Absolute NNN Lease -
The property is secured by an absolute NNN lease with over 5 years of remaining term.
Prime Twin Cities Suburban Location -
Located in affluent Maple Grove, one of the fastest-growing and most desirable suburbs in the Minneapolis MSA, with an average household income exceeding $176,000 within a 5-mile radius.
Rapidly Growing Market -
Maple Grove is growing at an annual rate of 0.83%, with the population increasing 5.2% since 2020.
Excellent Visibility & Access -
Prominent corner location featuring multiple points of ingress/egress, strong frontage along County Road 30 with 15,500+ VPD, and convenient access just off Interstate 94.
Drive-Thru Pharmacy -
Features a convenient drive-thru, enhancing customer accessibility and operational efficiency.
Retail Dense Corridor -
Adjacent to numerous national and regional retailers, restaurants, and service providers that help drive consumer traffic.
Strong Market Fundamentals -
The Maple Grove retail submarket has a vacancy rate of 1.8%, with little currently under construction. Demand for the submarket remains high, and rent growth outpaces the Minneapolis market and the national average.