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Single-Tenant Coffee Shop
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3038 N Service Dr, Red Wing, MN 55066

Newly developed Caribou Coffee property subject to a triple-net lease.

Property SizeContact for details
Days on Market145

Property Features for 3038 N Service Dr

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: JLL - Minneapolis, Minnesota
Listed By: Matt Hazelton · License #MN 40449423
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:44AM

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 JLL - Minneapolis, Minnesota

Investment Insights

Based on property information with market context.

This newly developed coffee shop is occupied by Caribou Coffee as its sole tenant. The offering includes the fee-simple interest in the property and is structured under a triple-net lease.

The property is located at 3038 N Service Dr in Red Wing, Minnesota, just outside the Minneapolis–St. Paul MSA. The single-tenant configuration and national coffee-shop occupancy define the asset’s operating profile.

Key Highlights

  • Caribou Coffee is the sole tenant
  • Newly developed coffee shop property
  • Triple‑net lease structure

Property Analytics

Current Use

Caribou Coffee Cafe & Coffee Shop

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Bakery Grocery & Convenience Store Parking Lot & Garage

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby
270k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Superstores 35% Apparel 12% Shops & Services 8%
Walmart Superstores
51,687 visits/mo 0.4 miles
Target Superstores
41,945 visits/mo 0.2 miles
McDonald's Dining
25,215 visits/mo 0.2 miles
T.J. Maxx Apparel
18,350 visits/mo 0.4 miles
Culver's Dining
16,173 visits/mo 0.3 miles

Demographics for 55066, MN

18,732
Population
8,707
Households
2.2
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
120.9 sq mi
ZIP Area
155
Density / Sq Mi
$70,529
Median Household Income
$40,764
Median Earnings
$958
Median Rent
$237,800
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
Rey
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Similar Off Market Nearby

  • Caribou Coffee 3038 N Service Dr, Red Wing, MN 55066
  • Starbucks 151 Tyler Rd N, Red Wing, MN 55066

Frequently Asked Questions

What type of property is this?
Coffee shop - Newly developed Caribou Coffee property subject to a triple-net lease.
Where is this coffee shop located?
The property is located at 3038 N Service Dr Red Wing, MN.
What are key features of this property?
This property features: Caribou Coffee is the sole tenant; Newly developed coffee shop property; Triple‑net lease structure
(612) 396-7723 Call to check price and availability
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