SOLD!

Excellent single-tenant office investment opportunity at the Fairview Office Park located along Hwy 210 in Baxter. This property offers a compelling opportunity in a thriving location experiencing significant growth and economic development. A 5 year triple-net lease was signed in July of 2024 with SEH, Inc., a well-established engineer/architecture firm. This well manicured office building provides a great return on investment. This conservation office park has driveways, parking and landscaping all with easy access and high traffic counts.

Purchase Price: $450,000.00
Directions: From the Baxter Hwy 210/371 intersection, West on Hwy 210 - Right at the access to the Fairview Service Drive (near The Baymont Hotel) - West on Fairview Road to Fairview Office Park located on the right
Building Size Total (Sq. Ft): 2,250
Building Size Main (Sq. Ft): 2,250
Lot Size (Sq. Ft): 3,378
Lot Dimensions: 50' x 68'
Road Frontage: Along Hwy 210 and Fairview Road
Lease Size Total (Sq. Ft): 2,250
Lease Size Main (Sq. Ft): 2,250
Property Tax Year: 2024
Annual Property Tax: $8,234.00
Property Features / Assets: See Brochure for Tenant Lease Terms.
Water: City
Sewer: City
Heating: Natural Gas Forced Air
Cooling: Central Air - Electric Ground Unit
Electric – Amps: 200
Electric – Phase: Single
Lighting: Fluorescent
Year Built: 2008
Construction: Wood Frame
Foundation: Concrete Block
Roof: Asphalt Shingles
Exterior: Cement Board Siding
Ceiling Height: 9'
Bathrooms: 2
Highspeed Internet: Fiber
Parking Spaces: Shared Paved Asphalt Parking
Adjacent Tenants: Fairview Office Park Occupants: Syvantis Technologies, Realty Group, Aveanna Home Health, Ellie Family Services, KavLand / Realty Group, Farm Bureau Services, and Ameriprise Financial
Neighboring Businesses: Neighboring businesses include Cosmetic & Family Dentistry, Baymont Inn, Lake Region Christian School, Stepping Stones Child Care, Home Depot, Midwest Machinery, Costco, Centra Care, Super Wal-Mart, Domino’s, Riverstone Professional Center, Northwoods Plaza, Home Goods, Hobby Lobby, Dick’s Sporting Goods, TJ Maxx, PetSmart, Ulta Beauty, Discount Tire, Cub Foods, Kohl’s, Fleet Farm, plus numerous others
Traffic Counts: 15,290 (2021) - 27,888 (2021) on Hwy 210 and 19,368 (2021) - 31,482 (2021) on Hwy 371
MLS #: 6554006
CC File #: 436
Zoning: OS - Office Service
PID#: 40070518
Legal Description: Lot 1 Block 1 (Common Element Parcels 036130010020009 036150010030009 & 0361300090J0009, Declaration Document #729834) Subj to Quiet Title Action per Doc # 779763. Fairview Office Park Third Supp Plt CIC 3618