3855 Independence Rd, Baxter

$1,975,000

0 Beds
0 Baths
34,800 Sqft
5.14 Acres
4 Garages

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.

Essential Information
MLS® #4606212
Price$1,975,000
Square Footage34,800
Acres5.14
Year Built2006
TypeCommercial
Sub-TypeIndustrial/Warehouse
StyleIndustrial/Warehouse
StatusActive
Community Information
Address3855 Independence Rd
CityBaxter
CountyCrow Wing
StateMN
Zip Code56425
Amenities
FeaturesLoading Dock, Overhead Doors
# of Garages4
Garages

Uncovered/Open, Driveway - Asphalt

Interior
CoolingCentral
Heating

Forced Air, In-Floor Heating, Radiant

Exterior
ExteriorMetal, Log Siding
RoofMetal
Foundation34800
School Information
District181 - Brainerd
Additional Information
Date ListedJune 2nd, 2015
Days on Market1508
ZoningIndustrial
Listing Details
OfficeClose-Converse Commercial Prop
Property History
Price Reduced from $2,295,000 to $1,975,000
Price Increased from $1,695,000 to $2,295,000
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Listing information last updated on July 19th, 2019 at 6:20pm CDT.

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