Minneapolis AutoZone Investment
2610 East Lake Street, Minneapolis, MN 55406
NNN leased AutoZone in Minneapolis with long-term lease.
Type:Retail
Property size:
10,886 SFLot size:
0.75 AcresPrice / SF:
$323/SF- Added:
- Mar 25, 2026
- Days on Market:
- 47
- Last Refresh:
- Mar 18 at 8:34 am
Property Features for 2610 East Lake Street
General Information
- Standard status
- Active
- Size
- 10,886 SF
- Lot size
- 0.75 Acres
- Property subtype
- Retail
Listing agent AJ Prins
Listing office (612) 336-4322
Listing date Mar 25, 2026
Source Cbre
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 AJ Prins
HighLights
- Long‑term lease with 11 years remaining and guaranteed by investment‑grade tenant (BBB S&P).
- Significant 10% rent increases every five years, providing increasing income stream.
- Brand new build‑to‑suit construction in 2021, demonstrating AutoZone's commitment to the location.
- Located in a densely populated area of Minneapolis with over 500,000 residents within a 5‑mile radius.
- Shadow‑anchored by major retailers like Target, Cub Foods, and Aldi, driving significant traffic.
- AutoZone is a leading retailer with strong financial performance ($18.49 Billion in revenue in 2024) and consistent growth (5.92% increase from 2023).
Overview
This single-story, 10,886 square foot AutoZone facility, constructed in 2021, is located on a 0.75-acre urban infill site in Minneapolis, MN. The property is situated on a signalized corner and has been occupied by AutoZone since 2011. In 2021, the building was rebuilt, and AutoZone committed to a 15-year lease. AutoZone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the United States, operating over 7,000 stores across the U.S., Mexico, Puerto Rico, Brazil, and other international markets. AutoZone serves DIY customers, commercial businesses, mechanics, repair shops, and professional installers through its commercial sales program. In 2024, AutoZone reported revenues of $18.49 Billion, a 5.92% increase compared to 2023. The company is publicly traded (AZO) with an investment-grade credit rating of BBB (S&P). The property is located within the Minneapolis-St. Paul area, the nation’s 16th largest MSA with approximately 3.6 million residents. Over 500,000 people live within a 5-mile radius of the AutoZone site. The location is shadow-anchored by major retail traffic drivers such as Target, Cub Foods, and Aldi. The property has 11 years of lease term remaining, with 10% rent increases every five years. AutoZone has demonstrated their commitment to this location by rebuilding the facility in 2021 and executing a long-term 15-year lease. This site is strategically positioned to meet the increasing demand for Auto Parts in a densely populated trade area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
AutoZone Auto Parts
Auto Parts Store
Similar Places Nearby
- Sandberg Imports — 3511 Minnehaha Ave, Minneapolis, MN 55406
- Powderhorn Garage — 2004 E 35th St, Minneapolis, MN 55407
- Hayford Auto & Transmission — 3403 Cedar Ave, Minneapolis, MN 55407
- Alexander's Import Auto Repair — 2904 E 35th St, Minneapolis, MN 55406
- CEDAR TOWING & AUCTION — 3527 Cheatham Ave, Minneapolis, MN 55406
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.2340459
- Latitude
- 44.9487569
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - NNN leased AutoZone in Minneapolis with long-term lease.
Where is this auto shop located?
The property is located at 2610 East Lake Street Minneapolis, MN.
What is the asking price?
The asking price for this property is $3,520,000.
What are key features of this property?
This property features: Long‑term lease with 11 years remaining and guaranteed by investment‑grade tenant (BBB S&P).; Significant 10% rent increases every five years, providing increasing income stream.; Brand new build‑to‑suit construction in 2021, demonstrating AutoZone's commitment to the location.
