111 E Cherry St | Mankato, MN 56001
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- LoopNet Team
111 E Cherry St
Mankato, MN 56001
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased Class ‘A’ 5-Story Office Tower
- Annual Rent Increases | Below Market Rents
- Located on Hard Corner Signalized Intersection | Excellent Signage & Visibility | Quick Access to Highways
- Tenants: Alltech (Private), Northwestern Mutual (S&P: AA+)
- Adjacent to Mankato Place: Destination for shopping, entertainment, hotels and government services | Driver of Office Space Demand in Subject Property
- Mankato an Area of Tremendous Growth | Top Place for Doing Business | Within 1 Hour of Minneapolis-St Paul
PROPERTY FACTS
Property Type
Office
Building Size
34,387 SF
Building Class
B
Year Built
2014
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
6,877 SF
Building FAR
3.04
Lot Size
0.26 AC
AMENITIES
- Roof Terrace
PROPERTY TAXES
| Parcel Number | R01-09-18-105-018 | Improvements Assessment | $5,521,700 |
| Land Assessment | $103,000 | Total Assessment | $5,624,700 |
PROPERTY TAXES
Parcel Number
R01-09-18-105-018
Land Assessment
$103,000
Improvements Assessment
$5,521,700
Total Assessment
$5,624,700
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