1200 West 98th Street
Bloomington, MN 55431 ·
5,000 SF · Retail For Sale
Denny's - Absolute NNN Lease
|Building Size||5,000 SF||Occupancy||100%|
|Property Sub-type||Restaurant||Year Built||1978|
|Property Use Type||Net Lease Investment with 2 years left on lease||Lot Size||1.40 AC|
|Listing ID: 15322134||Date Created: 09/05/2007||Last Updated: 09/12/2007|
Lease Expiration - 2/5/2010
One 5-year option with 15% increase
This corporate guaranteed Denny' s is well-located on West 98th Street just off of Interstate 35W in an affluent part of Bloomington, MN. There are nearly 200,000 people living within a five mile radius with a Household Income of just over $79,000. There is also upside in a potential redevelopment of this prime location after the primary term as land comparables in the area average $53.23 per square foot.
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