3 NE WASHINGTON STREET, BRAINERD

Transcription

1 FOR LEASE 3 NE WASHINGTON STREET, BRAINERD 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, 8 Aerial Photos 9 Plat 10 Zoning Map 11, 12 Zoning Description 13 Traffic Counts 14 Location Map 15, 16 Demographics 17 Thank You 18 Agency Disclosure 19 Contact 2

3 { Features } Corner Commercial Building. Great opportunity to located in Northeast Brainerd along the heavily traveled Washington Street/Hwy 210 East corridor. This highly visible, easily accessible property is located at the corner of a stoplight intersection. An affordable lease rate and functional space make this commercial corner ideal for your retail or office-service business. Location: 3 NE Washington Street, Brainerd, MN Directions: Lot Size: From the historic water tower in downtown Brainerd - East on Washington Street to Gillis Avenue - Property is on the NE corner of Washington Street and Gillis Avenue 0.28 acres (12,180 sq. ft.) Lot Dimensions: 87 x 140 Frontage: Building Size: Lease Rate: 87 along Washington Street and 140 along Gillis Avenue 2,370 sq. ft. $2,300/Month Triple Net 2015 Real Estate Taxes: $6,750 (Including $ in Assessments) Water & Sewer: Heating: Cooling: City Natural Gas Forced Air Electric - Roof Top Unit Continued on next page. 3

4 { Features } Electric: Lighting: 200 Amp, Single Phase Fluorescent Year Built: 1995 Construction Type: Foundation: Roof: Exterior: Concrete Block Concrete Block Flat - Rubber Membrane Stucco & Brick Ceiling Height: 9 Bathrooms: 1 Floor Drains: 2 High Speed Internet: Parking: Zoning: PID#: Legal: Neighboring Businesses: Yes 6 Paved Parking Spaces in Front and 4 in Back B4 - General Commercial Z009 Lots 8-10 Block 1 Inclusive, Fairview Addition to the City of Brainerd Businesses nearby include Sakura Express, Tom s TV, Mr. Tire, Midway Auto, NE Liquor, Fast Cash, Pottery, Crazy Jim s, The Skillet, Jimmy John s, Corral Auto, Taco John s, E Side Auto, Super America, McDonalds, Cash Wise Liquor, Cash Wise Video, KFC, Wild Bird Store, Good Will, Anytime Fitness, Cub Foods, East Brainerd Shopping Center, plus numerous others. 4

5 { Floor Plan } 5

6 { Photos } Washington Street Parking & Entrance Back Side of Building & Employee Parking Restroom & Mechanical Room Mechanical Room & Door to Storage Retail Area Storage 6

7 { Aerial Photo } N Dairy Queen Hardee s St. Joseph s Hospital DOWNTOWN BRAINERD Gregory Park Northern Pacific Center GILLIS AVE Super America WASHINGTON ST/HWY 210 Mr. Tire Midway Auto Sakura Express Tom s TV NE Liquors Taco Johns E Side Auto Jimmy Johns Corral Auto Building For Lease McDonalds CashWise KFC Anytime Fitness East Brainerd Shopping Center Cub Foods HWY 25 Ascensus Nelson Doran Funeral Home Four Seas Dollar Tree Ascensus Subway Caribou Health First Bethlehem Church CR 3 LSS 7

8 { Aerial Photo } N Gregory Park Franklin Arts Center Building For Lease Taco Johns East Brainerd Shopping Center KFC CashWise McDonalds Super America Bethlehem Church Nelson Doran Funeral Home Ascensus Northern Pacific Center DOWNTOWN BRAINERD Mr. Tire Sakura Express Tom s TV NE Liquors Fast Cash Pottery Crazy Jims The Skillet Jimmy Johns Midway Auto 8

9 { Plat } Fairview Addition to the City of Brainerd N 9

10 { Zoning Map } B4 - General Commercial 10

11 { Zoning Description } SECTION GENERAL BUSINESS DISTRICT (B-4) Subd. 1. Purpose The purpose of the General Business District is to allow more intensive commercial uses that require extensive highway access for customer contact. Subd. 2. Permitted Uses (1) Any use permitted in the B-3 District as regulated by Section Subd. 2. (2) Vehicle and boat sales. (3) Lumber yards and construction material sales. (4) Garden and landscaping sales and supplies. (5) Medium and large print shops and publishing operations. (6) Farm implement sales. (7) Wholesaling and warehousing operations. (8) Auto/truck service stations as regulated by Section (9) Guard/Reserve Facilities. (10) Retail sales incidental to the manufacture, processing or wholesaling of products manufactured on, processed on, or wholesaled from the premises subject, however, to the following conditions: a. The retail sales area shall be segregated from the principal use of the building. b. The retail sales area shall not exceed 10% of the gross floor area of the building. (11) Automobile Body Shop subject, however to the following conditions: a. All outdoor storage of vehicles shall be screened by at least a 6 foot fence, but not in excess of 8½ feet in height, and shall be 90 percent opaque fence. b. Any vehicle parked or stored on the property for longer than 24 hours shall be kept in the screened yard. c. All employee and customer parking areas shall be on a paved surface. d. No outdoor display of merchandise is permitted. Continued on next page. 11

12 { Zoning Description } e. No outdoor sales of merchandise is permitted. (12) Adult Use as regulated by Section Subd. 3. Conditional Uses (1) Any use permitted as a Conditional Use in the B-3 District as regulated by Section Subd. 4. (2) Armories, convention halls, sport arenas and stadiums. (3) Bowling alleys, billiard and pool rooms, drive-in theaters, skating rinks, dance halls, gymnasiums, Y.M.C.A., Y.W.C.A., and similar uses. (4) Bus terminals. (5) Business or trade school when conducted entirely within a building. (6) Drive-in business as regulated by Section (7) Electrical service, heating, plumbing, appliances, upholstery, or air conditioning service shops. (8) Stone and monument sales. (9) Animal hospital or clinic and kennels. (10) Trailer and manufactured home sales. (11) Accessory uses other than those listed as permitted. (12) State licensed Residential Facilities serving up to sixteen (16) persons. Subd. 4. Accessory Uses (1) Uses incidental to the principal uses such as off-street parking and loading and unloading areas and storage of merchandise. (2) Signs shall be subject to sign regulations. (3) Single family dwellings. Subd. 5. Minimum Lot Requirements and Setbacks Minimum lot area, width, and height requirements not applicable unless specific standards appear under separate sections of the Ordinance. A 30 foot setback shall be required for buildings located adjacent to residentially zoned property. 12

13 { Traffic Counts } 2013 Counts from MNDOT Brainerd Traffic Counts: 27,000 on Washington St NE / Hwy 210 East & 580 on Gillis Ave 13

14 { Location Map } North South 14

15 { 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: Brainerd 30,237 Baxter 7,894 Estimated Summer Population: Brainerd/Baxter 200,000+ Projected Population Growth Change : Crow Wing County 0.53% Brainerd 0.34% Households in 2015: Crow Wing County 27,048 Brainerd 12, Median Household Income: Crow Wing County $49,559 Brainerd $44,444 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. 15

16 { 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 Boulder Tap House 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) Domino s Pizza El Tequila Erbert & Gerberts Ernie s Four Seas 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) 16

17 { 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. 17

18 { Agency Disclosure } 18

19 { 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 Kevin Close Chris Close, CCIM Jody Osterloh Rod Osterloh cell tim@closeconverse.com cell nate@closeconverse.com cell kevin@closeconverse.com cell chris@closeconverse.com cell, jody@closeconverse.com cell osterloh@closeconverse.com 19