300 W Nichols St St Peter, MN 56082
For Lease
1 / 5
This exceptional investment opportunity presents a 31,184 square foot warehouse in Saint Peter, Minnesota, featuring 137 units within a 2.32-acre lot (APN 19.705.0110). Zoned I-2 General Industrial, the property boasts 13' 8" ceilings and offers 24/7 accessibility, enhancing its appeal to a diverse tenant base. The facility is equipped with comprehensive camera security, providing peace of mind for tenants and maximizing its value. Located at 300 W Nichols St, Saint Peter, MN 56082, this property benefits from a prime location in a growing area, catering to both residential and commercial storage needs. Units are double secured and feature larger-than-standard sizes, maximizing storage volume and attracting tenants with significant storage requirements. The property's strategic location and robust security features contribute to high tenant retention and strong income potential. This well-maintained facility presents a compelling investment opportunity with significant upside potential and room for expansion, making it an attractive addition to any portfolio. The property's accessibility and security features make it a standout choice for tenants, further enhancing its investment value.
-
St. Peter Storage Storage Facility
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
Similar Nearby for Lease
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.