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110 N Minnesota St
225 - 5,075 SF of Office/Retail Space Available in New Ulm, MN 56073
Highlights
- Complete renovation, High traffic, Free parking
Space Availability (7)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Lower Level, Ste 10 | 225-400 SF | - | 1 Year | Upon Request Upon Request Upon Request Upon Request | Full Service | |
| Lower Level, Ste 11 | 225-400 SF | - | 1 Year | Upon Request Upon Request Upon Request Upon Request | Full Service | |
| Lower Level, Ste 7 | 225-400 SF | - | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | Full Service | |
| Lower Level, Ste 8 | 225-400 SF | - | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | Full Service | |
| Lower Level, Ste 9 | 225-400 SF | - | 1 Year | Upon Request Upon Request Upon Request Upon Request | Full Service | |
| 1st Floor, Ste 1 | 1,575 SF | 15’ | 3-5 Years | Upon Request Upon Request Upon Request Upon Request | Full Service | |
| 1st Floor, Ste 6 | 1,500 SF | - | 1-5 Years | Upon Request Upon Request Upon Request Upon Request | Full Service |
Lower Level, Ste 10
Call today! Terms are negotiable.
- Rate includes utilities, building services and property expenses
- Central Air and Heating
Lower Level, Ste 11
Call today! Terms are negotiable.
- Rate includes utilities, building services and property expenses
- Central Air and Heating
Lower Level, Ste 7
Call today! Terms are negotiable.
- Rate includes utilities, building services and property expenses
- Central Air and Heating
Lower Level, Ste 8
Call today! Terms are negotiable.
- Rate includes utilities, building services and property expenses
- Central Air and Heating
Lower Level, Ste 9
Call today! Terms are negotiable.
- Rate includes utilities, building services and property expenses
- Central Air and Heating
1st Floor, Ste 1
Call today! Terms are negotiable.
- Rate includes utilities, building services and property expenses
- Open Floor Plan Layout
- 6 Private Offices
- 1 Conference Room
- Finished Ceilings: 15’
- Wi-Fi Connectivity
- High Ceilings
- Recessed Lighting
- Display Window
1st Floor, Ste 6
Call today! Terms are negotiable.
- Rate includes utilities, building services and property expenses
- Open Floor Plan Layout
- Central Air and Heating
- High ceilings
- Renovated building
- Signage on the building
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.
PROPERTY FACTS FOR 110 N Minnesota St , New Ulm, MN 56073
| Min. Divisible | 225 SF | Gross Leasable Area | 32,500 SF |
| Property Type | Retail | Year Built/Renovated | 1880/1960 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.49/1,000 SF |
| Min. Divisible | 225 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 32,500 SF |
| Year Built/Renovated | 1880/1960 |
| Parking Ratio | 0.49/1,000 SF |
About the Property
Office space is now available for lease at the redeveloped Commerce Center in New Ulm. The Commerce Center is located in the pinnacle of New Ulm's revitalized downtown business district. Lease rates are negotiable and may include incentives. The Commerce Center is an iconic historical building. It has undergone a complete renovation while maintaining some original character. Spaces range in size from 375 sq. ft. to 1575 sq. ft. Parking is free downtown. The open space next to the main entrance with a display window is available for lease as well. Brown County, Minnesota.
Nearby Major Retailers
Presented by
Kevin Goettl
110 N Minnesota St
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