained, strategically located industrial asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.