1551 N Humiston Ave - Fast Food FOR SALE


Worthington, MN 56187
$1,730,000 USD
844-585-7682
1551 N Humiston Ave, Worthington, MN for Sale
$1,730,000 USD
Fast Food - FOR SALE
1/4
null | 7.35% Cap Rate

1551 N Humiston Ave
Worthington, MN 56187


HIGHLIGHTS

  • Caribou Coffee and Golden Thai; Two Freestanding Buildings on One Parcel
  • Caribou Coffee Corporate Lease: 10-year NN corporate lease; approximately 6 years remaining
  • 10% increase in January 2028
  • Golden Thai: NNN lease; tenant reimburses for roof and structure
  • 9 years remaining on initial lease term
  • Less Than 2 Miles from Worthington’s Largest Employer, the JBS Pork Processing Plant, which Employs Roughly 2,200 Workers

OVERVIEW

Two Freestanding Single-Tenant Buildings | Long-Term Leases | Primary Retail Corridor

FOR SALE DETAILS

PRICE

$1,730,000 USD

PRICE/SF

$462 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caribou Coffee & Golden Thai | Worthington, M

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,091 SF

ZONING

C

APN/PARCEL ID

31-3857-300

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.