7626 Clearwater Rd Baxter, MN 56425
Property Features for 7626 Clearwater Rd
General Information
- Lot size
- 2.24 Acres
Source:
Moodyscre
Listing Agent: Brian Brisky
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Space Near Target
This retail space is located on an outparcel next to Target along Highway 371, a main thoroughfare with traffic counts exceeding 32,000 vehicles per day. The property benefits from a large lot, ample parking, and signage. Situated in the Brainerd Lakes Area, a major tourist destination in Minnesota with over 500 lakes, the location experiences a population increase during the summer months. The area within a ten-mile radius of the property has a population exceeding 40,000, with an average household income of over $80,000. The lease is backed by a corporate guarantee from an established national tenant, offering investors added security and over six years of remaining term. There is currently no retail space under construction in the Brainerd market. The tenant is paying below market rent.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Baxter
- County
- Crow Wing
- State
- Minnesota
- Longitude
- -94.240954
- Latitude
- 46.362238
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - NNN property in Brainerd Lakes Area with corporate guarantee.
Where is this retail space located?
The property is located at 7626 Clearwater Rd Baxter, MN.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: - Corporate Guarantee: Enjoy added security with a lease backed by a national tenant, with over six years remaining.; - Prime Retail Location: Outparcel location next to Target on Highway 371, benefiting from over 32,000 daily traffic.; - Excellent Vacation Market: Located in the Brainerd Lakes Area, a major tourist destination that triples in population during the summer.