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5112 Miller Trunk Hwy
Hermantown, MN 55811
Retail Property For Sale
Investment Highlights
- New construction, single-tenant Caribou Coffee Cabin, 10-year net lease, three (3), 5-year options with outside patio and drive-thru
- Average household income of $128,312 within a 1-mile radius of Caribou Coffee, a convenient, short drive to and from the Duluth International Airport
- Minnesota is Caribou Country with 305 locations in the state (more than 750 coffeehouses worldwide) and the corporate headquarters are ~2 hours away
- High visibility location on U.S. Highway 53
- Multiple entry points to the 1.14-acre site, positioned at a signalized corner
- Caribou Coffee is part of the Panera Brands’ portfolio (JAB Holding Company)
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
629 SF
Building Class
B
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
1.13 AC
Parking
10 Spaces (15.9 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
1 of 1
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