Motion Industries Mankato, MN

20 Good Counsel Drive
Mankato, MN

Price: $1,050,000
Cap Rate: 6.75%
NOI: $70,800
Building Size: Approx. 6,528 Sq. Ft.
Lot Size: Approx. 0.68 Acres
Type: Single-Tenant / Industrial
Year Built / Renovated: 1995 / 2013

Investment Overview

  • 2013 Renovation. 6,528+/- SF Building on 0.68+/- Acre Site
  • Modified Gross Lease Guaranteed by Motion Industries, Inc.
  • Motion Industries Signed Lease Extension Into 2025
  • Excellent Location Near US-14 (30,000 VPD)
  • Near Target, Party City, The Home Depot, Best Buy, PetSmart, etc.
  • Strong Income Demos w/ an est. $79,424 within a 5-Mile Radius
  • Mankato | 75 Miles SW of Minneapolis | Population: 44,000+