Listed by NAI North Star
Unpriced
700 S Armstrong Dr
Details
APN 23.107.0010
Property Type Industrial
Sub Type Distribution, Warehouse
Units 76
Price per SqFt $100
Year Built 2024
Lot Size (SqFt) 250,034
Industrial
Marketing 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.
Investment 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
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Zoning
I-1 IndustrialLight IndustrialLight Industrial
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View all 32 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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