940 Mckinley Pkwy Delano, MN 55328

Property Details for 940 Mckinley Pkwy

Year built

2023

Property size

1,120 SF

Property type

Self storage facilities

Property subtype

Industrial properties

Description

This exceptional new development, West End Autoplex & Business Center in Delano, Minnesota, offers 42 versatile units perfect for a variety of uses. Built in 2023, these single-story buildings boast 1,120 to 1,932 square feet of space, ideal for customized office/warehouse spaces, workshops, showrooms, or even personal garages. Each unit features 20-foot ceilings, 14 dock-high doors, 5" concrete floors with floor drains, commercial-grade windows and doors, attractive LP Smartside siding, fire suppression, and soundproofing. In-floor radiant heating is standard, with options for additional heating/cooling. All units are wired for three-phase power and plumbed for water and sewer, with roughed-in bathrooms. A limited-time offer includes a free mezzanine or ADA bathroom, paint, and epoxy flooring on larger units, and a half-priced mezzanine or free ADA bathroom on smaller units. Units can be expanded by combining with adjacent units, creating pass-through options, and adding a mezzanine for an additional 672 square feet. Numerous upgrade options are available, allowing for complete customization. The property is zoned commercial and has four buildings in total. Occupancy is available November 30, 2023. Financing options include a 10-year fixed-rate, fully amortized loan at 8.75% or a 5-year balloon with 20-year amortization at 8.5%. All closings will occur at Title Mark in Waconia. Financial requirements include a personal financial statement, two years of personal and business tax returns, and a credit report. A 20% cash down payment or more is required, with personal guarantees accepted for RE holding company purchases.

Location Insight

City

Delano

County

Wright

State

Minnesota

Longitude

-93.8115

Latitude

45.0521