14230 Dellwood Dr

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14230 Dellwood Dr

Baxter, MN 56425
Asking Price
$2.04M
Asset Type
Retail
Class
Class B

What's Special

Located at 14230 Dellwood Drive in Baxter, Minnesota, this retail property is situated within a primary commercial corridor of the Brainerd Lakes Area. The site benefits from its proximity to State Highway 371, a major regional artery connecting local traffic to northern tourist destinations. The surrounding neighborhood is characterized by high-density commercial development, including national big-box retailers, casual dining establishments, and professional service centers. Accessible via paved local roads with established turning lanes, the location serves both the year-round resident population and the significant seasonal influx of visitors to the region. The property is suited for a variety of commercial applications, including traditional retail storefronts, specialty showrooms, or consumer service providers. Given the surrounding tenant mix, the location supports businesses that benefit from high visibility and shared consumer traffic from neighboring anchors. Ideal occupants typically include regional franchises, independent retailers, or medical-office practitioners seeking a central position within the Baxter trade area. The site’s configuration accommodates standard retail logistics, offering dedicated parking and straightforward ingress for customers and delivery vehicles.

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NOI
$80,000
Cap Rate
3.92%
DSCR
0.66
Underwater
Cash-on-Cash
-6.73%
Monthly Payment
$10,102.306
Annual Cash Flow
$-41,227.673

Location & Travel Times