Warehouse and Showroom
14305 Edgewood Dr N Baxter, MN 56425
14305 Edgewood Dr N, Baxter, MN, 56425
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For Sale
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Large building with showroom space and warehouse area with two dock doors, supported by ample parking and signage.
Property Size20,000 SF
Price / SF$79.50
Days on Market216
Property Features for 14305 Edgewood Dr N
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Property subtype
- RETAIL
Listing agency
Brisky Net Lease
(715) 529-4441
Listed by
Brian Brisky · License #40546562
(715) 529-4441
Source
Moodyscre
Added: Dec 18, 2025 Updated: Jul 22 at 1:16AM Checked: Jul 22 at 1:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brisky Net Lease
Investment Insights
Based on property information with market context.
This property offers a large building configuration designed for both showroom presence and warehouse functionality. Approximately 12,000 SF is dedicated to showroom space, with the remainder used as warehouse space, including two dock doors.
The site is positioned along Edgewood Drive in Baxter, with access supported by a large lot, ample parking, and signage. The surrounding retail corridor includes major national retailers such as Target, Costco, Kohl’s, Walmart, and Home Depot, and the property also benefits from strong daily traffic associated with nearby State Highway 371. The building is located directly adjacent to a significant new Essentia Health development described as a 60,000 SF facility.
As of Q4 2025, the remarks indicate no retail space was under construction in the Brainerd market and report a low vacancy rate of 1.7%. The asset is presented as a redevelopment opportunity suitable for a wide range of future uses.
The site is positioned along Edgewood Drive in Baxter, with access supported by a large lot, ample parking, and signage. The surrounding retail corridor includes major national retailers such as Target, Costco, Kohl’s, Walmart, and Home Depot, and the property also benefits from strong daily traffic associated with nearby State Highway 371. The building is located directly adjacent to a significant new Essentia Health development described as a 60,000 SF facility.
As of Q4 2025, the remarks indicate no retail space was under construction in the Brainerd market and report a low vacancy rate of 1.7%. The asset is presented as a redevelopment opportunity suitable for a wide range of future uses.
Key Highlights
- Large 20,000 SF building with approximately 12,000 SF showroom space and the remainder dedicated to warehouse space
- Warehouse includes two dock doors
- Easily accessible with a large lot, ample parking, and signage
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $174.2k | $8.71 |
| − Vacancy | −$6.8k | −$0.34 |
| EGI | $167.4k | $8.37 |
| − OpEx | −$25.1k | −$1.26 |
| NOI | $142.3k | $7.11 |
20,000 SF · lease $8.71/SF/yr · vacancy 3.90% · expense 15.00%
Alternative Uses
Best Use
Retail
$2.65M
$2.32M – $3.09M
NOI $185,472 @ 7.0% cap · market cap 11.66%
Second Best
Flex RnD
$2.62M
$2.30M – $3.06M
NOI $183,690 @ 7.0% cap · market cap 11.55%
Theoretical Best
Office A
$4.25M
$3.72M – $4.95M
NOI $297,216 @ 7.0% cap · market cap 18.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Large building with showroom space and warehouse area with two dock doors, supported by ample parking and signage.
Where is this flex space located?
The property is located at 14305 Edgewood Dr N Baxter, MN.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Large 20,000 SF building with approximately 12,000 SF showroom space and the remainder dedicated to warehouse space; Warehouse includes two dock doors; Easily accessible with a large lot, ample parking, and signage