Log In/Sign Up
Your email has been sent.
Starbucks 5512 Brooklyn Blvd 1,650 SF Retail Building Minneapolis, MN 55429 $1,350,000 ($818.18/SF) 5.50% Cap Rate
Investment Highlights
- Corporate Lease: Starbucks is on a Corporate, NN lease with approximately 4 years remaining on the lease term.
- Strong Demographics: The site benefits from a 5-mile population of approximately 323,199 residents with an average household income of $104,653.
- Corporate National Tenant: Starbucks is one of the most recognized and creditworthy brands in the quick-service coffee industry.
- Starbucks is strategically positioned along Brooklyn Boulevard with 23,700+ vehicles per day, and offers convenient access to major routes.
- Seasoned Location: Starbucks has successfully operated at this site for over 20 years.
Executive Summary
Net, Net. Landlord is responsible for maintaining, repairing and replacing roof and structure.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,650 SF
Building Class
B
Year Built
2005
Price
$1,350,000
Price Per SF
$818.18
Cap Rate
5.50%
NOI
$74,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.42 AC
Parking
20 Spaces (12.12 Spaces per 1,000 SF Leased)
Frontage
157’ on Brooklyn Blvd
Amenities
- Signage
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-118-21-41-0016 | Improvements Assessment | $627,000 |
| Land Assessment | $276,000 | Total Assessment | $903,000 |
Property Taxes
Parcel Number
03-118-21-41-0016
Land Assessment
$276,000
Improvements Assessment
$627,000
Total Assessment
$903,000
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Starbucks | 5512 Brooklyn Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.