516 E Bridge St
Redwood Falls, MN 56283
Burger King · Retail Property For Sale

Marcus & Millichap is pleased to exclusively offer for sale this +/- 3,400 square foot Burger King restaurant situated on +/- 0.75 acres of land in Redwood Falls, Minnesota. The subject property sits directly off US-71/Highway 19 Boulevard and features abundant on-site parking. The property is located within close proximity to Redwood Falls Aquatic Center, Redwood Area Hospital, and Memorial Baseball Park, and several auto dealerships including Marthaler Chevrolet Buick of Redwood Falls, Weelborg Ford, and Redwood Auto Sales. National retailers in the surrounding area include: McDonald’s, Subway, Dairy Queen, O’Reilly Auto Parts, Walmart Supercenter, and Verizon. Approximately 16.5 years remain on the absolute net lease with a 1.0% annual rent increase and four, five-year renewal options. The tenant entity is NDM Restaurants, LLC a Utah limited liability company. The lease is franchise guaranteed by Meridian Restaurants Unlimited, LLC a Utah limited liability company, and includes a personal guaranty from Stephen Ralson and David Harper, the owners of Meridian Restaurants Unlimited, LLC. Meridian Restaurants Unlimited, LLC currently operate 137 restaurants total across 11 states, with 114 being Burger King restaurants. Redwood Falls is the county seat of Redwood County, situated along the Redwood River southwest of Minneapolis. The city features excellent schools and businesses as well as many recreational and leisure activities. The population within a three-mile radius of the subject property is reported at 5,832 with an Average Household Income of $65,094.