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Retail / Cannabis Extraction / Food MFG 1230 State St N 43 693 pi² Industriel Immeuble Waseca, MN 56093 5 232 182 $ CAD (119,75 $ CAD/pi²) 10% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Cannabis Approved Location - Commercial Kitchen - Loading Docks - High Power Available - FULL HVAC in Place.
RÉSUMÉ DE L'ANNONCE
FOR LEASE OR SALE - INVESTMENT HIGHLIGHTS
10% Cap Rate (Actual Income, With Term)
100% Leased with FULL NNN reimbursements
All tenant spaces in excellent condition
Value-Add Redevelopment opportunity
Upside via re-tenanting, expansion, or conversion to storage/industrial
Strong regional draw from Bomgaars Fleet & Farm
Call broker for full financials, rent roll, & redevelopment scenarios
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
10% Cap Rate (Actual Income, With Term)
100% Leased with FULL NNN reimbursements
All tenant spaces in excellent condition
Value-Add Redevelopment opportunity
Upside via re-tenanting, expansion, or conversion to storage/industrial
Strong regional draw from Bomgaars Fleet & Farm
Call broker for full financials, rent roll, & redevelopment scenarios
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
FAITS SUR LA PROPRIÉTÉ
| Prix | 5 232 182 $ CAD | Classe d’immeuble | C |
| Prix par pi² | 119,75 $ CAD | État de la construction | Proposé |
| Type de vente | Investissement ou propriétaire utilisateur | Aire du bâtiment louable | 43 693 pi² |
| Taux de capitalisation | 10% | Nombre d’étages | 1 |
| Condition de vente | Projet de redéveloppement | Année de construction | 2027 |
| Type de propriété | Industriel | Location | Unique |
| Sous-type de propriété | Manufacture |
| Prix | 5 232 182 $ CAD |
| Prix par pi² | 119,75 $ CAD |
| Type de vente | Investissement ou propriétaire utilisateur |
| Taux de capitalisation | 10% |
| Condition de vente | Projet de redéveloppement |
| Type de propriété | Industriel |
| Sous-type de propriété | Manufacture |
| Classe d’immeuble | C |
| État de la construction | Proposé |
| Aire du bâtiment louable | 43 693 pi² |
| Nombre d’étages | 1 |
| Année de construction | 2027 |
| Location | Unique |
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Impôts fonciers
| Numéro de lot | 17.217.0040 | Évaluation des bâtiments | 1 176 690 $ CAD |
| Évaluation du terrain | 557 365 $ CAD | Évaluation totale | 1 734 055 $ CAD |
Impôts fonciers
Numéro de lot
17.217.0040
Évaluation du terrain
557 365 $ CAD
Évaluation des bâtiments
1 176 690 $ CAD
Évaluation totale
1 734 055 $ CAD
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Retail / Cannabis Extraction / Food MFG | 1230 State St N
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