350 Fern St Big Lake, MN 55309
Office suite totaling 1,196 square feet, located north of Highway 10 with strong surrounding retail activity.
Property Features for 350 Fern St
General Information
- Standard status
- Active
- Size
- 1,196 SF
- Property subtype
- OFFICE
Listing office Commercial Realty Solutions LLC (320) 282-8410
Listing date Jul 12, 2026
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Commercial Realty Solutions LLC
Investment Insights
Based on property information with market context.
The property is located north of Highway 10 in Big Lake, MN, with remarks indicating high retail traffic and a concentration of nearby businesses. Local operators noted in the surrounding area include Kwik Trip, Lake Liquor, Dairy Queen, Minnco Credit Union, and 3 Sons Hardware, supporting day-to-day customer flow.
The suite size and location make it a straightforward option for an office tenant seeking space in a commercially active pocket near Highway 10.
Key Highlights
- Office suite totals 1,196 SF
- Located north of Highway 10
- Surrounded by businesses including Kwik Trip, Lake Liquor, Dairy Queen, Minnco Credit Union, and 3 Sons Hardware
Local Financial Insights For Office B
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 | $26.3k | $21.96 |
| − Vacancy | −$7.3k | −$6.13 |
| EGI | $18.9k | $15.83 |
| − OpEx | −$4.7k | −$3.96 |
| NOI | $14.2k | $11.87 |
