7501 N Brooklyn Blvd - Auto Repair FOR SALE


Minneapolis, MN 55443
$800,000 USD
952-210-0484
7501 N Brooklyn Blvd, Minneapolis, MN for Sale
$800,000 USD
Auto Repair - FOR SALE
1/5
null | 7.91% Cap Rate

7501 N Brooklyn Blvd
Minneapolis, MN 55443


OVERVIEW

New Five-Year Lease Tenant recently acquired this business and executed a new five-year lease. High Residential Density The property is situated within a densely populated trade area, with more than 450,000 residents residing within a five-mile radius. Highly Traveled Retail Corridor Located along the Brooklyn Blvd retail corridor, the property benefits from strong traffic counts and proximity to national big-box retailers, restaurants, and service-oriented businesses that drive consistent consumer activity to the area. Established Automotive Use The site has operated as a tire and automotive repair facility for the past 40+ years, demonstrating a long-standing and proven use at this location. Attractive Price Point An ideal acquisition opportunity for investors seeking to complete smaller 1031 exchanges or deploy capital to offset boot. Priced significantly below replacement cost. NN Lease Structure The property is leased on a NN basis, offering limited landlord responsibilities.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$661 USD /SF

CAP RATE

7.91%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tire Xpress | Minneapolis

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

C

APN/PARCEL ID

28-119-21-13-0020

ASK ABOUT THIS PROPERTY

AJ PrinsCBREMore Info
952-210-0484

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AJ PrinsCBREMore Info
952-210-0484

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