Multi-Tenant Office | Value-Add Property | +/- 9,566 SF
Across from Target Anchored Center
Marketing description
For registration requirements and regulations, please review here or contact Jake Fleming | (949) 401-9557 | [email protected].
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a 9,566 SF, 2-story, multi-tenant office property located in Baxter, MN. Located on a parcel spanning 0.97 acres, the property is currently 100% occupied and zoned Commercial, providing for a wide range of uses. The property was renovated in 1995 and features approximately 9,566 SF of building area. Baxter is part of the Brainerd Micropolitan Statistical Area in Crow Wing County, Minnesota. Crow Wing County is one of the state’s most popular destinations for outdoor recreation, known for its idyllic lakes, golf courses, and parks. At the peak of its tourism season, the population reaches an estimated 300,000 when tourists and seasonal residents are taken into consideration.
The subject property
is strategically located along Edgewood Drive, which averages 4,300 vehicles
per day, and also faces State Highway 371, a major retail and commuter
thoroughfare averaging 31,500 vehicles per day. The site benefits from
excellent visibility via significant street frontage and a large monument sign
facing Edgewood Drive and State Highway 371. In addition, the property is
ideally situated within a dense retail corridor in the heart of Baxter, with
nearby national/credit tenants including Target, Aldi, Costco, Walmart
Supercenter, Home Depot, TJ Maxx, and more. Strong tenant synergy significantly
increases consumer draw to the immediate trade area and promotes crossover
store exposure to the site. The 5-Mile trade area is supported by 28,281
residents and 23,198 employees with an average household income of $69,762,
providing a direct consumer base from which to draw.
- Non-contingent
- Earnest Money Deposit is 10% of the Winning Bid Amount
- Platform Fee: 5% of the Winning Bid Amount, $20,000 minimum
- $5,000 Participation Deposit Required
14391 Edgewood Dr, Baxter, MN 56425
Investment highlights
- Foreclosure Sale/Excellent Multi-Tenant Investment Opportunity
- Commercial Zoning
- Popular Tourist Destination
- Strong Demographics in 5-Mile Trade Area
- Across from Target Anchored Center
- Dense Retail Corridor
- Strong National/Credit Tenant Presence
- Strategically Located along Edgewood Drive (4,300 VPD)
- State Highway 371 (31,500 VPD)
- Significant Street Frontage
- Large Monument Sign
- Excellent Visibility and Access
Listing Contacts
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