Listed by NAI North Star
$7 - $15/SF/YR
Fairmont Industrial Park
Building Details
Property Type Retail, Industrial
Sub Type Warehouse, Distribution
Tenancy Multiple
Lease Type NNN
Total Building SqFt 19,480
Min Divisible SqFt 1,200
Max Contiguous SqFt 9,600
Vacant SqFt 19,480
Year Built 2024
Spaces
Retail | 5 spaces available | 1,200 SqFt - 9,600 SqFt
Building description
Unlock a high-performing commercial real estate opportunity at 700 Armstrong Drive in Fairmont, MN, offering Build-to-Suit shop condos from 1,960–9,600 SF with pricing starting at only $100/SF. Designed for today’s industrial, contractor, service, and flex-space users, this customizable new-construction product delivers exceptional value in one of Southern Minnesota’s most accessible and business-friendly industrial corridors.
Located within the Fairmont Industrial Park near Interstate 90, the site provides efficient regional connectivity for logistics, warehousing, fabrication, distribution, and trade operations. Popular CRE keywords—industrial condo, flex space, contractor bay, warehouse shop, light industrial, Build-to-Suit, and owner-user opportunity—align directly with the property’s capabilities, ensuring premium visibility across syndication platforms.
Users can tailor suites with features such as oversized overhead doors, custom office buildouts, enhanced power, heated shop bays, and expanded storage or fleet areas. The project offers modern infrastructure, strong traffic patterns, and proximity to fuel, retail, service vendors, and workforce hubs.
With unbeatable pricing, scalable footprints, and a strategic location, this Build-to-Suit shop condo opportunity positions owner-users and investors to capture long-term operational efficiency, asset appreciation, and strong market presence in a growing industrial submarket.
Situated in Fairmont’s established Industrial Park, 700 Armstrong Drive delivers strategic positioning for light industrial, service, and flex users seeking efficient regional reach. The property is located on the west side of Fairmont within city limits, approximately 1.5 miles south of the I-90 interchange, providing direct connectivity to regional transportation corridors across Southern Minnesota and Northern Iowa. Surrounded by a complementary mix of trade contractors, logistics operations and service businesses, this location supports seamless vendor relationships, workforce access and same-day distribution capabilities. Nearby retail, fuel and food options enhance daily operations for employees and fleet traffic.
As part of the Fairmont Shop Condos development, the site benefits from new infrastructure, industrial zoning and modern design standards, positioning owner-users and investors to capitalize on Fairmont’s pro-business environment and growing industrial base.
Building highlights
- Flexible Square Footage (1960 - 9600 Sq. Ft.)
- Pricing Includes:
- 14x14 OHD with opener
- Service Door
- Window
- Rough-in for bathroom
- In-floor drain with flammable waste trap
- White wall interior steel finish
- Ventilation system
- Separately metered utilities
- Reznor 100,000 BTU Hanging furnace
- Basic layout of electrical throughout unit including LED lighting
Listing Contacts
Listed by NAI North Star
Property History
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