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805 37th Ave S
Moorhead, MN 56560
Starbucks · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • 10 Percent Rental Increases Every Five Years Throughout the Initial Term and Multiple Renewal Options - Rare for New Starbucks Leases
  • Located Beside Upcoming Developments in Azool Plaza Anchored by Hornbacher's Grocery Store
  • High-Quality 2024 Construction of Starbucks New Drive-Thru Prototype
  • Excellent Frontage and Accessibility At Hard-Corner Signalized Intersection of 8th St S/US-75 & 37th Ave S (20,230+ Combined Cars per Day)
  • Central Location with Close Proximity to Minnesota State University Moorhead & North Dakota University

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,500 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.87 AC
Zoning
C
Parking
16 Spaces (7.66 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
58-031-0010
Land Assessment
$302,900
Improvements Assessment
$508,100
Total Assessment
$811,000
  • Listing ID: 31652092

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 805 37th Ave S, Moorhead, MN 56560

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