5420 W Broadway Ave | Minneapolis, MN 55428
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- LoopNet Team
5420 W Broadway Ave
Minneapolis, MN 55428
Perkins Restaurant & Bakery · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This Perkins property is on a Triple Net lease, with 17 years remaining and 1.5% annual increases.
- Strong demographics within a 5-mile radius with a population of 279,976 and average household income exceeding $90,737.
- Crystal is a fully-developed, first-tier suburban community 5 miles from Downtown Minneapolis.
- The property is located along West Broadway Avenue where traffic counts average 13,300 vehicles per day.
- Perkins Restaurant & Bakery consists of approximately 300 company-owned and franchised locations in 32 states and two Canadian Provinces.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,050 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.60 AC
Parking
99 Spaces (0 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 05-118-21-44-0007 | Improvements Assessment | $332,000 |
| Land Assessment | $834,000 | Total Assessment | $1,166,000 |
PROPERTY TAXES
Parcel Number
05-118-21-44-0007
Land Assessment
$834,000
Improvements Assessment
$332,000
Total Assessment
$1,166,000
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