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Christian Brothers Auto 9565 Zachary Ln N 5,567 SF Retail Building Maple Grove, MN 55369 $3,433,000 ($616.67/SF) 6.60% Cap Rate
Investment Highlights
- Over 9 Years Remaining | Options To Extend | Annual Rental Increases
- Signalized, Hard Corner Intersection | Highway 169 (75,300 VPD) | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• The subject property is located near the intersection of Zachary Ln N and State Highway 610, which combine to average more than 19,900 vehicles passing by daily
• Approximately 1.5 miles from Highway 169, which sees over 75,300 VPD
• The asset is located in a primary retail corridor with other national/credit tenants including The Home Depot, Target, LA Fitness, Chick-fil-A, Raising Cane’s, Dunkin’, and more
• Strong tenant synergy promotes crossover shopping to the subject property
• Approximately 1.5 miles from Highway 169, which sees over 75,300 VPD
• The asset is located in a primary retail corridor with other national/credit tenants including The Home Depot, Target, LA Fitness, Chick-fil-A, Raising Cane’s, Dunkin’, and more
• Strong tenant synergy promotes crossover shopping to the subject property
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,567 SF
Building Class
B
Year Built
2019
Price
$3,433,000
Price Per SF
$616.67
Cap Rate
6.60%
NOI
$226,548
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.42 AC
Zoning
PUD - Planned Unit Development
Parking
48 Spaces (8.62 Spaces per 1,000 SF Leased)
Frontage
314’ on Zachary LN N
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
-
Jan 0000
Christian Brothers Automotive began in 1982 with a focus on transparent, honest auto service and a people-first approach. The company has grown into a nationally franchised automotive repair and maintenance business serving drivers with complete car care for all makes and models. Its services include routine maintenance, diagnostics, repairs, warranty-backed service, and a free shuttle option that supports the customer experience. Christian Brothers Automotive centers its brand around integrity, compassion, and long-term vehicle care while operating through a broad franchise network across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | - | - | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-119-22-41-0016 | Improvements Assessment | $620,700 |
| Land Assessment | $551,700 | Total Assessment | $1,172,400 |
Property Taxes
Parcel Number
11-119-22-41-0016
Land Assessment
$551,700
Improvements Assessment
$620,700
Total Assessment
$1,172,400
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