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  • Navillus East-1
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PENDING! Navillus Court East – Investment Opportunity
7957 College Road, Baxter, MN 56425
For Sale $299,000.00
Detailed Brochure

PENDING! Excellent opportunity to invest in a fully-occupied 2-tenant office-warehouse building located in the Baxter Industrial Park. This highly visible, easy accessible property is located at the SW corner of the College Road & Cypress Drive round-a-bout (construction in 2019).  Affordable opportunity to add to your portfolio.

  • Purchase Price: $299,000.00
  • Directions: From Hwy 210/371 intersection in Baxter - South on Hwy 371 - East on College Road - Property is at the SW corner of College Road and Cypress Drive
  • Building Size Total (Sq. Ft): 4,320
  • Building Size Main (Sq. Ft): 4,320
  • Lot Size (Sq. Ft): 54,450
  • Lot Size (Acres): 1.25
  • Lot Dimensions: Approx. 150’ x 45’ x 272’ x 180’ x 305'
  • Road Frontage: Approx. 150’ along College Road and 272’ along Cypress Drive
  • Price Note: See Agent for Lease & Financial Details
  • Property Tax Year: 2018
  • Annual Property Tax: $5,892.00
  • Cap Rate: 10.7% (Based off of Proforma)
  • Property Features / Assets: 4,320 SF Total. West Half: 2,160 SF (Currently Leased by Dish Network). East Half: 2,160 SF (680 SF Currently Leased by Comfort Keepers & 1,480 SF Currently Leased by Dish Network)
  • Water: City
  • Sewer: City
  • Heating: Office Area: Natural Gas Forced Air; Warehouse Area: 2 Gas Ceiling Mount Heaters
  • Cooling: Central Air - 2 Electric Ground Units
  • Electric – Amps: 2 (200) Amp Panels
  • Electric – Phase: Single
  • Lighting: Fluorescent
  • Year Built: 1999
  • Construction: Steel
  • Foundation: Concrete Block
  • Roof: Steel
  • Exterior: Concrete Block & Steel Siding
  • Ceiling Height - Office: 9'
  • Ceiling Height - Warehouse: 14'
  • Overhead Doors: 2 (12' W x 14' H) & 1 (7' W x 10' H) connecting warehouses
  • Floor Drains: 6
  • Bathrooms: 2 (1 per Half)
  • Security: Yes
  • Parking Spaces: 25 Paved Parking Spaces
  • Neighboring Businesses: Located in the Baxter Industrial Park, nearby businesses include Westwood, Mortenson Construction, Specialty Home Med, Institute of Nondestructive Testing, Cherrywood Fabrics, Navillus Land Company, Tee Hive, Norson, NRS, Just for Kix, Bernicks, Fastenal, Avantech, Lindar Corporation, USPS, Abra, plus numerous others.
  • Traffic Counts: 9,600 on College Road and 22,200 on Hwy 371
  • MLS #: 5203682
  • CC File #: 1520
  • Zoning: I-Industrial Office
  • PID#: 032050050030009
  • Legal Description: Lot 3 Block 5 exc pt of Lots 1 & 3 Blk 5 pt of Greenwood Rd vacated on Doc #596488 & pt of N 150 ft of Lot 5 Blk 2 Baxter Industrial Park Phase 3 which lie N’ly & e’ly of fol desc line: com at NW cor of said Lot 1 then S 87D 59’10”W bear based on sd Baxter Industrial Park 33.03 ft alg N line of sd vacated Greenwood Rd to C/L of sd vacated rd POB of line to be desc then S 0D 19’18”W 20.02 ft alg sd C/L of vacated Greenwood Rd to W’ly ext of S line of N 20 ft of sd Lot 1 then N 87D 59’10”E 380.82 ft alg sd S line of N 20 ft of Lot 1 & its W’ly ext & alg S line of N 20 ft of sd Lot 3 then S 45D 45’43”E 44.49 ft to W line of E 20 ft of sd Lot 3 then S 0D 29’24”W 422.8 ft alg sd W line of E 20 ft of Lot 3 & alg W line of E 20 ft of sd Lot 5 to S line of sd N 150 ft of Lot 5 then N 97D 54’26”E 20.02 ft alg sd S line of N 150 ft of Lot 5 to E line of S Lot 5 & sd line there term.
Property Map

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