True
Space Available For Lease 1
Space Available |
Andy LubinskiColliers 
Aaron WhitmoreColliers 
Justin FelixColliers 
Ethan HaglundColliers |
Contacts
Andy Lubinski
Colliers
Aaron Whitmore
Colliers
Justin Felix
Colliers
Ethan Haglund
Colliers
Property Details
- Property Type Industrial - Warehouse/Distribution
- Additional Rent Contact for pricing
- Year Built 1994
- Date Updated Nov 15, 2024
Colliers is pleased to present this exceptionally well maintained 108,800 SF industrial manufacturing facility for sale or lease in Waseca, MN. Built in 1994 with expansions in 1996 and 2004, this facility is currently fully leased to Itron, Inc. until March 31, 2025 at which time they will consolidate to 38,400 SF in the subject property for 5 years as this is a mission critical
location for their R&D team.
The remaining 70,400 SF will be available for lease starting April 1, 2025 and the whole building is available for sale today offering a great opportunity for a low basis, high quality facility, with cash flow and significant upside.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Clear Height: 16’
- Loading: 6 docks | 2 drive-ins
- Occupancy: 100% until March 31, 2025; 35% starting on April 1, 2025
- Power: 3000 AMP 480 V 3 Phase
Attachments
Getting around
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1/100
Walk Score ®
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31/100
Bike Score ®
Location
- City Waseca, MN
- Zip Code 56093
Points of Interest
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Kwik Trip
1.32 miles
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Casey's General Store
1.71 miles
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Phil Mart
9.66 miles
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Janesville Car Wash
8.65 miles
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Daily Grind Espresso Shop
1.61 miles
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Subway
1.73 miles
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Oscar's Restaurant
1.81 miles
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McDonald's
1.88 miles
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Burger King
1.92 miles
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Tasty House
1.93 miles
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Pizza Ranch
1.95 miles
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DQ Grill & Chill
1.97 miles
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Boat House Grill and Bar
2.26 miles
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Barney's
2.60 miles
2401 State St N Listing Brief
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The rental rate for available space at 2401 State St N is offered upon request. Use the contact form at the top of the listing page to reach out to the property representative and get more information regarding the current listing rate.
The asking price varies based on the location of the property, with proximity to transportation hubs, access to highways or ports playing a key role in the building's valuation. Other factors that influence cost are the property's age, its quality rating, as well as its onsite facilities and features.
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A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.
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Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
