7650 GOEDDERZ ROAD, BAXTER, MN
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1 INDUSTRIAL LEASE SPACE, MN COMMERCIAL REAL ESTATE BUSINESS BROKERAGE LAND & BUILDING DEVELOPMENT INVESTMENT & INCOME PROPERTIES TAX DEFERRAL STRATEGIES
2 { Table of Contents } Page 3, 4 Features 5 Floor Plan 6 Photos 7 Aerial 8 Section Map 9 Zoning Map 10, 11 Zoning Description 12 Traffic Counts 13 Location Map 14, 15 Demographics 16 Thank You 17 Agency Disclosure 18 Contact 2
3 { Features } Cold Storage for Lease. Excellent opportunity to locate in the Baxter Industrial Park just off of the Hwy 371 corridor. Enjoy open space in a large warehouse with an overhead door and easy access. Take advantage of this affordable opportunity to move or expand your industrial or service business. Location: 7650 Goedderz Road, Baxter, MN Directions: Lot Size: Building Size: From the Baxter Hwy 210/371 intersection - South on Hwy 371 to the stoplights - Left (east) on College Road - Left (north) on Baxter Industrial Park Road - Right (east) on Goedderz Road to the property on the left (north) 1 Acre (43,560 sq. ft.) for the entire parcel 16,000 sq. ft. (200 x 80 ) Divided into 2 Tenant Spaces Lease Space Size: 4,000 sq. ft. (50 x 80 ) Lease Rate: Water & Sewer: Heating/Cooling: Electrical: Lighting: Construction: $4.00/sq. ft. Triple Net ($1,334/month Base Rent) City None currently - space is insulated, but not heated 3-Phase Fluorescent Steel Frame Continued on next page. 3
4 { Features } Foundation: Exterior: Roof: Concrete Steel Steel Ceiling Height: 16 Overhead Doors: Floor Drains: Bathrooms: Parking: Frontage: Zoning: 1 (12 W x 12 H) Capped None 7+ Paved Parking Stalls Along Goedderz Road I - Industrial Office PID #: Part of Legal Description: Adjacent Tenants: Neighboring Businesses: Part of Lot 4 Block 1, Baxter Industrial Park Viking Electric Located in the Baxter Industrial Park, neighboring businesses include Service Master, Dept. of Transportation, WSN, Stern Industries, Just For Kix, C&L Distributing, ABC Collision, WJJY, Nor-son, Baxter Post Office, Specialty Home Med, Navillus Land, plus many others. Non-industrial neighbors include Olive Garden, Costco, JC Penney s, Super Wal-Mart, McDonalds, Discount Tire, and numerous others. 4
5 { Floor Plan } Entire Building Viking Electric 12,000 SF Lease Space 4,000 SF 5
6 { Photos } Entire Building Lease Space Warehouse Warehouse Warehouse Warehouse 6
7 { Aerial Photo } Applebee s Menards Mills Ford Body Works Best Buy Target Office Max Carpet One KFC Radco Taco Bell Liquor Mart Ponchos Mills GM Cub Foods Cash Wise Fleet Farm Kohl s Papa Murphy s Super One Dondelinger Costco HWY 210 Bob s Building Supply WSN Viking Dept. of Transportation IND PK RD BAXTER IND PARK JC Penney s GLORY RD Olive Garden COLLEGE RD Service Master Super Wal-Mart McDonalds HWY 371 Lease Space 7
8 { Section Map } Baxter Industrial Park N 8
9 { Zoning Map } City of Baxter I - Industrial Office 9
10 { Zoning Description } I - Industrial Office 10-3I-1: PERMITTED USES: No structure or land shall be used except for one or more of the following uses: Conducting a process, fabrication, storage, manufacturing or wholesaling operation or providing a service including any of the following or similar uses meeting the performance standards applicable to this district, not to include retail functions or retail floor space: Automobile painting, upholstering, tire recapping and major repair when conducted within a completely enclosed building. This does not include drive-in/drive-out tire and oil services which are determined to be retail service type uses. Bus terminals and maintenance garage. Contractors' yards when conducted entirely within a building. Ice, cold storage plants, bottling works. Laundries. Machine shops. 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. Paint mixing. Paper products from previously processed paper. Radio and television studios. Warehousing and wholesaling. (Ord , ) 10-3I-2: CONDITIONAL USES: No structure or land shall be used for one or more of the following uses except by conditional use permit: Brewing; cement; concrete; stone cutting; brick, glass; batteries (wet cell); ceramic products; mill working; metal polishing and plating; paint (pigment manufacturing); vinegar works; rubber products; plastics; meatpacking; flour, feed, grain milling; coal or tar asphalt distillation; distillation of bones; sawmill; lime; gypsum; plaster of Paris; glue; size cloth; paper mill; creosote plant; acid manufacture. Buildings, principal or accessory that would exceed forty five feet (45') in height. Crude oil, gasoline, or other liquid storage tanks. Explosives, including all activities involving the storage, utilization, or manufacture of materials or products such as TNT or dynamite which could decompose by detonation. Incineration or reduction of waste material other than customarily incidental to the principal use. Kilns or other heat processes fired by means other than electricity. Multibusiness pylon signs. Continued on next page. 10
11 { Zoning Description } Planned unit developments (PUD) allowing for commercial, office and industrial mixed uses with no minimum lot size. Poison, fertilizer, fuel briquettes manufacture or processing. Radio, television or telephone transmission towers. Storage, utilization, or manufacture of materials or products which could decompose by detonation. Truck and freight terminals. Any activity which emits smoke darker than shade no. 3 on the Ringelmann chart. (Ord , ) 10-3I-2-1: INTERIM CONDITIONAL USES: Auto wrecking, junkyard, used auto parts, open storage and similar uses. Open storage (primary or secondary use). Open storage when incidental to a principal use and conducted within a completely fenced area. Rendering works; refuse and garbage disposal and similar uses. (Ord , ) 10-3I-3: PERFORMANCE STANDARDS: Applicants for building permits in the I industry office district shall submit such evidence as may be required by the zoning administrator to assure compliance with the performance standards. Should the zoning administrator have any doubt as to the ability of any proposed use to meet the required standards, the matter shall be referred to the industrial park commission for a recommendation to the planning and zoning commission who shall make a recommendation to the city council who shall then grant or deny the application. (Ord , ) 10-3I-4: ACCESSORY USES: No accessory structure or use of land shall be permitted except for one or more of the following uses: Guesthouses owned and operated in conjunction with a permitted principal use. Off street parking and loading as regulated in this title. Residential structures and related residential uses necessary for security and safety reasons in relation to a principal use. Signs as regulated by section of this title. (Ord. 8, ; amd. Ord. 8.38, ) 10-3I-5: LOT AREA, HEIGHT, LOT WIDTH, AND YARD REQUIREMENTS: Please ask agent for a copy of further zoning requirements or log on to 11
12 { Traffic Counts } 2009 Counts from MNDOT Baxter Traffic Counts: 11,100 to 20,700 on Hwy
13 { Location Map } North South 13
14 { Demographics } Trade Area 2010 Population (Includes the following counties): Crow Wing County 62,670 Cass County 28,894 Total Trade Area Population 91, Population: Crow Wing County 62,670 Brainerd 30,966 Baxter 6,903 Estimated Summer Population: Brainerd/Baxter 200,000+ Projected Population Growth Change : Crow Wing County 0.77% Baxter 1.13% Households in 2010: Crow Wing County 26,051 Baxter 2, Median Household Income: Crow Wing County $47,702 Baxter $65,112 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. 14
15 { 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) 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 Breezy Point Marina Buffalo Wild Wings Burger King Caribou Coffee (2) Cherry Berry China Buffet China Garden Cold Stone Creamery Country Kitchen Cragun s Legacy Grill 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 Half Moon Saloon Hardee s Hunt N Shack Iven s on the Bay Restaurants/Fast Food Continued Jack s House Jake s Jimmy John s Jimmy s Pizza Kelly s KFC (2) Madden s Classic Grill Manhattan Beach Maucieri s Mayson s Grill McDonalds (3) Moonlite Bay Northwest Pizza & Boardwalk Bagel 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) Sundshine/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) 15
16 { 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/landlord s representatives, we know the seller s/landlord 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. 16
17 { Agency Disclosure } 17
18 { 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 . Nate Grotzke cell nate@closeconverse.com Tim Miller tim@closeconverse.com Chris Close, CCIM Kevin Close Rod Osterloh Jody Osterloh cell chris@closeconverse.com cell kevin@closeconverse.com cell osterloh@closeconverse.com cell jody@closeconverse.com 2012 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may be reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. 18
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