6405 James Cir N - Restaurant FOR SALE
Minneapolis, MN 55430 |
$950,000 USD
602-922-3427
6405 James Cir N
Minneapolis, MN 55430
HIGHLIGHTS
- The property is being offered below replacement cost, with future upside potential
- This flexibility provides an excellent opportunity to collect income during a strategic transition period
- The current annual rent of $106,200 is well below market for a national retailer
- The Brooklyn Center City Council approved a sweeping master plan for the transformation of an ±80-acre site
- Just 10 minutes from Downtown Minneapolis, the site offers prime visibility along Interstate 694, one of the region’s busiest freeways
- ±134,000 vehicles passing daily for exceptional signage exposure and commuter traffic
FOR SALE DETAILS
PRICE
$950,000 USD
PRICE/SF
$181 USD /SF
CAP RATE
11.18%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Denny's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
63
LAND DETAILS
LAND ACRES
1.01 AC
LAND SF
43,996 SF
ZONING
-
APN/PARCEL ID
35-119-21-42-0012
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
602-922-3427
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
602-922-3427
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
