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The 100 Building

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Description

• Fully Leased, Multi-Tenant Office Building in the Heart of Downtown Austin, MN
• Premier Location with a Generous Combination of Surface, Covered and Underground Parking
• 15,742 sq feet of Office Space on Two Floors with an Elevator
• Triple Net Leases in place for the next 5 years with Reputable, National Companies
• Many Upgrades in the last 5 years including Structural Improvements and New Heating and Cooling Units
• There are a total of 4 restrooms within the building
• The sale includes 50% ownership of the parking lot across the street: PID 34.001.0170
• Walking Distance to the County/City Offices and the Newly Built Public Library and $30 million dollar Rec Center

1st Floor:
• Currently leased by Cooperative Response Center for 5 years with option for renewal
• Office Square Footage totals 5,542 sq ft and includes a meeting room and a kitchen area
• Covered, Ground Level Parking totals 4,500 sq ft

2nd Floor:
• Currently leased by Clifton, Larson, and Allen for 10 years with renewal options
• Office Square Footage totals 10,200 sq ft
• Office includes several conference and meeting rooms as well as a large open office, reception area, and employee breakroom

• The city of Austin is in Mower County, Minnesota, only 45 minutes from Rochester, MN and less than 100 miles from Minneapolis.
• The 2020 population was 25,143 and is trending upward with a growth rate of 1.75% since 2010.
• Hormel Foods was founded in Austin over 100 years ago and is still Austin’s largest employer.
• The city is the Fortune 500 Hormel Foods’ global headquarters and home to the well-known Spam Museum as well
as The Hormel Insititue, the University of Minnesota’s globallly recognized cancer research center.
• The 100 Building is located in the center of downtown less than 5 minutes from The Hormel Foods Corporation and The Hormel Institute.
• The City of Austin is the retail & cultural center for the SE Minnesota Submarket.

Address

109 N Main Street
Austin, Minnesota 55912
United States
Map It

Multiple Spaces
Description Size Price Year
Two Level Office Building 15,742 sq ft

Multiple Lots
Address Lot # Parcel Lot Size Space/Unit Use Price
109 N Main Street 34.185.0010
50% Interest In 34.001.0170

Price

2,100,000

Contact

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