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Sublease Highlights

  • Located in the growing Owatonna industrial corridor with convenient access to I-35.
  • Flexible sublease term with availability through 10/31/2031.
  • Highly functional space for warehouse, light assembly, or production.
  • Modern Class A construction and well-maintained building condition.

Features

Clear Height
30’
Drive In Bays
1
Exterior Dock Doors
26
Standard Parking Spaces
90

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 170,000 SF
  • Oct 2031
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Full Build-Out
  • 30 Days

This modern industrial facility offers up to 170,000 SF available for sublease, situated in the expanding Owatonna industrial corridor with excellent connectivity to Interstate 35.

  • Sublease space available from current tenant
  • 9 Loading Docks
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 170,000 SF Oct 2031 Upon Request Upon Request Upon Request Upon Request Industrial Full Build-Out 30 Days

1st Floor

Size
170,000 SF
Term
Oct 2031
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
Full Build-Out
Available
30 Days

1st Floor

Size 170,000 SF
Term Oct 2031
Rental Rate Upon Request
Space Use Industrial
Build-Out Full Build-Out
Available 30 Days

This modern industrial facility offers up to 170,000 SF available for sublease, situated in the expanding Owatonna industrial corridor with excellent connectivity to Interstate 35.

  • Sublease space available from current tenant
  • Space is in Excellent Condition
  • 9 Loading Docks

Property Overview

This modern industrial facility offers up to 170,000 SF available for sublease, situated in the expanding Owatonna industrial corridor with excellent connectivity to Interstate 35. Built in 2021, the property features 30-foot clear heights, ESFR sprinkler systems, and 9 dock doors designed for efficient distribution and logistics operations. The building includes 55 parking stalls and is currently configured as a highly functional space suitable for warehouse, light assembly, or production use. Tenants will benefit from a flexible sublease term with availability through October 31, 2031, ensuring long-term operational continuity. The facility’s Class A construction and well-maintained condition deliver an optimal setting for modern supply chain requirements. Located within easy reach of major regional markets, this asset offers seamless transportation options for businesses that demand speed and efficiency.

Distribution Facility Facts

Building Size
265,824 SF
Lot Size
18.62 AC
Year Built
2021
Construction
Reinforced Concrete
Zoning
I-1

Select Tenants

  • Floor
  • Tenant Name
  • Industry
  • 1st
  • Bosch Automotive Service Solutions
  • Professional, Scientific, and Technical Services
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 40142326

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: 370 Festal Pl NW, Owatonna, MN 55060

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