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Priced at $2,142,000, this 13,580-square-foot industrial flex property sits at 12260 Margo Ave S in Hastings, Minnesota. The asset functions well for a variety of industrial or light manufacturing operations requiring a combination of warehouse space and functional office square footage. Investors may appreciate the 7.5% cap rate currently associated with the facility. Hastings maintains a steady presence within the broader Twin Cities metropolitan area, benefiting from its regional connectivity and access to local labor markets. The surrounding environment supports diverse commercial and logistics businesses looking to scale within an established industrial corridor. This flex building provides a practical footprint for occupiers seeking an efficient layout for distribution, assembly, or specialized service businesses. With its straightforward utility and accessible location, the property represents a functional addition to a commercial portfolio in the Minnesota market.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.