13794 BLUESTEM COURT, BAXTER, MN

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1 FAIRVIEW OFFICE PARK, MN COMMERCIAL REAL ESTATE BUSINESS BROKERAGE LAND & BUILDING DEVELOPMENT INVESTMENT & INCOME PROPERTIES TAX DEFERRAL STRATEGIES

2 { Table of Contents } Page 3-5 Features 6 Floor Plan 7 Site Plan 8 CIC Plat 9, 10 Photos 11 Aerial Photo 12 Zoning Map 13, 14 Zoning Description 15 Traffic Counts 16 Location Map 17, 18 Demographics 19 Thank You 20 Agency Disclosure 21 Contact 2

3 { Features } Natural Office Space. Fairview Office Park is a showcase property drawing lots of attention as Baxter s first conservation design office park. The focus on a natural and park-like setting creates a pleasing environment for workers and clients alike. Great opportunity to lease turn-key space within one of the existing buildings. Enjoy great visibility and easy access along the Hwy 210 corridor. Location: Bluestem Court, Suite 150, Baxter, MN Directions: From the Baxter Hwy 210/371 intersection, West on Hwy Right at the access to the Fairview Service Drive (near Baymont Inn) - West on Fairview Road to Fairview Office Park located on the right at Bluestem Court - Lease Space is located within the third building on the right (east) Fairview Office Park: Fairview Office Park is a 4.4 acre project that will accommodate 8 buildings ranging from 3,500 to 10,000 square feet each. Available Lease Space: Suite 150: 1,250 sq. ft.southern Portion of Building Note: Turn-Key Space Lease Rate: Est. Operating Expenses: Water & Sewer: Heating: $10.00/sq. ft. Triple Net $5.12/sq. ft./year City Natural Gas Forced Air Continued on next page. 3

4 { Features } Cooling: Electric: Lighting: Energy Efficient Central Air - Electric Ground Unit 200 Amp, Single Phase Fluorescent Year Built: 2015 Construction: Foundation: Exterior: Roof: Wood Frame Concrete Cement Board Siding Asphalt Shingles Ceiling Height: 8-5 Restrooms: 2 (Shared w/ Adjoining Tenant) Floor Drains: 3 High Speed Internet: Yes Access: Fairview Road off of Hwy 210 Frontage: Parking: Landscaping: Association: Conservation: Zoning: Legal Description: Along Hwy 210 & Fairview Road 110+ Existing Shared Paved Parking Spaces Completed landscaping is in place for the entire development The park has association covenants - see agent for details Visit: for details. OS - Office Service CIC #1088 Fairview Office Park (Common Element Parcels , & J0009 Declaration Document #729834) Subj to various Quiet Title Actions Continued on next page. 4

5 { Features } Fairview Office Park Occupants: Syvantis Technologies, Farm Bureau, Sarff Johnson Law, TechniScribe, Vercon, Ameriprise Financial, and Deco Neighboring Businesses: Neighboring businesses include Baymont Inn, Lake Region Christian School, Stepping Stones Child Care, Home Depot, Action Graphics, Northwood Turf & Power, Costco, Super Wal-Mart, McDonald s, Riverstone Professional Center, Northwoods Plaza, JC Penney s, Olive Garden, Discount Tire, Cub Foods, Kohl s, Fleet Farm, and many others. Fairview Office Park Disclosure: (CIC documents are available - ask agent for a copy) Fairview Office Park is a Planned Unit Development and organized under Minnesota law as Common Interest Community (CIC) No Fairview Office Park Association, Inc., with a Board of Directors made up of unit owners, manage the affairs of the Planned Community, including appropriate rules for operations of the park. In addition to the individual lots (units), there is common area consisting of parking areas, green space and bio-retention areas. Maintenance of the common areas is managed by the Association and the costs equitably shared by the unit owners. Maintenance includes such things as: grounds maintenance, snow plowing, insurance, utilities and landscaping. Architectural restrictions are in place to maintain the integrity of the Office Park and its low impact development focus. Improvements to any of the building lots will be subject to review and approval by the architectural control committee to ensure harmony with the Arts and Crafts style. 5

6 { Proposed Floor Plan } * Current entry & reception differs from the above floor plan. 6

7 { Site Plan } Site 6 Site 5 LEASED! Site 4B Site 4A Site 3 LEASED! Site 2 SOLD! SOLD! Suite 150 1,250 SF AVAILABLE FOR LEASE Site 7 SOLD! Site 8 Site 1 LEASED! LEASED! 7

8 { CIC Plat } 8

9 { Photos } Fairview Office Park Office Park Pylon Office Park Pylon Office Park Office Park Office Park Office Park 9

10 { Photos } Front Office Front Corner Office Side Office 1 (Connects to Front Corner Office) Side Office 2 Back Corner Office Back Office 10

11 { Aerial Photo } Available Space Super 8 Radco Light Depot Liquor Mart Gander Mountain Bremer N Fairview Office Park Baymont Inn Stepping Stones Cub Foods Lake Region Cashwise Liquor Holiday Mills GM Fleet Farm Kohl s Northwoods Home Depot Turf & Power Costco Northwoods Plaza Timbers Edge WSN Dept. of Transportation Baxter Essentia JC Penney s Discount Olive Garden Tire Mid-MN FCU Super Wal-Mart McDonald's Cuyuna Regional Medical Center Surgery Center 11

12 { Zoning Map } City of Baxter OS - Office Service 12

13 { Zoning Description } OS - Office Service 10-3H-1: PERMITTED USES: No structure or land shall be used except for one or more of the following uses: The following offices, business and professional, including: accounting; auditing; bookkeeping offices; advertising offices; banks and financial institutions; business associations; business and management consultant offices; chiropractic offices; civic, social and fraternal association offices; consumer and mercantile credit reporting office services; contractors offices; dental offices; detective and protecting agency offices; educational and scientific research offices; employment agency offices; engineering and architectural offices; finance offices; government offices; insurance offices; investment offices; labor unions; laboratories, medical/dental with accessory research and testing; legal offices; library and art galleries; loan institutions; medical and dental offices; osteopathic and optometric offices; post office; professional membership organizations; real estate offices. Municipal buildings where the use conducted is customarily considered to be an office use. Offices of a general nature where the employment within the building does not exceed five hundred (500) persons and the operations do not include retail sales or warehousing from the site. Uses not explicitly enumerated in this section as permitted uses, but closely similar thereto; provided, that these uses are not explicitly mentioned as permitted or conditional uses elsewhere in this title. (Ord. 8, ) 10-3H-2: CONDITIONAL USES: No structure or land shall be used for one or more of the following uses except by conditional use permit: Accessory structures or uses other than those listed as permitted. Armories, convention halls, sport areas and stadiums. Art studio, interior decorating studio, photographic studio, and music studio. Bowling alleys, billiard and pool rooms, skating rinks, gymnasiums, YMCA, YWCA, nightclubs, fraternal organizations, bus terminals, business or trade school when conducted entirely within a building, drive-in business subject to the requirements of this title. Essential service structures, including, but not limited to, buildings such as telephone exchange stations, booster or pressure stations, elevated tanks, lift stations, and power substations. Continued on next page. 13

14 { Zoning Description } Funeral homes and mortuaries. Historical buildings, museums, art institutes, galleries, and theaters for the performing arts. Hospitals for human care, sanitariums, rest homes and nursing homes. Multibusiness pylon signs. Nonprofit clubs and lodges provided they are not less than seventy five feet (75') from any R district. Planned unit development (PUD) with a minimum size of five (5) acres 1. Radio and television studios. Theaters. (Ord , ; amd. Ord , ; Ord , ) 10-3H-2-1: INTERIM USES: As determined by the planning and zoning commission. (Ord , ) 10-3H-3: ACCESSORY USES: No accessory structure or use of land shall be permitted except for one or more of the following uses: Any incidental repair, processing or storage necessary to conduct a permitted principal use shall not occupy more than thirty percent (30%) of the gross floor area of the principal building. Buildings temporarily located for purposes of construction on the premises for a period not to exceed time necessary to complete said construction. Decorative landscape features. Private garages, off street parking and loading spaces as regulated in this title. Public telephone booths, provided all yard requirements for accessory uses are met. Signs as regulated by section of this title. (Ord. 8, ; amd. Ord. 8.38, ) 10-3H-4: LOT AREA, HEIGHT, LOT WIDTH, AND YARD REQUIREMENTS: Please ask agent for a copy of zoning requirements or log on to 14

15 { Traffic Counts } 2013 Counts from MNDOT Baxter Traffic Counts: 27,800 on Hwy 371 and 12,000 on Hwy

16 { Location Map } North South 16

17 { Demographics } Figures from STDB, CCIM Trade Area 2015 Population (Includes the following counties): Crow Wing County 64,354 Cass County 29,107 Total Trade Area Population 93, Population: Baxter 7,894 Brainerd 30,237 Estimated Summer Population: Brainerd/Baxter 200,000+ Projected Population Growth Change : Crow Wing County 0.53% Baxter 0.77% Households in 2015: Crow Wing County 27,048 Baxter 3, Median Household Income: Crow Wing County $49,559 Baxter $62,474 Crow Wing County Retail Sales in 2004: $1,563,020,000 Major Employers (with 150 or more employees): # of Employees Brainerd Public Schools #181 Brainerd 950 St. Joseph s Medical Center Brainerd 908 Brainerd Regional Human Service Ctr Brainerd 677 Grand View Lodge Nisswa 600 Maddens, Inc. Brainerd 500 Crow Wing County Brainerd 450 Ascensus Brainerd 404 Cuyuna Regional Medical Center Crosby 390 Cragun s Resort Brainerd 350 Bethany Good Samaritan Village Brainerd 325 Central Lakes Community College Brainerd 313 Super Wal-Mart Baxter 300 Brainerd Medical Center Brainerd 285 Crosby Public Schools-ISD Crosby 255 Ruttger s Bay Lake Lodge Deerwood 250 U.S. Link Pequot Lakes 246 Trus Joist Mac Millan Brainerd 220 Breezy Point Resort Breezy Point 205 Pequot Lakes Public Schools Pequot Lakes 200 Riverwood International USA Crosby 190 Nor-son, Inc. Baxter 177 MN Dept of Transportation Baxter 175 Anderson Brothers Construction Brainerd 160 Keystone Automotive Industries Brainerd 157 Woodland Good Samaritan Village Brainerd 150 Good Neighbor Home Health Care Brainerd 150 Continued on next page. 17

18 { Demographics } Area Businesses: (To see a list of additional businesses, please go to Financial Institutions: 15+ (multiple locations not counted) Churches: 30+ Schools: 15+ Golf Courses: 27+ Resorts: Bay Colony Inn Breezy Point Resort Craguns Fritz s Resort Grand View Lodge Gull Lake Resort Izaty s Kavanaugh s Lost Lake Lodge Maddens Quarterdeck Ruttger s Bay Lake Lodge Sullivans Plus numerous others Major Retailers: Anytime Fitness Baxter Village (6 Retailers) Best Buy Big Lots Book World Brother s Motorsports Christmas Point Costco Crosslake Town Square (12 Retailers) Cub Foods (2) Discount Tire Dunham Sports East Brainerd Mall (17 Retailers) Fleet Farm Gander Mountain Herberger s Home Depot JC Penney s Kohl s Major Retailers Continued: Menards Northwoods Plaza (6 Retailers) Office Max Sears Super One Super Wal-Mart Target The Power Lodge Walgreens Westgate Mall (27 Retailers) Restaurants/Fast Food: 371 Diner Antler s Applebee s Arby s Bar Harbor Billy s Black Bear Lodge & Saloon Bonanza Boomer Pizza Brick House Pizza Breezy Point Marina Buffalo Wild Wings Burger King Caribou Coffee (2) Cherry Berry China Buffet China Garden Cold Stone Creamery Country Kitchen Cowboy s Cragun s Legacy Grill Cru Culver s Dairy Queen (3) Daylight Donuts Domino s Pizza El Tequila Erbert & Gerberts Ernie s Famous Dave s Giovanni s Pizza Grizzly s Grill & Saloon Restaurants/Fast Food Continued Half Moon Saloon Hardee s Hunt N Shack Iven s on the Bay Jack s House Jakes s Jimmy John s KFC (2) Madden s Classic Grill Manhattan Beach Maucieri s McDonalds (3) Moonlite Bay Northwinds Grille Olive Garden Papa John s Pizza Papa Murphy s Pizza Perkins Pestello s Pine Peaks Pizza Hut Pizza Ranch Poncho & Lefty s Prairie Bay Prime Time Quarterdeck Rafferty s Pizza (3) Riverside Inn Ruttger s Sawmill Inn Sherwood Forest Starbucks Subway (3) Sunshine/Moonshine Taco Bell Taco John s The Barn The Chap The Commander The Lodge Grill The Pines at Grandview Timberjack TJ s Log Cabin Wendy s (2) Ye Ole Wharf Zorbaz (2) 18

19 { Thank You } Thank you for considering this Close - Converse opportunity Close - Converse is pleased to present this real estate opportunity for your review. It is our intention to provide you with the breadth of information and data that will allow you to make an informed decision. We are here to help Please review this package and contact us with any questions you may have. We are prepared to discuss how this property meets your needs and desires. Facts, figures and background information will aid in your decision. Should you need specialized counsel in the areas of taxation, law, finance, or other areas of professional expertise, we will be happy to work with your advisor or, we can recommend competent professionals. How to acquire this opportunity When you have made a decision to move forward, we can help structure a proposal that covers all the complexities of a commercial real estate transaction. As seller s representatives, we know the seller s specific needs and can tailor a proposal that expresses your desires, provides appropriate contingencies for due diligence and results in a win-win transaction for all parties. Agency and you Generally, we are retained by sellers or landlords to represent them in the packaging and marketing of their commercial, investment or development real estate. You are encouraged to review the Minnesota disclosure form Agency Relationships in Real Estate Transactions which is enclosed at the end of this package. If you have questions about agency and how it relates to your search for the right property, please ask us. We will answer all your questions and review the alternatives. Should you wish to pursue this opportunity, please acknowledge your review of Agency Relationships by signing, dating and returning it to us. 19

20 { Agency Disclosure } 20

21 { Contact } Address: 521 Charles Street PO Box 327 Brainerd, MN Telephone: Fax: Website: You may also contact the following members of the Close~Converse team by cell phone or . Tim Miller Nate Grotzke, CCIM Chris Close, CCIM Kevin Close Jody Osterloh Rod Osterloh cell tim@closeconverse.com cell nate@closeconverse.com cell chris@closeconverse.com cell kevin@closeconverse.com cell jody@closeconverse.com cell osterloh@closeconverse.com 21