940 Mckinley PkwyDelano, MN 55328

For Sale
Call for price

Modern Industrial Units, Delano, MN

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional new development, West End Autoplex & Business Center in Delano, Minnesota, offers 42 versatile units perfect for a variety of uses. Built in 2023, these single-story buildings boast 1,120 to 1,932 square feet of space, ideal for customized office/warehouse spaces, workshops, showrooms, or even personal garages. Each unit features 20-foot ceilings, 14 dock-high doors, 5" concrete floors with floor drains, commercial-grade windows and doors, attractive LP Smartside siding, fire suppression, and soundproofing. In-floor radiant heating is standard, with options for additional heating/cooling. All units are wired for three-phase power and plumbed for water and sewer, with roughed-in bathrooms. A limited-time offer includes a free mezzanine or ADA bathroom, paint, and epoxy flooring on larger units, and a half-priced mezzanine or free ADA bathroom on smaller units. Units can be expanded by combining with adjacent units, creating pass-through options, and adding a mezzanine for an additional 672 square feet. Numerous upgrade options are available, allowing for complete customization. The property is zoned commercial and has four buildings in total. Occupancy is available November 30, 2023. Financing options include a 10-year fixed-rate, fully amortized loan at 8.75% or a 5-year balloon with 20-year amortization at 8.5%. All closings will occur at Title Mark in Waconia. Financial requirements include a personal financial statement, two years of personal and business tax returns, and a credit report. A 20% cash down payment or more is required, with personal guarantees accepted for RE holding company purchases.

Highlights

  • New 2023 construction, 42 units available in Delano, MN.
  • Units range from 1,120 to 1,932 square feet.
  • Four single-story buildings with 20' ceilings and 14 dock-high doors.
  • Owner/user investment opportunity with multi-tenant occupancy; broker co-op available.
  • Financing options include a 10-year fixed-rate loan at 8.75% or a 5-year balloon loan with 20-year amortization at 8.5%. Requires 20% down payment plus upgrades. Personal financial statements and tax returns required.
  • Units are customizable and can be combined; mezzanine and ADA bathroom upgrades available.

Property Details for 940 Mckinley Pkwy

Property type
Self storage facilities, Other industrial properties
Square Feet
1,120 SF
Year Built/Renovated
2023/2023
Buildings
4
Stories
1
Units
42

Location Insight

City
Delano
County
Wright
State
Minnesota
Latitude
45.052104
Longitude
-93.8115
940 Mckinley Pkwy, Delano, Minnesota
Leaflet | © OpenStreetMap contributors

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940 Mckinley Pkwy
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