2 E Central Entrance - Freestanding FOR SALE
Duluth, MN 55811 |
2 E Central Entrance
Duluth, MN 55811
HIGHLIGHTS
- Caribou Coffee is the dominant coffee chain in Minnesota with more locations than Starbucks & Dunkin' Donuts combined
- Duluth is the 2nd largest MSA in Minnesota with ~ 280,000 residents
- The building was completely renovated in 2019, converting a car wash into a drive-thru
- The lease contains a built-in 10% rent bump in 2024, hedging against future inflation
- Duluth is an educational hub, with five universities and ~25,000 students in the area
- The property is located on a major traffic corridor, connecting Duluth's CBD to the retail trade area to the west
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Caribou Coffee - Duluth
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
1652
STORIES
1
YEAR BUILT
1953
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
010036000016
