506 James St Brainerd, MN
Versatile office and industrial space near high-traffic Washington St corridor.
- Added:
- Jun 26, 2025
- Days on Market:
- 382
- Last Refresh:
- May 20 at 8:36 pm
Property Features for 506 James St
General Information
- Standard status
- Active
- Size
- 27,402 SF
- Lot size
- 1.74 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 506 James St Contact usListing office Close-Converse Commercial Properties (218) 831-7510
Listing date Jun 26, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Close-Converse Commercial Properties
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent office‑warehouse facility in central Brainerd location.
- Rare combination of office and industrial space.
- Spacious front office featuring a reception area, open work zones, 10 private offices, conference room, and kitchen/dining area.
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 | $238.7k | $8.71 |
| − Vacancy | −$9.3k | −$0.34 |
| EGI | $229.4k | $8.37 |
| − OpEx | −$34.4k | −$1.26 |
| NOI | $195.0k | $7.11 |
