1920 Turning Leaf SW Ln Alexandria, MN 56308-4662
The Turning Leaf Business Center, a Class A, single-story building (177,000 total square feet) in Alexandria, Minnesota, offers flexible office and warehouse space for lease or sale. Built in 2002, this property sits on 30 acres (1,306,800 square feet) and boasts 22-foot ceilings, providing ample room for various business needs. Currently, 67,675 square feet of space is available, divisible into units as small as 1,014 square feet and up to 60,294 contiguous square feet. The building features convenient amenities including multiple outdoor patios, a large common eating area with vending machines and a coffee bar, fully furnished meeting rooms, and an elevator for accessibility. Ample parking is provided with 65 spaces. Its prime location on County Road 45 offers easy access to Interstate 94 (Exit 100) and is less than two miles from downtown Alexandria, providing employees with convenient access to shopping and dining options. The property's APN is 63-0120-740. This exceptional property is situated in the MN - Out of Metro North submarket and presents a unique opportunity for businesses seeking high-quality space in a desirable location. The property is zoned for office, industrial, executive office, warehouse, and distribution uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.