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Active
Listed
$1,975,000
/mo   Edit
MLS# 4606212
3855 Independence Road
Baxter, MN 56425
Commercial
Built 2006
5.14 acres
Brainerd schools
Info: 763-576-8286
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    Description:   The long-term lease on this property yields an 8.4% cap rate. Brock White construction materials supplier, is the tenant. Excellent lease terms make this a superior investment. Additional land is available. The Brainerd Lakes Area is one of the fastest growing regions of Minnesota.
    List Price: $1,975,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 2006
    City: Baxter
    Zip Code: 56425

    Interior

    Building Fin Sq Ft: 34,800 ft²

    Exterior

    Air Conditioning: Central
    Heating System: Forced Air, In-Floor Heating, Radiant
    Foundation Size: 34,800 ft²
    Road Frontage: City, Cul De Sac, Paved Streets
    Handicap Accessible: No Stairs Internal
    Exterior Material: Metal, Log Siding
    Garage Spaces: 4
    Other Parking Spaces: 37
    Roof Details: Metal

    Lot

    Acres: 5.14
    Latitude: 46.33818000
    Longitude: -94.32139300
    Lot Size Dim.: 480x505xIrr
    Zoning: Industrial

    Schools

    School District: 181 - Brainerd
    District Phone: 218-454-6900

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $43,561
    Assessment Pending: No
    Taxes w/ Assessments: $43,576

    Unit

    Total Units: 1

    Miscellaneous

    Current Use: Business Service, Warehouse, Industrial, Commercial
    Fuel System: Natural Gas
    Miscellaneous: Loading Dock, Overhead Doors
    Owner Occupied: N
    Sale Includes: Building, Land, Leases
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Richard
    Smyth
    TruStone
    Chrissy
    Von Itter
    Movement
    Jeff
    Zajac
    TruStone
    Richard Smyth
    Area Sales Manager
    TruStone Home Mortgage NMLS#422593
    Richard Smyth joined TruStone Home Mortgage as a Mortgage Consultant in 2015. With nearly 10 years of experience in the mortgage industry, he has the skills to guide borrowers through the home buying process with ease. With a bachelor's degree in finance from the National University of Ireland Maynooth and a background as a financial advisor, Richard knows the ins-and-outs of financing and will help you get from contract to close. Away from work, Richard spends his time playing music, enjoying the outdoors and spending time with his family.
    763-270-4334

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    Listing provided by RMLS, courtesy of Close-Converse Commercial Prop