14091 BAXTER DR, BAXTER, MN 56425

WESTPORT CENTER

COMMERCIAL REAL ESTATE | BUSINESS BROKERAGE | LAND & BUILDING DEVELOPMENT

INVESTMENT & INCOME PROPERTIES | TAX DEFERRAL STRATEGIES

{ Table of Contents }

2

14091 BAXTER DRIVE, BAXTER

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, nei-ther the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information maybe reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com

3, 4 Features5, 6 Floor Plans7 Site Plan8, 9 Photos10 Aerial Photo11 Traffic Counts12 Location Map13, 14 Demographics15 Thank You16 Agency Disclosure17 Contact

Page

{ Features }

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, nei-ther the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information maybe reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

WestportCenter.3 Months FREE RENT!Locate your office at theWestport Center inBaxter. Turn-key spacewill save you thousands ofdollars in build-out costs.Now is the time to moveor expand your business tothis highly visible, high-traffic location where you will benefit from the synergistic neighbors withinthe center, including Dollar Tree, and also from the numerous retailers nearby, including WestgateMall.

Location: 14091 Baxter Drive, Suite 115, Baxter, MN 56425

Directions: From the Baxter Hwy 210/371 intersection - East on Hwy 210 - Left (north) on Baxter Drive - Center is on the left (west)

Lease Space: 2,798 sq. ft. Rentable (Suite 115) Includes shared common entrance,hallway and restrooms

Lease Rate: 3 MONTHS FREE RENT!$10.00/sq. ft. Triple Net

Estimated Operating Expenses: $3.69/sq. ft./Year Total Taxes: $1.95/sq. ft.Insurance: $0.13/sq. ft.CAM: $1.61/sq. ft.

Water & Sewer: City

Heating: Natural Gas Forced Air

Cooling: Central Air - Electric

Continued on next page.

3

14091 BAXTER DRIVE, BAXTER

{ Features }Electric: 200 Amp, Single Phase

Lighting: Fluorescent

Construction: Steel

Foundation: Concrete

Exterior: Stucco & Stone

Roof: Flat - Steel

Ceiling Height: 10’ & 12’

Indoor Sprinkling: Yes

Restrooms: Shared

Security: Yes

High Speed Internet: Yes

Parking: Shared paved parking lot out front and additional employee parking on the back side of the center

Zoning: C2 - Regional Commercial District

Westport Center Tenants: Keller Williams, RG Insurance, Colorz for Quilts, The Hearth Room, Cost Cutters, Birgit’s Jewelers, China Garden, City Looks, Le Ann Nails, Anytime Fitness & Dollar Tree

Neighboring Businesses: Nearby businesses include Pizza Hut, Westgate Mall (Big Lots, Dunham Sports, Herbergers, JoAnn’s, Dairy Queen, plus several others), Lakes 12, Blackridge Bank, MMFCU, Burger King, Mills Honda, Valvoline Jiffy Lube, Brothers Motorsports, Super One, Perkins, McDonalds, Wendy’s, Burger King, Wells Fargo, Tanner Motors, Erbert & Gerberts, Burritos California, Tim Horton’s, Walgreens, Ace Hardware plus many others.

4

14091 BAXTER DRIVE, BAXTER

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, nei-ther the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information maybe reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

{ Floor Plan } Suite 115

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

5

14091 BAXTER DRIVE, BAXTER

{ Floor Plan } Westport Center

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, nei-ther the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information maybe reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

6

14091 BAXTER DRIVE, BAXTER

{ Site Plan } Westport Center

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, nei-ther the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information maybe reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

7

14091 BAXTER DRIVE, BAXTER

{ Photos }

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

8

14091 BAXTER DRIVE, BAXTER

Suite 115 Reception Area

Office Office

Conference Area Conference Area

{ Photos }

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

9

14091 BAXTER DRIVE, BAXTER

Office Office

Office Office

Office Office

{ Aerial Photo }

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

10

14091 BAXTER DRIVE, BAXTER

Westport CenterHW

Y 210 /

EXCELSIOR RD

Mills Honda

Perkins

Blackridge Bank

Tanner Motors

Walgreens

Dispatch

Civic CenterMcDonalds

Burger King

Wells FargoWendys

Riverside School

MMFCU

Mississippi River

Advanced Auto

N

Subway

ACE Hardware

Westgate Mall

Lakes 12Pizza Hut

VA Clinic

Fleet FarmKohls Radco

Super Wal-Mart

Target

McDonalds Gander MtnCub Foods

Home Depot

Baxter Industrial

Park

WA

SHIN

GTO

N ST

Dominos

Best Buy

Herberger’s

Rafferty’s Erbert & Gerberts

Dunham SportsBig Lots

Olive Garden Costco

Office MaxSuper One

Chamber

Auto Zone

Dollar Tree

Tim Hortons

Burritos California

{ Traffic Counts } 2013 Counts from MNDOT

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

11

14091 BAXTER DRIVE, BAXTER

Baxter/Brainerd Traffic Counts: 28,800 on Hwy 210/Washington Street

{ Location Map }

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

12

14091 BAXTER DRIVE, BAXTER

North

South

{ Demographics }

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

13

14091 BAXTER DRIVE, BAXTER

Trade Area 2016 Population (Includes the following counties): Crow Wing County 65,395Cass County 29,482 Total Trade Area Population 94,877

2016 Population: Baxter 8,114Brainerd 30,596

Estimated Summer Population: Brainerd/Baxter 200,000+

Projected Population Growth Change 2016-2021:Crow Wing County 0.60% Baxter 0.89%

Households in 2016: Crow Wing County 27,185Baxter 3,077

2016 Median Household Income: Crow Wing County $50,396Baxter $60,617

Crow Wing County Retail Sales in 2012: $1,124,967,000

2016 Crow Wing County Major Employers: Industry # of Employees Essentia Health - Central Region Healthcare 1,460Cuyuna Regional Medical Center Healthcare 947Brainerd School District Education 893Grand View Lodge Tourism 720Madden’s Resort Tourism 550Ascensus Technology 500Breezy Point Resort Tourism 500Clow Stamping Manufacturing 440Crow Wing County Government 415Cragun’s Resort Tourism 380Central Lakes College Education 325Walmart Retail 320Cub Foods/Super Valu (3 Stores) Retail 320Ruttgers Bay Lake Resort Tourism 300Anderson Brothers Construction Construction 260Pequot Lakes School District Education 240Crosby Ironton School District Education 240Mills Automotive Retail 220Bang Printing Manufacturing 218City of Brainerd Government 208Bethany Good Samaritan Healthcare 175Costco Retail 175Woodland Good Samaritan Healthcare 175Landys+Gyr Inc. Energy 140Nortech Systems Manufacturing 97

Continued on next page.

{ Demographics }

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, nei-ther the owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information maybe reproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

14

14091 BAXTER DRIVE, BAXTER

Area Businesses: (To see a list of additional businesses, please go to www.explorebrainerdlakes.com)

Financial Institutions: 15+ (multiple locations not counted)

Churches: 30+

Schools: 15+

Golf Courses: 27+

Resorts:Bay Colony InnBreezy Point ResortCragunsFritz’s ResortGrand View LodgeGull Lake ResortIzaty’sKavanaugh’sLost Lake LodgeMaddensQuarterdeckRuttger’s Bay Lake LodgeSullivansPlus numerous others

Major Retailers:AldiAnytime FitnessAuto ZoneBest BuyBig LotsBook WorldBrother’s MotorsportsCashwise Liquor (2)Christmas PointCostcoCub Foods (2)Discount TireDunham’s SportsEast Brainerd Mall (17 Retailers)Fleet FarmGander MountainHerberger’sHome DepotJC Penney’sJiffy LubeKohl’s

Major Retailers Continued:MenardsOffice MaxSearsSuper OneSuper Wal-MartTargetThe Power LodgeWalgreensWestgate Mall(27 Retailers)Westside Liquor

Restaurants/Fast Food:218 Local371 Diner612 StationAntler’sApplebee’sArby’sBar HarborBaxter’sBilly’sBlack Bear Lodge & SaloonBoomer PizzaBoulder Tap HouseBreezy Point MarinaBrick House PizzaBuffalo Wild WingsBurger KingBurritos CaliforniaCaribou Coffee (2)Cherry BerryChina BuffetChina GardenCold Stone CreameryCountry KitchenCowboy’sCragun’s Legacy GrillCruCulver’sDairy Queen (3)Diamond HouseDomino’s PizzaEl TequilaErbert & GerbertsErnie’sFour SeasGiovanni’s Pizza

Restaurants/Fast Food ContinuedGrizzly’s Grill & SaloonHalf Moon SaloonHardee’sHunt ‘N ShackJack’s HouseJake’sJimmy John’sKFC (2)Lucky’sMadden’s Classic GrillManhattan BeachMaucieri’sMcDonalds (3)Moonlite BayNorthern Cowboy’sNorthwinds GrilleOlive GardenPapa John’s PizzaPapa Murphy’s PizzaPerkinsPestello’sPine PeaksPizza HutPizza RanchPoncho & Lefty’sPrairie BayPrime TimeQuarterdeckRafferty’s Pizza (3)Riverside InnRuttger’sSakuraSawmill InnSherwood ForestStarbucks (2)Subway (3)Taco BellTaco John’sThe BarnThe ChapThe CommanderThe Pines at GrandviewTim Horton’sTimberjackWendy’s (2)Ye Ole WharfZorbaz (2)

{ Thank You }

15

14091 BAXTER DRIVE, BAXTER

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com

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 toprovide 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 discusshow this property meets your needs and desires. Facts, figures and background information will aid inyour decision. Should you need specialized counsel in the areas of taxation, law, finance, or other areasof professional expertise, we will be happy to work with your advisor or, we can recommend competentprofessionals.

How to acquire this opportunity

When you have made a decision to move forward, we can help structure a proposal that covers all thecomplexities of a commercial real estate transaction. As seller’s/landlord’s representatives, we know theseller’s/landlord’s specific needs and can tailor a proposal that expresses your desires, provides appropri-ate 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 oftheir commercial, investment or development real estate. You are encouraged to review the Minnesotadisclosure form “Agency Relationships in Real Estate Transactions” which is enclosed at the end of thispackage. 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.

{ Agency Disclosure }

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

16

14091 BAXTER DRIVE, BAXTER

{ Contact }

www.closeconverse.com© 2017 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

Address: 521 Charles StreetPO Box 327Brainerd, MN 56401

Telephone: 218-828-3334

Fax: 218-828-4330

Website: www.closeconverse.com

You may also contact the following members of the Close~Converse team by cell phone or email.

Tim Miller, CCIM 218-838-8772 celltim@closeconverse.com

Nate Grotzke, CCIM 218-838-1000 cellnate@closeconverse.com

Chris Close, CCIM 218-831-7510 cellchris@closeconverse.com

Jody Osterloh 218-831-0712 cell jody@closeconverse.com

Kevin Close 218-831-3077 cellkevin@closeconverse.com

Rod Osterloh, ALC 218-831-1301 cellosterloh@closeconverse.com

17

14091 BAXTER DRIVE, BAXTER