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Starbucks | Minneapolis (Robbinsdale), MN 4030 Lakeland Ave N

1,153 SF 4-Star Retail Building Minneapolis, MN 55422 £1,514,449 (£1,313/SF) 6% Net Initial Yield

Investment Highlights

  • Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Drive-Thru: Brand new construction, 1,153 square foot café with drive-thru
  • Central Access to Highways 100 and 81 and Downtown Minneapolis
  • Dense, Affluent Minneapolis Demographics: 335,977 people and AHHI’s of $96,300 within a 5-mile radius
  • Dense Retail Corridor with Top-Performing Tenants; Located in the Heart of Downtown Robbinsdale
  • Walking Distance to North Memorial Hospital (353 Beds); One of the City’s Largest Employers
  • Robbinsdale is Part of the Twin Cities MSA, One of the Strongest Midwest Economies: Robbinsdale is a 15-minute drive to Downtown Minneapolis

Executive Summary

New 10-Year Lease | 10% Increases Every 5 Years | Minneapolis Suburb; 15-Minute Drive to Downtown

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,153 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
£1,514,449
Price Per SF
£1,313
Net Initial Yield
6%
NOI
£90,851
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
0.33 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Signage
  • Drive Thru

Links

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4030 Lakeland Ave N, Minneapolis, MN - aerial map view
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(844) 585-7682

  • Listing ID: 33272457

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 4030 Lakeland Ave N, Minneapolis, MN 55422

The Retail Property at 4030 Lakeland Ave N, Minneapolis, MN 55422 is currently available For Sale. Contact Hanley Investment Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2024 CoStar Group

Starbucks | Minneapolis (Robbinsdale), MN | 4030 Lakeland Ave N
(844) 585-7682 x

Starbucks | Minneapolis (Robbinsdale), MN | 4030 Lakeland Ave N

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Jeff Lefko

(844) 585-7682

(844) 585-7682

Bill Asher

(844) 585-7684

(844) 585-7684

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