NNN Convenience
1523 Coon Rapids Blvd NW, Coon Rapids, MN 55433
For Sale
Contact for pricing
The single-tenant property has renewal rights and scheduled annual rent increases under its lease.
Property Size4,606 SF
Lot Size1.58 Acres
Price / SF$1,910
Days on Market26
Property Features for 1523 Coon Rapids Blvd NW
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Automotive
Automotive Uses
Convenience Store
Fuel Brand
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Traffic Count
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License #GA 349355
(404) 504-7893
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 5:33PM
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 - Atlanta
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Investment Insights
Based on property information with market context.
This 4,606-square-foot convenience store was built in 2016 on a 1.58-acre parcel. Branded Speedway, the property is leased to Northern Tier Retail, LLC on an NNN basis. The current term ends January 31, 2036, and includes 2.25% annual rent increases plus two five-year renewal options with matching escalations. The remarks cite approximately 9.3 years remaining on the lease.
The site is on Coon Rapids Boulevard NW in Coon Rapids, Minnesota, with reported traffic of approximately 29,000 vehicles per day. More than 224,000 residents live within five miles, and average household income in that area exceeds $120,000. The store operates under the 7-Eleven brand platform.
The site is on Coon Rapids Boulevard NW in Coon Rapids, Minnesota, with reported traffic of approximately 29,000 vehicles per day. More than 224,000 residents live within five miles, and average household income in that area exceeds $120,000. The store operates under the 7-Eleven brand platform.
Key Highlights
- 4,606 SF building on a 1.58‑acre parcel
- Built in 2016; branded Speedway and affiliated with the 7‑Eleven platform
- NNN lease to Northern Tier Retail, LLC, ending January 31, 2036
Property Analytics
Current Use
Lease Details
29,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,759 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
2,056 visits/mo
0.2 miles
AutoZone
Shops & Services
1,890 visits/mo
0.2 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
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The single-tenant property has renewal rights and scheduled annual rent increases under its lease.
Where is this grocery and convenience store located?
The property is located at 1523 Coon Rapids Blvd NW Coon Rapids, MN.
What is the asking price?
The asking price for this property is $8,801,206.
What are key features of this property?
This property features: 4,606 SF building on a 1.58‑acre parcel; Built in 2016; branded Speedway and affiliated with the 7‑Eleven platform; NNN lease to Northern Tier Retail, LLC, ending January 31, 2036
