2610 E Lake St - Freestanding FOR SALE
Minneapolis, MN 55406 |
2610 E Lake St
Minneapolis, MN 55406
HIGHLIGHTS
- INVESTMENT GRADE CREDIT TENANT - Ratings: Moody’s Baa1, Fitch BBB, S&P Global BBB.
- #1 PLACER.AI RANKINGS - Location ranks #1 out of 66 in Minnesota according to Placer.ai.
- CORPORATE GUARANTY FROM AUTOZONE, INC. - Publicly traded company, NYSE: AZO.
- LONG TERM LEASE - 15-year Original Lease with 11 years of term remaining.
- COMMITMENT TO LOCATION - AutoZone has been onsite since 2011. Rebuilt the facility in 2021 and executed a 15-year lease.
- BIG BOX RETAIL TRAFFIC DRIVERS - Location is shadow anchored by major big box retail traffic drivers like Target, Cub Foods and Aldi.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
AutoZone Auto Parts | Minneapolis
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair
TOTAL BUILDING SIZE
10886
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
31
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
36-029-24-43-0060
