Minneapolis AutoZone Investment
2610 E Lake St, Minneapolis, MN 55406
Single-tenant AutoZone with long-term lease and rent increases.
Type:Retail
Property size:
10,886 SFLot size:
0.75 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 33
- Last Refresh:
- Apr 24 at 5:35 pm
Property Features for 2610 E Lake St
General Information
- Standard status
- Active
- Size
- 10,886 SF
- Lot size
- 0.75 Acres
- Property subtype
- Retail
Listing agent AJ Prins License #MN 20395954
Listing office CBRE Minneapolis
Listing date Apr 24, 2026
Source Crexi
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 CBRE Minneapolis
HighLights
- Long‑term 15‑year lease with approximately 11 years remaining, providing stable, in‑place income
- Investment‑grade credit tenant (AutoZone, BBB rated) guarantees a reliable income stream
- Strategic location in a densely populated area (over 500,000 residents within a 5‑mile radius) ensures high demand
- Significant 10% rent increases every five years, enhancing investment returns
- Newly rebuilt facility (2021) demonstrates AutoZone's commitment to the location and minimizes near‑term capital expenditures
- Located in the Minneapolis‑St. Paul MSA, a strong and growing market with a large population and numerous Fortune 500 companies
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 has been occupied by AutoZone since 2011 and was rebuilt in 2021, with the tenant committing to a 15-year lease. The location is a signalized corner. AutoZone is a retailer and distributor of automotive replacement parts and accessories with over 7,000 stores across the U.S., Mexico, Puerto Rico, Brazil, and other international markets. The company serves DIY customers, commercial businesses, and professional installers. 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 Minneapolis-St. Paul area is 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 like 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.
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
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FAQs
What type of property is this?
Auto shop - Single-tenant AutoZone with long-term lease and rent increases.
Where is this auto shop located?
The property is located at 2610 E Lake St Minneapolis, MN.
What are key features of this property?
This property features: Long‑term 15‑year lease with approximately 11 years remaining, providing stable, in‑place income; Investment‑grade credit tenant (AutoZone, BBB rated) guarantees a reliable income stream; Strategic location in a densely populated area (over 500,000 residents within a 5‑mile radius) ensures high demand
