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Investment Highlights

  • Direct I-35 frontage and visibility — strong building-face signage
  • Brand-new 16' x 14' commercial overhead door, fully sprinklered (wet)
  • Ideal for: auto dealer, distribution, showroom, contractor, medical, recreation
  • Newly renovated 2025 — 24'–28' clear heights, mezzanine, concrete and tile floors
  • 1.96 acres, 142 parking spaces — zoning B Commercial Business (flexible)
  • Sale $1,999,500 / Lease $7/SF NNN — 1031 exchange welcome — owner financing available

Executive Summary

Newly renovated ±20,500 SF flex/industrial building situated on 1.96 acres with direct Interstate 35 frontage and high-visibility signage exposure. The property features 17,736 SF on the main level plus a 2,764 SF concrete mezzanine suitable for office, showroom, or storage use, with 24’–28’ clear heights, a new 16’ x 14’ overhead door, and full wet sprinkler system. Constructed with a durable concrete panel and steel structure, the building includes rooftop HVAC, concrete and tile flooring, and flexible buildout potential. The site offers 142 parking spaces (±8/1,000 SF) with ample circulation on all sides, making it well-suited for a wide range of commercial and light industrial uses, including showroom, distribution, contractor shop, recreational, or service-oriented operations. Offered for sale at $1,999,500 ($98/SF) or lease at $7.00/SF NNN, with owner financing and 1031 exchange opportunities available.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Service Station
Building Size
20,500 SF
Building Class
C
Year Built/Renovated
1995/2025
Price
$1,999,500
Price Per SF
$97.54
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.96 AC
Zoning
B3 - Commercial & industrial Business
Parking
142 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
277’ on Tanger Dr

Amenities

  • Freeway Visibility
  • Mezzanine
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 20,500 SF
  • Industrial
  • -
  • Now

FOR LEASE- 20,500 SF Warehouse & Commercial Space — North Branch, MN Address: 38450 Tanger Drive, North Branch, MN 55056 Total Building Size: 20,500 SF Zoning: Commercial Business Excellent Visibility from I-35 Property Highlights: First Floor: 17,736 SF of functional space ideal for warehouse, distribution, or commercial use Concrete Mezzanine: 2,764 SF with access for light storage, office buildout, or workspace Ceiling Heights: Vary from 24" to 28" Clear Height’ — perfect for accommodating a variety of equipment and layouts Overhead Doors: (1) brand-new 16’ x 14’ commercial overhead doors Construction: Concrete panel exterior with steel roof structure and rubber membrane roofing Interior Finish: Painted drywall and ceramic tile walls; polished concrete, and tile. HVAC: 100% rooftop units Fire Suppression: Fully sprinklered with a 100% wet system Utilities & Infrastructure: Power/Gas: Electric and gas available Water/Sewer/Storm: Fully connected to public utilities Restrooms: Men’s & women’s restrooms with 6–8 stalls/urinals each Windows & Doors: Aluminum-framed windows with aluminum, and steel doors Site Features: Lot Size: 1.25 acres (approx. 54,450 SF per county records) Parking: Ample bituminous parking on north, south, and east sides of the property Outdoor Storage: None currently, but possible with city approval Visibility: Outstanding location with signage potential visible from Interstate 35 Ideal For: Warehousing & distribution Light manufacturing Showroom space Trade businesses or contractors Regional service center Lease Terms & Showing Information: Asking $8.00 a square foot -Triple Net Lease Flexible lease terms available. Showings by appointment only. Contact: 239-314-8785

Space Size Space Use Position Available
1st Floor 20,500 SF Industrial - Now

1st Floor

Size
20,500 SF
Space Use
Industrial
Position
-
Available
Now

1st Floor

Size 20,500 SF
Space Use Industrial
Position -
Available Now

FOR LEASE- 20,500 SF Warehouse & Commercial Space — North Branch, MN Address: 38450 Tanger Drive, North Branch, MN 55056 Total Building Size: 20,500 SF Zoning: Commercial Business Excellent Visibility from I-35 Property Highlights: First Floor: 17,736 SF of functional space ideal for warehouse, distribution, or commercial use Concrete Mezzanine: 2,764 SF with access for light storage, office buildout, or workspace Ceiling Heights: Vary from 24" to 28" Clear Height’ — perfect for accommodating a variety of equipment and layouts Overhead Doors: (1) brand-new 16’ x 14’ commercial overhead doors Construction: Concrete panel exterior with steel roof structure and rubber membrane roofing Interior Finish: Painted drywall and ceramic tile walls; polished concrete, and tile. HVAC: 100% rooftop units Fire Suppression: Fully sprinklered with a 100% wet system Utilities & Infrastructure: Power/Gas: Electric and gas available Water/Sewer/Storm: Fully connected to public utilities Restrooms: Men’s & women’s restrooms with 6–8 stalls/urinals each Windows & Doors: Aluminum-framed windows with aluminum, and steel doors Site Features: Lot Size: 1.25 acres (approx. 54,450 SF per county records) Parking: Ample bituminous parking on north, south, and east sides of the property Outdoor Storage: None currently, but possible with city approval Visibility: Outstanding location with signage potential visible from Interstate 35 Ideal For: Warehousing & distribution Light manufacturing Showroom space Trade businesses or contractors Regional service center Lease Terms & Showing Information: Asking $8.00 a square foot -Triple Net Lease Flexible lease terms available. Showings by appointment only. Contact: 239-314-8785

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Denny's
Anytime Fitness
Caribou Coffee
Starbucks

Property Taxes

Property Taxes

Parcel Number
11-00413-20
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$517,100
  • Listing ID: 38610196

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 38450 Tanger Dr, North Branch, MN 55056

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