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5697 Blaine Ave
Inver Grove Heights, MN 55076
Chipotle · Retail Property For Sale
Investment Highlights
- Corporate Chipotle with 15 year lease and 10% rental increases every 5 years.
- This property is located near U.S. HWY 52 where traffic counts average 55,855 vehicles per day & near I-494 where traffic counts average 109,856 VPD.
- Population of 139,754 and average household income of $132,316 within a 5-mile radius.
- Chipotle operates 3,300+ locations nationwide, with revenues of $9.9 billion and net worth of $3.1 billion.
- Nearby tenants include HealthPartners, Gertens Garden Center, Caribou Coffee, Speedway, Applebee’s, Outback Steakhouse, Valvoline, Mallards, & more.
- Inver Grove Heights is located approximately 10 minutes from The MSP International Airport and The Mall of America.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,325 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.85 AC
Frontage
166’ on Blaine Avenue East
Property Taxes
| Parcel Number | 20-14153-01-020 | Improvements Assessment | $481,800 |
| Land Assessment | $284,000 | Total Assessment | $765,800 |
Property Taxes
Parcel Number
20-14153-01-020
Land Assessment
$284,000
Improvements Assessment
$481,800
Total Assessment
$765,800
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