135 Allan Ave - Fast Food FOR SALE
Owatonna, MN 55060 |
$2,490,000 USD
844-585-7682
135 Allan Ave
Owatonna, MN 55060
HIGHLIGHTS
- Single-Tenant Corporate Chipotle with Drive-Thru; 2025 Complete Remodel
- 15-year NNN lease
- 10% Increases Every 5 Years During the Base Term and Each of the Three 5-Year Options
- Surrounded by National Tenants: Target, Walmart Supercenter, Lowe’s, Kohl’s, Applebee’s, Taco Bell, Arby’s, Jimmy John’s, Starbucks, and many more
- Prime Location in a Dense Retail Corridor with Direct Connection to Minneapolis via Interstate 35 (36,000+ CPD)
- Growing Trade Area with Several Corporate Offices, Distribution Centers, Warehouses, and Headquarters Surrounding the Subject Property
FOR SALE DETAILS
PRICE
$2,490,000 USD
PRICE/SF
$850 USD /SF
CAP RATE
5.4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chipotle | Owatonna. MN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
0.79 AC
LAND SF
34,412 SF
ZONING
C1
APN/PARCEL ID
17-418-0204
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844-585-7682
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844-585-7682
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