1920 Lookout Dr
North Mankato, MN 56003 North Mankato

• Unit Size: 60,000 SF
• Condo Use: Industrial
• Price: $7,850,000 USD
• Sale Type: Investment or Owner User
• Price/SF: $130.83 USD

Description

1910 Lookout Drive presents a rare investment or owner-user opportunity in one of North Mankato’s established industrial corridors. Situated within a 100,000-square-foot facility, this offering includes 60,000 square feet under separate ownership, featuring strong infrastructure and flexible functionality. Approximately 20,000 square feet is currently leased to an existing tenant, creating a steady in-place income stream, while 40,000 square feet is available for immediate occupancy, allowing an owner-user to occupy part or all of the vacant space.
The property features excellent visibility and accessibility, with direct access to U.S. Highway 14 and proximity to major arterial routes supporting regional logistics. The location is surrounded by retail, healthcare, and light industrial businesses, further reinforcing long-term demand. Fully equipped with two drive-in doors, two delivery doors, and three dock doors, the facility is adaptable for warehouse, manufacturing, or mixed operational use. Its versatile configuration and prime position make this asset uniquely positioned for both current income return and future appreciation potential.

Sale Notes

1910 Lookout Drive presents a rare investment or owner-user opportunity in one of North Mankato’s established industrial corridors. Situated within a 100,000-square-foot facility, this offering includes 60,000 square feet under separate ownership, featuring strong infrastructure and flexible functionality. 

Approximately 20,000 square feet is currently leased to an existing tenant, creating a steady in-place income stream, while 40,000 square feet is available for immediate occupancy, allowing an owner-user to occupy part or all of the vacant space. The property features excellent visibility and accessibility, with direct access to U.S. Highway 14 and proximity to major arterial routes supporting regional logistics. The location is surrounded by retail, healthcare, and light industrial businesses, further reinforcing long-term demand. Fully equipped with two drive-in doors, two delivery doors, and three dock doors, the facility is adaptable for warehouse, manufacturing, or mixed operational use. Its versatile configuration and prime position make this asset uniquely positioned for both current income return and future appreciation potential.