Building Details

Building Size 4,000 SF

Year Built 2002

Listing Agency: Retail Property Advisors

Listed By: Brendan McArthur · License #CalDRE #1185335 Show Phone

Source: Retail-pa

Added: Aug 15 Changed: Aug 16 Last Checked: Sep 5 at 4:32AM

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Investment Insights

Based on property information with market context.

This operating Popeyes restaurant includes a 4,000 SF building constructed in 2002 on a 0.98 AC site. The property is offered for sale with an existing ground lease, providing an established drive-through restaurant configuration.

The lease has a remaining term through 11/30/2031 and includes two five-year options, with the final option ending 11/30/2041. The property is located at 3220 124th Avenue Northwest in Coon Rapids, Minnesota.

Key Highlights

• Operating Popeyes drive‑through restaurant
• 4,000 SF building constructed in 2002
• 0.98 AC land area

Property Analytics

Property Profile

Current Use

Drive through restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Carpet & Flooring Store Butcher HVAC Service

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

665

Businesses Nearby

910k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 31% Dining 17% Shops & Services 16% Home Improvements & Furnishings 14%

Costco Wholesale Superstores

153,926 visits/mo 0.3 miles

Target Superstores

130,680 visits/mo 0.2 miles

Menards Home Improvements & Furnishings

62,242 visits/mo 0.3 miles

Texas Roadhouse Dining

52,308 visits/mo 0.5 miles

DICK'S Sporting Goods Apparel

51,398 visits/mo 0.5 miles

Demographics for 55433, MN

34,618

Population

14,351

Households

2.4

Avg Household Size

38

Median Age

23%

College-Educated

93%

High-School Grad

11.6 sq mi

ZIP Area

2,984

Density / Sq Mi

$80,213

Median Household Income

$48,377

Median Earnings

$1,345

Median Rent

$274,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this drive through restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Operating branded restaurant with a ground lease and two five-year extension options.

Where is this drive through restaurant located?

The property is located at 3220 124th Avenue Northwest Coon Rapids, MN.

What are key features of this property?

This property features: Operating Popeyes drive‑through restaurant; 4,000 SF building constructed in 2002; 0.98 AC land area