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Caribou Coffee 100 Paul Bunyan Dr NW

554 SF Retail Building Bemidji, MN 56601 £1,058,955 (£1,911/SF) 6.65% Net Initial Yield

Investment Highlights

  • New Drive-Thru Small Format “Cabin” Concept
  • Brand New Construction
  • High Traffic Corridor
  • New 10-Year Lease
  • Dominant Regional Coffee Brand With 450+ Locations Nationally
  • Close Proximity to Bemidji State University

Executive Summary

CBRE is exclusively offering for sale the fee simple interest to a new construction, free standing, Caribou Coffee located in Bemidji, MN. Caribou Coffee is the dominant regional coffee brand with more locations throughout the state of Minnesota than both Starbucks and Dunkin Donuts combined. The city of Bemidji has a population in excess of 22,000 and is home to Bemidji State University.

Attachments

NEW Caribou Bemidji - OM v2

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
554 SF
Building Class
B
Year Built
2022
Price
£1,058,955
Price Per SF
£1,911
Net Initial Yield
6.65%
NOI
£70,421
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Land Acres
0.45 AC
Frontage
90 ft on Paul Bunyan Drive Northwe
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100 Paul Bunyan Dr NW, Bemidji, MN - aerial map view
(952) 210-0484

  • Listing ID: 31333250

  • Date on Market: 26/03/2024

  • Last Updated:

  • Address: 100 Paul Bunyan Dr NW, Bemidji, MN 56601

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100 Paul Bunyan Dr NW, Bemidji, MN for sale Primary Photo- Image 1 of 8
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100 Paul Bunyan Dr NW, Bemidji, MN for sale Building Photo- Image 3 of 8
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100 Paul Bunyan Dr NW, Bemidji, MN for sale Building Photo- Image 4 of 8
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100 Paul Bunyan Dr NW, Bemidji, MN for sale Building Photo- Image 5 of 8
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100 Paul Bunyan Dr NW, Bemidji, MN for sale Building Photo- Image 6 of 8
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100 Paul Bunyan Dr NW, Bemidji, MN for sale Aerial- Image 7 of 8
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© 2024 CoStar Group

Caribou Coffee | 100 Paul Bunyan Dr NW
(952) 210-0484 x

Caribou Coffee | 100 Paul Bunyan Dr NW

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AJ Prins

(952) 210-0484

(952) 210-0484

Sean Doyle

(952) 924-4600

(952) 924-4600

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