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Drive-In Flex Space with Heavy Power
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38450 Tanger Dr, North Branch, MN 55056

Redeveloped drive-in flex building with heavy power and expansive clear heights, ready As-Is for sales and service operations.

Property Size21,040 SF
Days on Market306

Property Features for 38450 Tanger Dr

General Information

Standard status Active
Size 21,040 SF
Net Rentable 21,000 SF
Property subtype RETAIL
Lease Type SF/yr

Space & Availability

Available Space 21,000 SF
Contiguous Space 21,000 SF

Additional Details

Highway Access Yes
Heavy Power Yes

Building Details

Building Size 21,000 SF
Listing Agency: Fort Inc
Listed By: Jacob Gerads
Source: Moodyscre
Added: Sep 29, 2025 Changed: Jul 31 Last Checked: Jul 31 at 6:32AM

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 Fort Inc

Investment Insights

Based on property information with market context.

This redeveloped flex space is sized at 21,040 SF and designed for drive-in operations with expansive clear heights and heavy power. The building has a modern, bright finish and is ready As-Is for most sales and service operations, with flexibility to be customized for build-to-suit uses.

The property supports drive-in access and drive-in flexibility, including material readiness for six (6) additional drive-in doors. Shared parking easements on adjacent lots are in place to help support on-site parking needs as operations grow.

The current build and configuration are positioned for a range of uses, including auto dealership and service center activity, clinics, retail, and entertainment venues. Visibility is highlighted along I-35, supporting customer and client access and awareness.

Key Highlights

  • 21,040 SF redeveloped drive‑in flex space with heavy power
  • Expansive clear heights for flexible service and operations
  • Modern, bright interior finish ready As‑Is for most sales and service uses

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Parking Lot & Garage Big Box & Wholesale Store Electrical Service Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby
Balanced
Demand for This Use

Demographics for 55056, MN

14,245
Population
5,696
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
96%
High-School Grad
99.5 sq mi
ZIP Area
143
Density / Sq Mi
$93,601
Median Household Income
$53,911
Median Earnings
$1,190
Median Rent
$297,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Redeveloped drive-in flex building with heavy power and expansive clear heights, ready As-Is for sales and service operations.
Where is this flex space located?
The property is located at 38450 Tanger Dr North Branch, MN.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: 21,040 SF redeveloped drive‑in flex space with heavy power; Expansive clear heights for flexible service and operations; Modern, bright interior finish ready As‑Is for most sales and service uses
(651) 895-3217 Call to check price and availability
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