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I-35 Industrial Flex - Auto Dealer Ready 38450 Tanger Dr 20,500 SF Retail Building North Branch, MN 55056 $1,999,500 ($97.54/SF)
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
THE BUILDING
• 17,736 SF first floor
• 2,764 SF concrete mezzanine — flexible buildout (office, storage, or showroom)
• 24'–28' clear ceiling heights
• Brand-new 16' x 14' commercial overhead door
• Concrete and tile flooring throughout
• Fully sprinklered (wet system)
• Rooftop HVAC, tenant-controlled
• Concrete panel exterior, steel structure, rubber membrane roof
THE SITE
• 1.96 acres, 2 parcels included
• 142 parking spaces (8/1,000 SF ratio)
• Bituminous parking on north, south, east sides
• Direct I-35 visibility — strong building-face signage
• Zoning: B-3 — flexible commercial use
IDEAL USES (drive-by I-35 cabin-country traffic + Twin Cities metro reach)
1. Auto dealership (new or used) — I-35 drive-by traffic
2. Auto repair / service / collision center
3. Boat / RV / motorsports dealer or repair
4. Spa, pool, and hot tub dealer or showroom — cabin-country audience
5. Outdoor power equipment dealer (mowers, snowblowers, ATVs, snowmobiles)
6. Distribution / 3PL / warehouse
7. Light manufacturing
8. Climate-controlled storage / self-storage
9. Contractor's shop / trade office
10. Truck or fleet maintenance facility
11. Showroom / flex retail (kitchen & bath, appliances, tile)
12. Indoor recreation (trampoline park, axe throwing, golf simulators, sports training)
13. Medical clinic / urgent care / specialty practice
14. Gym / fitness studio / CrossFit box
15. Day care / childcare facility
16. Church / event venue / banquet hall
17. Brewery / distillery / taproom
18. Wholesale supply / building materials / plumbing / HVAC distribution
19. Cabinetry / millwork / fabrication shop
20. eCommerce fulfillment / Amazon DSP / last-mile logistics
21. Indoor pickleball / volleyball / batting cages / bouldering gym
22. Refrigerated warehouse / food production / frozen entrée manufacturing
TERMS
• For Sale: $1,999,500 ($98/SF)
• For Lease: $7.00/SF NNN
• 1031 exchange welcome
• Owner financing available
Video tour: https://youtu.be/_szcb8bsDSw
Contact: Meridian Real Estate Holdings — (651) 350-1990
Property Facts
Amenities
- Freeway Visibility
- Mezzanine
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
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
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-00413-20 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $517,100 |
Property Taxes
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I-35 Industrial Flex - Auto Dealer Ready | 38450 Tanger Dr
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