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1060 26th Pl NW 12,550 SF 100% Leased Industrial Building Owatonna, MN 55060 $1,376,000 ($109.64/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Industry Leading Tenant - FedEx Freight is an industry leader in the Less-Than-Truckload (LTL) industry, generating $9.4B in revenue in FY '24.
- Functional Facility - The ±12,550 SF building sits on ±3.74 AC and features 24 total doors.
- Recent Upgrades - The site recently had significant parking lot renovations in August 2025 to enhance long term operational efficiency.
- Strategic Hub - This property serves as FedEx Freight's only location in MN south of the Minneapolis-St Paul MSA.
- Long Term Operating History - FedEx Freight has occupied the site for more than 20 years.
PROPERTY FACTS
| Price | $1,376,000 | Lot Size | 3.74 AC |
| Price Per SF | $109.64 | Rentable Building Area | 12,550 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.50% | Year Built | 1998 |
| Property Type | Industrial | Opportunity Zone |
Yes
|
| Price | $1,376,000 |
| Price Per SF | $109.64 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Industrial |
| Lot Size | 3.74 AC |
| Rentable Building Area | 12,550 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Opportunity Zone |
Yes |
PROPERTY TAXES
| Parcel Number | 17-491-0106 | Improvements Assessment | $615,600 |
| Land Assessment | $228,400 | Total Assessment | $844,000 |
PROPERTY TAXES
Parcel Number
17-491-0106
Land Assessment
$228,400
Improvements Assessment
$615,600
Total Assessment
$844,000
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1060 26th Pl NW
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