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Northwoods Plaza 13495 Elder Dr

14,801 SF 80% Leased Retail Building Baxter, MN 56425 £1,644,930 (£111/SF)

Investment Highlights

  • 6 Tenant Retail/Office Center!
  • Prime Commercial Neighborhood!
  • Investment Opportunity!

Executive Summary

Excellent opportunity to invest in an office/retail strip center! Northwood Plaza is located in
Baxter on a prime corner near several big-box retailers including Costco, Home Depot, Hobby Lobby and Super Wal-Mart. Current tenants enjoy high traffic counts, excellent visibility and synergistic neighbors in a growing commercial area.
Plaza Size: 14,801 SF Total; Suite 100: 1,808 SF (LEASED - Greenhaven Family Dental); Suite 120: 2,838 SF (LEASED - Sleep Center of Central MN); Suite 130: 1,554 SF (Artisan Windows & Doors); Suite 140: 1,550 SF (LEASED - Miracle Ear); Suite 150: 3,025 SF (AVAILABLE) Note: Potential for a Drive-Thru; Suite 160: 4,026 SF (LEASED - Play It Again Sports).

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
14,801 SF
Building Class
B
Year Built
2006
Price
£1,644,930
Price Per SF
£111
Percent Leased
80%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.14
Lot Size
2.45 AC
Zoning
C-2 - Regional Commercial
Parking
70 Spaces (6.49 Spaces per 1,000 SF Leased)
Frontage
345 ft on Elder Drive

Amenities

  • Corner Lot
  • Pylon Sign
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 150
  • 3,025 SF
  • Retail
  • In-Line
  • Now

Drive-Thru Potential!

Space Size Space Use Position Available
150 3,025 SF Retail In-Line Now

150

Size
3,025 SF
Space Use
Retail
Position
In-Line
Available
Now

150

Size 3,025 SF
Space Use Retail
Position In-Line
Available Now

Drive-Thru Potential!

Nearby Major Retailers

Country Kitchen
Caribou Coffee
Five Guys
Cash Wise
Cub Foods
Super One Foods
Bremer Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
033370010010009
Land Assessment
£510,320
Improvements Assessment
£662,123
Total Assessment
£1,172,443
  • Listing ID: 25996383

  • Date on Market: 22/06/2022

  • Last Updated:

  • Address: 13495 Elder Dr, Baxter, MN 56425

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