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1415 1st Ave

42,410 SF 98% Leased Flex Building Mankato, MN 56001 $1,300,000 ($31/SF) 10.53% Cap Rate

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Investment Highlights

Income producing property
good mix of tenants

Good central location
good visibility

1415 Sale or lease

Property Facts

Price	$1,300,000	Lot Size	1.19 AC
Price Per SF	$31	Rentable Building Area	42,410 SF
Sale Type	Investment	No. Stories	1
Cap Rate	10.53%	Year Built/Renovated	1940/1999
Property Type	Flex	Parking Ratio	0.27/1,000 SF
Property Subtype	Showroom	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$1,300,000
Price Per SF	$31
Sale Type	Investment
Cap Rate	10.53%
Property Type	Flex
Property Subtype	Showroom
Building Class	C
Lot Size	1.19 AC
Rentable Building Area	42,410 SF
No. Stories	1
Year Built/Renovated	1940/1999
Parking Ratio	0.27/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.