2535 Division St N - Fast Food FOR SALE


North St Paul, MN 55109
$1,691,953 USD
612-413-4200
2535 Division St N, North St Paul, MN for Sale
$1,691,953 USD
Fast Food - FOR SALE
1/6
null | 6.4% Cap Rate

2535 Division St N
North St Paul, MN 55109


HIGHLIGHTS

  • Absolute NNN Investment Opportunity
  • Long-Term Tenant with Large Franchisee Operator
  • Prime Visibility & Access
  • Spacious Lot with Drive-Thru
  • Strong Demographics
  • Tenant Report Sales

OVERVIEW

Absolute NNN Investment Opportunity - Zero landlord responsibilities with a long-term, stable tenant and over 7 years remaining on the lease. Long-Term Tenant with Large Franchisee Operator - Burger King has been successfully operating at this location for over 36 years. Location is managed by Dhanani Group, the 3rd largest operator in the brand system with 550+ locations. Prime Visibility & Access - Strategically positioned directly off Highway 36, this property benefits from high exposure to 37,000+ vehicles daily, ensuring maximum visibility for customers. With easy access to major highways, the property is well-connected to the broader Twin Cities metro area, offering convenience for both customers and employees. Spacious Lot with Drive-Thru - The property sits on a 1.23-acre lot, providing ample space for customer parking as well as a drive-thru lane to enhance its convenience. Strong Demographics - Property is located in an area with consistent population growth and strong demographics with a 3 mile population of over 175,000 and an avg. HH income of over $109,000. Tenant Report Sales - Annual sales reporting provided by tenant.

FOR SALE DETAILS

PRICE

$1,691,953 USD

PRICE/SF

$423 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King | North St. Paul, MN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,753 SF

ZONING

-

APN/PARCEL ID

12-29-22-11-0083

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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