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470 Mountain Iron Dr
Mountain Iron, MN 55768

$10.75 USD/SF/YR

Unknown For Lease  •  1,323+ SF

Property Details

  • Property Type Unknown
  • Year Built 1974
  • Total Building Size 79,800 SF
0 Transit Score
49 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Retail 9,666 SF $10.75 USD/SF/YR 
This space has a retail business that is currently leaving 7-1-2023. The unit has a warehouse and garage door in the rear of the building.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet
1st Floor Ste Retail 5,050 SF $10.75 USD/SF/YR 
This space is currently leased and ready for a new tenant to take over retail/office space. 24/7 front door access to the outside. This unit is next door on both sides with National Corporate Tenants.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet
1st Floor Ste 5466 Retail 1,323-34,280 SF $10.75 USD/SF/YR 
This South facing corner unit features easy access with maximum exposure to Hwy 53. Owner will build to suit unit for your needs. Flexible terms available. Lease for 1323 up to 34,280 sq ft. 
Billboard space for sign on Plaza 53 and above your store front door.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Professional Services
  • Space Type: Relet

Description 

The center fronts the highest trafficked thoroughfare in the area, Minnesota State Highway 53, seeing 18,000+ vehicles per day. The City of Virginia is the center of the Mesabi Range and is considered the Range's shopping and entertainment hub, drawing everyday shopping population of over 20,000 people from a radius of less than 5 miles servicing Mountain Iron at the West to Gilbert on the East. 
The immediate area has numerous other retailers including, but not limited to, Menards, Target, Super One Foods, Autozone and Valvoline Instant Oil Change that drive customers to the area. The Mesabi Range communities have seen a revitalization as new technology in mining warranted the reopening of the multiple area mines (iron ore) and the creation of thousands of jobs.  
The Canadian National (CN) rail line runs directly behind the property. CN's tri-coastal network spans Canada from east to west and down through the Midwest to the Gulf of Mexico.

Highlights

Heavy daytime foot traffic
The tenant can custom build the space

Amenities

  • 24 Hour Access
  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Cost Cutters Duluth
Edward Jones 848 SF
Brad Schumacher 612-716-3566 Advantage Point Realty LLC.
Brad Schumacher 612-716-3566 Advantage Point Realty LLC.