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Warehouse and Showroom Building

14305 Edgewood Dr N Baxter, MN 56425

14305 Edgewood Dr N, Baxter, MN, 56425
Contact for pricing
For Sale
Contact for pricing

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
Listed by Brian Brisky · License #40546562
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.

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 (±1% cap)
NOI $185,472 @ 7.0% cap · market cap 11.66%
Second Best
Flex RnD
$2.62M
$2.30M – $3.06M (±1% cap)
NOI $183,690 @ 7.0% cap · market cap 11.55%
Theoretical Best
Office A
$4.25M
$3.72M – $4.95M (±1% cap)
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

Suggested Use

Garden Center Grocery & Convenience Store HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Florist Locksmith (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
(715) 529-4441 Call to check price and availability
More about this property
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