Property Listing No Longer Available for Sale

7820 42nd Ave N, Minneapolis, MN

Retail for Sale - $1,422,764 - 2,250 Sq. Ft. on 0.51 acres


Property Info

CIMLS#898977
Location
  7820 42nd Ave N
  Minneapolis MN 55427
UpdatedJanuary 27th, 2018
TypeRetail
Price$1,422,764
Building2,250 Sq. Ft.
Land0.51 acres

Property Description

Site of national coffee and donuts chain Dunkin' Donuts for sale. This property sits on 42nd street directly off of Minnesota Highway 100 in New Hope, minutes from Minneapolis. Dunkin' Donuts is a highly successful international chain serving coffee and donuts with over 60 years of operating history. This will be the first new store opened in the Twin Cities.

Location Description:

The property is located in New Hope, Minnesota minutes from downtown Minneapolis. The property sits very well located just off of State-Highway 100 on 42nd Avenue North in a busy intersection for retail development.

Highlights:

>> $1,422,764

>> Single Tenant NNN Lease

>> Nation Coffee Chain Dunkin' Donuts

>> New 2016 Construction

>> 6.15% Cap Rate

>> $87,500 NOI

>> .51 Acres of Land

>> 2,250 SF Gross Leasable Area

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Financials


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