Fairmont Industrial Build to Suit - Lease

For Lease

700 Armstrong Dr, Fairmont, MN 56031

Fairmont Industrial Build to Suit - Lease currently offers 5 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include flex - industrial and industrial. The minimum space size listed is 1,200 square feet. Lease type options include NNN. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at Fairmont Industrial Build to Suit - Lease.

Space Available For Lease 5

Contacts

Dan Sprague

NAI North Star

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 9,600 SF
  • Lot Size 0 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2024
  • Date Updated May 21, 2026
  • HVAC None
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.Positioned in the proven Fairmont Industrial Park, the shop condos at 700 Armstrong Drive represents a turnkey build-to-suit lease opportunity with strategic adjacency to Interstate 90, entrenched industrial demand drivers, and Fairmont’s regional service ecosystem. The asset delivers a right-sized operational envelope with functional shop infrastructure, drive-in access, and durable construction—ideal for contractors, trades, service providers, or investors seeking a low-maintenance, income-ready industrial foothold. With immediate connectivity to workforce, transportation, and commercial amenities, the property offers a high-utility, cost-efficient platform designed to enhance long-term value creation in Southern Minnesota’s resilient industrial marketplace.
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Highlights

  • 1,200-9,600 square feet options
  • Build-to-Suit
  • Seller Financing for CFD/Lease-to-Own Options

Getting around

  • 25/100

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Location

  • City Fairmont, MN
  • Zip Code 56031

Points of Interest

  • Speedway

    3.17 miles

  • Casey's General Store

    5.50 miles

  • El Agave

    2.22 miles

  • Burger King

    2.95 miles

  • McDonald's

    3.21 miles

  • Hardee's

    3.28 miles

  • Perkins

    3.30 miles

  • Green Mill

    3.34 miles

  • Kortes Bar & Grill

    5.63 miles

700 Armstrong Dr Listing Brief

  • The rental rate for available space here starts at $$7.00/SF/YR. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • Completed in 2024, the property at 700 Armstrong Dr incorporates 9,600 square feet. It is available for lease as Multi-Tenant space.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

    Multi-tenant space is ideal for businesses that need smaller spaces or that want to share the property with other businesses. The property has a variety of smaller units available, ranging in size from 1,200 to 9,600 square feet.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

Contact Listing Broker
Dan Sprague

NAI North Star

  1. 1Main information
  2. 2Extra information
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