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Freestanding Restaurant Building
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38681 Tanger Dr, North Branch, MN 55056

Renovated in 2022 with B-3 zoning, pylon signage, and convenient access near I-35.

Property Size3,699 SF
Lot Size0.97 Acres
Days on Market12

Property Features for 38681 Tanger Dr

General Information

Standard status Active
Size 3,699 SF
Lot size 0.97 Acres
Property subtype Retail
Zoning B-3

Site & Location

Frontage 270 ft
Pylon Signage Yes
Highway Access Yes
Road Access Yes

Building Details

Year Renovated 2022
Listing Agency: RIC Properties
Listed By: Bryce Thompson · License #40689317
Source: Crexi
Added: Sep 15 Changed: Sep 25 Last Checked: Sep 24 at 7:20AM

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 RIC Properties

Investment Insights

Based on property information with market context.

This freestanding restaurant property contains approximately 3,699 square feet on a 0.97-acre site. The existing configuration is designed for restaurant operations and was renovated in 2022, providing an established commercial building with prominent pylon signage and ample surface parking.

The property is located near I-35 in North Branch, Minnesota, with convenient access to the surrounding commercial corridor. Approximately 270 feet of frontage along Tanger Drive supports the site's presence within the area. B-3 zoning is in place, and the property is also identified as suitable for retail or service uses.

Key Highlights

  • ±3,699 SF freestanding restaurant property
  • ±0.97‑acre site with ample surface parking
  • Renovated in 2022

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

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

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby
201k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 38% Apparel 5% Electronics 1%
Kwik Trip Shops & Services
39,606 visits/mo 0.1 miles
McDonald's Dining
25,437 visits/mo 0.3 miles
Holiday Station Store Shops & Services
16,262 visits/mo 0.2 miles
Starbucks Dining
14,366 visits/mo 0.3 miles
Caribou Coffee Dining
12,000 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated in 2022 with B-3 zoning, pylon signage, and convenient access near I-35.
Where is this conventional restaurant located?
The property is located at 38681 Tanger Dr North Branch, MN.
What are key features of this property?
This property features: ±3,699 SF freestanding restaurant property; ±0.97‑acre site with ample surface parking; Renovated in 2022
(612) 355-0751 Call to check price and availability
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