5512 Brooklyn Blvd - Fast Food FOR SALE


Minneapolis, MN 55429- Twin Lake
$1,350,000 USD
612-332-6600
5512 Brooklyn Blvd, Minneapolis, MN for Sale
$1,350,000 USD
Fast Food - FOR SALE
1/1
null | 5.5% Cap Rate

5512 Brooklyn Blvd
Minneapolis, MN 55429
Twin Lake


HIGHLIGHTS

  • Corporate Lease: Starbucks is on a Corporate, NN lease with approximately 4 years remaining on the lease term.
  • Starbucks is strategically positioned along Brooklyn Boulevard with 23,700+ vehicles per day, and offers convenient access to major routes.
  • Strong Demographics: The site benefits from a 5-mile population of approximately 323,199 residents with an average household income of $104,653.
  • Seasoned Location: Starbucks has successfully operated at this site for over 20 years.
  • Corporate National Tenant: Starbucks is one of the most recognized and creditworthy brands in the quick-service coffee industry.

OVERVIEW

Net, Net. Landlord is responsible for maintaining, repairing and replacing roof and structure.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$852 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

-

APN/PARCEL ID

03-118-21-41-0016

ASK ABOUT THIS PROPERTY

Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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