Former Cub Foods | Baxter/Brainerd, MN 14133 Edgewood Drive North

CBRE is pleased to exclusively present for sale the former Cub Foods building in Baxter, Minnesota. This offering comprises a 58,808-square-foot facility situated on 5.67 acres, with an adjacent 3.45 acres of wooded land, totaling 9.12 acres of prime real estate. The site offers a rare opportunity for redevelopment or repositioning within Baxter’s core retail corridor. There is currently a lease with Super One foods for another two years, allowing for a new owner to generate cash flow while working on a repositioning or redevelopment strategy.

The property features prominent frontage and direct visibility to Highway 371, the primary thoroughfare through the region. This corridor has experienced significant commercial growth over the last 15 years, establishing a dense retail cluster that includes Costco, Mills Fleet Farm, Target, and Walmart. The site is positioned immediately north of the intersection of Highway 371 and Highway 210, widely recognized as the busiest intersection in Northern Minnesota. With the upcoming grade-separated interchange project at this location, the property is poised to benefit from improved traffic flow and enhanced accessibility.

The Brainerd Lakes area is a premier destination for year-round recreation, attracting more than 1.5 million visitors annually. Renowned for its extensive network of lakes, golf courses, and outdoor amenities, the region generates robust, consistent demand for retail and service offerings. This significant tourism base, combined with a strong local population, ensures that properties within this central commercial hub maintain a distinct competitive advantage in capturing both regional and visitor spending.