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Chipotle | Oakdale, MN 3480 Highpoint Dr N 2,325 SF Retail Building Oakdale, MN 55128 $3,542,857 ($1,523.81/SF) 5.25% Cap Rate
Investment Highlights
- New 2026 Construction
- Employment-Driven Retail
- Proximity to the Twin Cities
- Strong Area Accessibility
- Strong Demographics
Executive Summary
New 2026 Construction
Brand new construction featuring a new 15-year lease with rent commencement in March 2026.
Strong Area Accessibility
Located directly adjacent to I-694 and other major arterial roads, benefiting from consistent traffic flow and strong regional connectivity.
Employment-Driven Retail Location
Situated directly within the 4Front campus, encompassing over 500,000 square feet of office and lab space. The property is part of a new retail development serving the campus and the surrounding area.
Strong Demographics
Oakdale benefits from steady population growth and favorable demographics, supporting consistent demand. The population within a 3-mile radius exceeds 50,000, with average household incomes of over $117,000, well above the national average.
Proximity to the Twin Cities
Conveniently located approximately 10 miles east of St. Paul and 20 miles east of Minneapolis. Oakdale is consistently recognized nationally as a desirable place to live and work, with strong schools and close proximity to major employment centers.
Brand new construction featuring a new 15-year lease with rent commencement in March 2026.
Strong Area Accessibility
Located directly adjacent to I-694 and other major arterial roads, benefiting from consistent traffic flow and strong regional connectivity.
Employment-Driven Retail Location
Situated directly within the 4Front campus, encompassing over 500,000 square feet of office and lab space. The property is part of a new retail development serving the campus and the surrounding area.
Strong Demographics
Oakdale benefits from steady population growth and favorable demographics, supporting consistent demand. The population within a 3-mile radius exceeds 50,000, with average household incomes of over $117,000, well above the national average.
Proximity to the Twin Cities
Conveniently located approximately 10 miles east of St. Paul and 20 miles east of Minneapolis. Oakdale is consistently recognized nationally as a desirable place to live and work, with strong schools and close proximity to major employment centers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
C
Year Built
2026
Price
$3,542,857
Price Per SF
$1,523.81
Cap Rate
5.25%
NOI
$186,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
3.65 AC
Zoning
PUD - Planned Unit Development
Frontage
304’ on 32nd Street North
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Chipotle
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Chipotle | Retailer | 99,999 SF | - | Lorem Ipsum | - |
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Chipotle | Oakdale, MN | 3480 Highpoint Dr N
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