Real Estate Property Specifications

3855 Independence Road
Baxter, MN 56425

$1,975,000

  • Acres: 5.140
  • Garage Stalls: 4
  • Lot Dimensions: 480x505xIrr
  • Sellers Broker: Close-Converse Commercial Prop
  • School District: 181 - Brainerd
  • Tax Amount: $43,561
  • Year Built: 2006

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.
  • Air Conditioning: Central
  • Exterior: Metal, Log Siding
  • Road Frontage: City, Cul De Sac, Paved Streets
  • Fuel: Natural Gas
  • Heating: Forced Air, In-Floor Heating, Radiant
  • Parking Characteristics: Uncovered/Open, Driveway - Asphalt
  • Handicap Accessible: No Stairs Internal
  • Sewer: City Sewer/Connected
  • Zoning: Industrial
  • Water: City Water/Connected
  • Roof: Metal