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Anderson 7771 College Rd 4,576 SF 100% Leased Industrial Building Baxter, MN 56425 $499,000 ($109.05/SF) 6.15% Cap Rate



Investment Highlights
- Excellent Industrial Investment Opportunity!
- East Half: 2,240 SF (Results Contracting)
- SW Quadrant: 1,328 SF (5 Star Auto Glass)
- Bldg Size: 4,576 SF Total; Shared Entry: 96 SF
- NW Quadrant: 912 SF (Keeley Construction)
Executive Summary
Property Facts
| Price | $499,000 | Lot Size | 0.83 AC |
| Price Per SF | $109.05 | Rentable Building Area | 4,576 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.15% | Year Built | 1997 |
| Property Type | Industrial | Parking Ratio | 2.84/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Zoning | I - Industrial Office | ||
| Price | $499,000 |
| Price Per SF | $109.05 |
| Sale Type | Investment |
| Cap Rate | 6.15% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.83 AC |
| Rentable Building Area | 4,576 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Parking Ratio | 2.84/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I - Industrial Office |
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- 5 Star Auto Glass LLC
- -
- -
- $8.81
- Modified Gross
- Jun 2025
- Keeley Construction Group
- -
- -
- $17.11
- Modified Gross
- Jul 2025
Results Contracting began in 2009 and has since focused on exterior restoration work for homes and commercial properties. The company specializes in roofing, siding, gutters, and storm damage repair, and its website also describes commercial and multifamily roofing and exterior remodeling services. Results Contracting supports homeowners through the insurance claims process, including inspection, estimate preparation, and code-compliant replacement work. The company serves customers across Minnesota and nearby Midwestern states while emphasizing restoration after hail and wind damage.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| 5 Star Auto Glass LLC | - | - | $8.81 | Modified Gross | Jun 2025 | |
| Keeley Construction Group | - | - | $17.11 | Modified Gross | Jul 2025 | |
|
Construction | - | - | Modified Gross | Jan 2028 |
Presented by
Anderson | 7771 College Rd
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