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Mister Car Wash with NNN Lease

12218 BUSINESS PARK BLVD N, Champlin, MN 55316

For Sale
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A single-tenant operation is secured by an absolute triple-net lease with annual rent increases.

Property SizeContact for details
Days on Market50

Property Features for 12218 BUSINESS PARK BLVD N

General Information

Standard status Active
Property subtype Retail, Special Purpose
Occupancy 100%

Additional Details

Traffic Count 70,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: SAB Capital
Listed By: Michael Scali · License #NY 10401240589
Source: Crexi
Added: Sep 21 Changed: Oct 30 Last Checked: Nov 8 at 8:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SAB Capital

Rey
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Investment Insights

Based on property information with market context.

This car wash at 12218 Business Park Blvd N in Champlin is occupied by Mister Car Wash under an absolute NNN lease. The agreement has 16.7 years remaining in its initial 20-year term, includes annual increases of 1.50%, and provides four 6-year extension options.

The property sits near a Target and national restaurant operators including McDonald’s, Arby’s, and Jersey Mike’s. Its Champlin setting places it among established retail and service businesses.

Key Highlights

  • Mister Car Wash is the single tenant
  • Absolute NNN lease with 16.7 years remaining on the original 20‑year term
  • Annual increases of 1.50% and four 6‑year options

Property Analytics

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Open Analytics

Current Use

Top Wash Car Wash Mister Car Wash Car Wash

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Restaurant Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

70,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby
120k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 68% Dining 26% Shops & Services 6%
Target Superstores
81,870 visits/mo 0.2 miles
McDonald's Dining
26,510 visits/mo 0.3 miles
Mister Car Wash Shops & Services
6,981 visits/mo 0.1 miles
Jersey Mike's Subs Dining
4,490 visits/mo 0.2 miles

Demographics for 55316, MN

23,919
Population
8,932
Households
2.7
Avg Household Size
40
Median Age
37%
College-Educated
98%
High-School Grad
8.2 sq mi
ZIP Area
2,917
Density / Sq Mi
$115,719
Median Household Income
$56,798
Median Earnings
$1,597
Median Rent
$338,400
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Car wash - A single-tenant operation is secured by an absolute triple-net lease with annual rent increases.
Where is this car wash located?
The property is located at 12218 BUSINESS PARK BLVD N Champlin, MN.
What is the asking price?
The asking price for this property is $4,179,119.
What are key features of this property?
This property features: Mister Car Wash is the single tenant; Absolute NNN lease with 16.7 years remaining on the original 20‑year term; Annual increases of 1.50% and four 6‑year options
(646) 809-8835 · Office Call to check price and availability
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