9565 Zachary Ln N - Auto Repair FOR SALE


Maple Grove, MN 55369
$3,625,000 USD
248-688-0631
9565 Zachary Ln N, Maple Grove, MN for Sale
$3,625,000 USD
Auto Repair - FOR SALE
1/7
null | 6.25% Cap Rate

9565 Zachary Ln N
Maple Grove, MN 55369


HIGHLIGHTS

  • Over 9 Years Remaining | Options To Extend | Annual Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Highway 169 (75,300 VPD) | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The subject property is located near the intersection of Zachary Ln N and State Highway 610, which combine to average more than 19,900 vehicles passing by daily • Approximately 1.5 miles from Highway 169, which sees over 75,300 VPD • The asset is located in a primary retail corridor with other national/credit tenants including The Home Depot, Target, LA Fitness, Chick-fil-A, Raising Cane’s, Dunkin’, and more • Strong tenant synergy promotes crossover shopping to the subject property

FOR SALE DETAILS

PRICE

$3,625,000 USD

PRICE/SF

$651 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Christian Brothers Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

PUD

APN/PARCEL ID

11-119-22-41-0016

ASK ABOUT THIS PROPERTY

Frank RogersSRS Real Estate PartnersMore Info
248-688-0631

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Frank RogersSRS Real Estate PartnersMore Info
248-688-0631

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