Starbucks Absolute NNN Ground
For Sale
Contact for pricing
Pending
234 Snelling Avenue, Saint Paul, MN 55104
Freestanding drive-through store at a high-traffic intersection near colleges and a planned soccer stadium.
Property SizeContact for details
Days on Market42
Property Features for 234 Snelling Avenue
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Traffic Count
67,000 vehicles/day
Listing Agency:
Northmarq - Chicago
(918) 494-2692
Listed By:
Andy Gatchell · License #IL 475152672
Source:
Crexi
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 29 at 2:28PM
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 Northmarq - Chicago
Investment Insights
Based on property information with market context.
This freestanding Starbucks is being developed as a new drive-through store using a state-of-the-art prototype with sustainability features. The property is subject to a twenty (20) year absolute NNN ground lease, followed by four (4), five (5) year renewal options. Contractual rent increases are set at 10% every five years throughout the initial term and renewal periods.
The site is positioned at the intersection of Marshall Avenue and Snelling Avenue in Saint Paul, with approximately 67,000 VPD. It is less than a quarter mile from a planned 20,000-seat stadium for Minnesota United FC of Major League Soccer. Nine colleges are located within a 5-mile radius, representing more than 94,000 students in total.
The site is positioned at the intersection of Marshall Avenue and Snelling Avenue in Saint Paul, with approximately 67,000 VPD. It is less than a quarter mile from a planned 20,000-seat stadium for Minnesota United FC of Major League Soccer. Nine colleges are located within a 5-mile radius, representing more than 94,000 students in total.
Key Highlights
- New freestanding Starbucks drive‑through store
- Twenty (20) year absolute NNN ground lease
- Four (4), five (5) year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
67,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 30%
Apparel 7%
Home Improvements & Furnishings 4%
Dunn Bros Coffee
Dining
11,571 visits/mo
0.4 miles
Speedway
Shops & Services
9,492 visits/mo
0.4 miles
Starbucks
Dining
7,277 visits/mo
0.1 miles
FedEx Office Print & Ship Center
Shops & Services
6,287 visits/mo
0.4 miles
Breadsmith
Dining
4,736 visits/mo
0.4 miles
Demographics for 55104, MN
45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding drive-through store at a high-traffic intersection near colleges and a planned soccer stadium.
Where is this nnn property located?
The property is located at 234 Snelling Avenue Saint Paul, MN.
What are key features of this property?
This property features: New freestanding Starbucks drive‑through store; Twenty (20) year absolute NNN ground lease; Four (4), five (5) year renewal options
