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800 Highway 55 E
Buffalo, MN 55313
Caribou Coffee · Retail Property For Sale
Investment Highlights
- This site is Caribou Coffee’s new “Cabin” concept, featuring a new drive-up and walk-up only format
- Caribou signed a 10 year lease in late 2021, which leaves over 9 years remaining on the current term. The lease features 10% rent bumps every 5 years
- The property is located directly off of MN-55, a state highway linking the Minneapolis-St. Paul metro to central Minnesota
- Caribou Coffee is the dominant coffee chain in Minnesota with more locations in the state than Starbucks and Dunkin’ Donuts combined
- The building is new construction built-to-suit according to Caribou Coffee’s specifications
Property Facts
Property Type
Retail
Property Subtype
Building Size
536 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.43 AC
Zoning
Commercial - 349 - Fast Food Restaurant
Parking
6 Spaces (9.52 Spaces per 1,000 SF Leased)
Frontage
220’ on Highway 55
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 103-203-022213 | Improvements Assessment | $102,100 |
| Land Assessment | $205,200 | Total Assessment | $307,300 |
Property Taxes
Parcel Number
103-203-022213
Land Assessment
$205,200
Improvements Assessment
$102,100
Total Assessment
$307,300
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