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Listing #18808

$3,200,000

Big Stone County, MN

Overview

  • 5Lot size
  • $6,878Net taxes
This 94,632 sq ft warehouse is 100% leased to a Top Fortune 500 Company in agribusiness. The fully executed Triple Net Lease is on the entire 94,632 commencing October 1, 2026.  The annualized base rent of $359,602 ($3.80 PSF) with 2.5% annual escalations, creates an 11.24% going-in return on the asking price. The building is being converted to all ambient storage. Located in Ortonville, Minnesota within an Opportunity Zone and in the Upper Midwest agricultural/logistics corridor.

The warehouse is fully sprinklered with the majority of the lighting being LED. There are four loading docks, 2 on the west side and 2 on the south side. The warehouse has 16’–20’ ceiling heights throughout the building.  Multiple divided warehouse sections support efficient storage, staging, and inventory management. There is also potential expansion capability on the 5 acres. This functional layout suits ag, third-party logistics, storage, and distribution users, supporting long-term re-leasing flexibility.

This location serves as a natural hub for regional distribution. With easy routes into Minnesota, South Dakota, North Dakota, and beyond. The property supports smooth, efficient movement of goods across the Upper Midwest. Local workforce strength, built around agriculture and food-sector jobs, further enhances its value for long-term operations.

Land

Sewer
Yes
Zoning
Industrial
Gross Taxes
6878.00
Net Taxes
6878
Parcel(s)
22-1659-000
School district
Ortonville

Building

Location

Address:
391 Old Highway 12 W, Ortonville, MN 56278 Get Directions
Directions:
In Ortonville, at the intersection Hwy 12 and Hwy 75, drive west on Hwy 12 for 1/2 mile,  drive past the Subway, and take the first left staying on Hwy 12 for 4/10th of a mile to Big Stone County Road 15, then turn left and drive south on Big Stone County Road 15 for 3/10th of a mile to Mill Road. Then turn right onto Mill Road and drive 2/10th of a mile, and the warehouse will be on the left.

Terms

Possession
At Closing
Zoning
Industrial
Legal description
OUTLOT 164, LOTS 1, 2, 3, OF OL 164; LOTS 3 & 4 OF OL 170; AND LOTS 2 & 3 IN 16-121-46 IN BIG STONE COUNTY, MN. Exact legal description to be taken from Title Commitment.

Cash or Conventional

Remaining terms and conditions are supplied per listing by the CMS.

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