108 Dundas Rd - Warehouse FOR SALE


Monticello, MN 55362
$1,050,000 USD
763-682-2400
108 Dundas Rd, Monticello, MN for Sale
$1,050,000 USD
Warehouse - FOR SALE
1/13
null | 7.64% Cap Rate

108 Dundas Rd
Monticello, MN 55362


HIGHLIGHTS

  • Fully leased 6,976 SF industrial building with three separate units.
  • Strong investment with a 7.64% CAP rate and long-term leases in place.
  • High-quality construction with insulated walls, air conditioning, and 14' x 14' overhead doors.
  • Prime location with frontage on Dundas Road and easy access to I-94 and Highway 25.

OVERVIEW

This fully leased industrial property in Monticello, Minnesota, offers a strong investment opportunity with a 7.64% CAP rate. The building totals 6,976 square feet and is divided into three units, each featuring an 18' x 20' office with mezzanine, restroom, and warehouse space. The property is designed for flexibility, accommodating office, warehouse, industrial, or storage uses. Constructed with durability and functionality in mind, the building includes 5-inch concrete floors, full insulation, air conditioning, interior white steel lining, unit heaters, and 14' x 14' overhead doors. Each unit is separately metered for utilities, and the property features floor drains with flammable waste traps for added safety. Located on Dundas Road with quick access to I-94 and Highway 25, the property benefits from excellent visibility and connectivity. Nearby businesses include major retailers such as Target, Home Depot, Fleet Farm, and Walmart Supercenter. The area also offers city fiber optics for high-speed internet and city incentives for job creation, making this a desirable location for tenants.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

7.64%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building A

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53

LAND SF

23,087

ZONING

I-2

APN/PARCEL ID

155-255-001010

ASK ABOUT THIS PROPERTY

Joseph ElamCommercial Realty SolutionsMore Info
763-682-2400

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Joseph ElamCommercial Realty SolutionsMore Info
763-682-2400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.