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Retail Cannabis Commercial Kitchen - 10 cap 1230 State St N 1,000 - 43,693 SF of Space Available in Waseca, MN 56093
HIGHLIGHTS
- Turn-Key Retail / Manufacturing / Distribution Facility + Investment Opportunity
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000-40,693 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 1,000-3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Ideal retail/cannabis cultivation/food manufacturing / cold storage facility 1 hour from Minneapolis. - MILLIONS of dollars in a commercial kitchen with floor drains, sinks, hoods, walk-in coolers, food prep areas, loading docks / full HVAC in place - Suite 1230 is about 35,000 sq ft and expandable. - 1600 amp 208v electric in place with 480v also available. - Close to 35w for North (metro) / South (Iowa) distribution, plus easy East / West distribution on HWY 14. - Co-Anchor includes Bomgaars Fleet and Farm with Walmart and O'Riley Auto across the street. - Waseca is the county seat of Waseca County. - N State Street features the highest traffic counts in the market.
- Fully Built-Out as Standard Retail Space
1st Floor
The space is currently used for Monson Eyecare and a salon and is in excellent shape. Its in line with Bomgaars Fleet and Farm with ample parking and pylon signage.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- Fits 3 - 24 People
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT RETAIL CANNABIS COMMERCIAL KITCHEN - 10 CAP
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Cash Wise
- Supermarket
- 27
- Regional
- Jerald L Monson Jr Od
- -
- 1
- -
- Kroeger's Koncept
- -
- 1
- -
- Monson Eyecare Center
- Optical
- 1
- -
- United States Postal Service
- Business/Copy/Postal Services
- 34,846
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Cash Wise | Supermarket | 27 | Regional |
| Jerald L Monson Jr Od | - | 1 | - |
| Kroeger's Koncept | - | 1 | - |
| Monson Eyecare Center | Optical | 1 | - |
| United States Postal Service | Business/Copy/Postal Services | 34,846 | National |
PROPERTY FACTS
| Total Space Available | 43,693 SF | Gross Leasable Area | 43,693 SF |
| Min. Divisible | 1,000 SF | Year Built/Renovated | 1988/2001 |
| Property Type | Retail | Parking Ratio | 10.71/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 43,693 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 43,693 SF |
| Year Built/Renovated | 1988/2001 |
| Parking Ratio | 10.71/1,000 SF |
ABOUT THE PROPERTY
FOR LEASE OR SALE Turn-Key Retail / Manufacturing / Distribution Facility + Investment Opportunity Waseca, MN — 1 Hour South of Minneapolis PROPERTY SUMMARY A highly improved ±35,000 SF (expandable) commercial facility ideal for retail, self-storage conversion, cannabis manufacturing/extraction, food or beverage processing, cold storage, or distribution. The property includes millions of dollars of existing improvements—hoods, walk-in coolers, food prep buildout, loading docks, and full commercial HVAC—representing a rare turn-key opportunity for users or investors. Located just off I-35 with immediate access to HWY 14, the site provides exceptional north/south and east/west distribution connectivity. The center is co-anchored by Bomgaars Fleet & Farm and sits within Waseca, the county seat of Waseca County, offering a stable workforce and pro-business environment. KEY FEATURES & INFRASTRUCTURE ±35,000 SF (Suite 1230) expandable footprint Hood systems, walk-in coolers/freezers, food-prep areas Multiple loading docks + grade loading Full HVAC throughout conditioned production areas 1600 amps / 208v power in place 480v available for heavy manufacturing Excellent box condition; minimal deferred maintenance LOCATION ADVANTAGES 1 hour south of Minneapolis on I-35 Direct access to HWY 14 (east/west freight) Strong regional trade area County seat with stable infrastructure & labor base
- 24 Hour Access
- Dedicated Turn Lane
- Fenced Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
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Retail Cannabis Commercial Kitchen - 10 cap | 1230 State St N
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