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KFC - Minnesota 5496 Saint Croix Trl 1,853 SF Retail Building North Branch, MN 55056 $2,305,000 ($1,243.93/SF) 5.15% Cap Rate



Executive Summary
Positioned along the primary commercial corridor in North Branch, this newly constructed single-tenant KFC offers investors the opportunity to acquire a high-visibility NNN asset in one of Minnesota’s fastest-growing suburban markets. Located approximately 45 miles north of Minneapolis with direct Interstate 35 access, the property benefits from strong commuter traffic, expanding residential growth, and increasing retail demand.
Built in 2022/2023, the 2,975 SF drive-thru restaurant sits on a 30,928 SF parcel with 30 on-site parking stalls and strong frontage along Saint Croix Trail. Supported by affluent demographics, population growth exceeding 52% since 2000, and limited competing commercial inventory, the asset is well-positioned for long-term tenant success and investment stability.
Investment Highlights:
• Offered at $2,305,000 | 5.15% Cap Rate
• Newly Constructed 2022/2023 Asset
• Strong Visibility Along Saint Croix Trail & Interstate 35
• 45 Miles North of Minneapolis | 23 Miles to MN/WI Border
• Located Within a Rapidly Expanding Suburban Trade Area
• Passive NNN Investment Opportunity Ideal for 1031 Exchange Buyers
Built in 2022/2023, the 2,975 SF drive-thru restaurant sits on a 30,928 SF parcel with 30 on-site parking stalls and strong frontage along Saint Croix Trail. Supported by affluent demographics, population growth exceeding 52% since 2000, and limited competing commercial inventory, the asset is well-positioned for long-term tenant success and investment stability.
Investment Highlights:
• Offered at $2,305,000 | 5.15% Cap Rate
• Newly Constructed 2022/2023 Asset
• Strong Visibility Along Saint Croix Trail & Interstate 35
• 45 Miles North of Minneapolis | 23 Miles to MN/WI Border
• Located Within a Rapidly Expanding Suburban Trade Area
• Passive NNN Investment Opportunity Ideal for 1031 Exchange Buyers
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,853 SF
Building Class
C
Year Built
2022
Price
$2,305,000
Price Per SF
$1,243.93
Cap Rate
5.15%
NOI
$118,708
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.71 AC
Opportunity Zone
Yes
Zoning
B2
Frontage
133’ on Saint Croix Trail
Amenities
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-00410-26 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,203,200 |
Property Taxes
Parcel Number
11-00410-26
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,203,200
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KFC - Minnesota | 5496 Saint Croix Trl
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