Property profile

421 W Washington St #West Brainerd, MN 56401

FOR LEASE
Strip malls
Property ID
US46-0525153
5,324 SF 0.42 ac lot Built 1989
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional executive office space, totaling 1,625 square feet, is situated within a thriving three-tenant strip center in Brainerd, Minnesota. Located on the high-traffic Hwy 210/Washington Street corridor, this property offers unparalleled visibility and accessibility. The building, constructed in 1989, boasts a total of 5,325 square feet and features a variety of amenities. The office space itself offers ceiling heights of 9 feet (with 11-foot ceilings in the reception and workspace areas). The property sits on a 0.41-acre lot and includes 25 shared paved parking spaces for convenient client and employee access. The space is zoned GC - General Commercial, providing flexibility for a range of businesses. Power is supplied by a 200-amp, single-phase system. This single-tenant space is perfect for businesses seeking a prominent location alongside established businesses like Subway and Domino's, ensuring high foot traffic and brand synergy. The property's address is 421 W Washington St, Brainerd, MN 56401, with the APN numbers 41040623 and 09198042007Z009 in Crow Wing County. This is a rare opportunity to secure a highly visible and well-located commercial space in a bustling area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Total area 5,324 SF
Lot 0.42 ac (18,175 SF)
APN 41040623
UPID US46-0525153

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Take-out & Catering Catering Service
  • (Bike/Boat/Book/etc) Store
  • Atm

Location

421 W Washington St #West Brainerd, MN 56401
Brainerd metro Census 951200 BRAINERD, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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