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Popeyes Drive-Through Restaurant
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For Sale
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3220 124th Avenue Northwest, Coon Rapids, MN 55433

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

Property Size4,000 SF
Lot Size0.98 Acres
Days on Market5

Property Features for 3220 124th Avenue Northwest

General Information

Standard status Active
Size 4,000 SF
Lot size 0.98 Acres
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Building Size 4,000 SF
Year Built 2002
Listing Agency: Minneapolis
Listed By: Brendan McArthur · License #CalDRE #1185335
Source: Retail-pa
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 19 at 5:46AM

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 Minneapolis

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

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

243
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 59% Dining 41%
The Home Depot Home Improvements & Furnishings
34,040 visits/mo 0.5 miles
Panera Bread Dining
15,629 visits/mo 0.5 miles
Cafe Zupas Dining
7,690 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
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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
More about this property
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