Leased Perkins Restaurant &
For Sale
Contact for pricing
8585 Aspen Ln N, Brooklyn Park, MN 55445
Perkins Restaurant and Bakery offered as an absolute triple-net leased property with a 20-year term.
Property Size5,265 SF
Lot Size1.36 Acres
Days on Market122
Property Features for 8585 Aspen Ln N
General Information
Standard status
Active
Size
5,265 SF
Lot size
1.36 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 6:25AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents an exclusive listing for a Perkins Restaurant and Bakery. The site includes a building with approximately 5,265 rentable square feet on an estimated 1.36-acre parcel. The property is subject to a brand new, long-term 20-year absolute triple-net (NNN) lease that commenced on November 1, 2019.
The lease is structured as an absolute NNN agreement, with the current annual rent at $206,045. Rent is scheduled to increase by 1.50% annually throughout the base term and through each of the four (4) five-year tenant renewal option periods.
This offering provides a single-tenant restaurant and bakery building under a long-duration absolute NNN lease arrangement.
The lease is structured as an absolute NNN agreement, with the current annual rent at $206,045. Rent is scheduled to increase by 1.50% annually throughout the base term and through each of the four (4) five-year tenant renewal option periods.
This offering provides a single-tenant restaurant and bakery building under a long-duration absolute NNN lease arrangement.
Key Highlights
- Perkins Restaurant and Bakery on an estimated 1.36‑acre parcel at 8585 Aspen Lane N in Brooklyn Park, MN
- Approximately 5,265 rentable SF of restaurant and bakery building space
- Brand new 20‑year absolute triple‑net (NNN) lease commenced November 1, 2019
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
181k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Apparel 35%
Shops & Services 26%
Fleet Farm
Apparel
62,910 visits/mo
0.4 miles
McDonald's
Dining
24,047 visits/mo
0.1 miles
Holiday Station Store
Shops & Services
15,956 visits/mo
0.3 miles
KFC
Dining
14,186 visits/mo
0.4 miles
Burger King
Dining
12,275 visits/mo
0.4 miles
Demographics for 55445, MN
13,865
Population
4,793
Households
2.9
Avg Household Size
35
Median Age
38%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
1,778
Density / Sq Mi
$103,227
Median Household Income
$57,417
Median Earnings
$2,053
Median Rent
$311,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Perkins Restaurant and Bakery offered as an absolute triple-net leased property with a 20-year term.
Where is this conventional restaurant located?
The property is located at 8585 Aspen Ln N Brooklyn Park, MN.
What are key features of this property?
This property features: Perkins Restaurant and Bakery on an estimated 1.36‑acre parcel at 8585 Aspen Lane N in Brooklyn Park, MN; Approximately 5,265 rentable SF of restaurant and bakery building space; Brand new 20‑year absolute triple‑net (NNN) lease commenced November 1, 2019
