Single-Tenant NNN Drive-Through
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For Sale
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4100 Village Lake Drive, Prior Lake, MN 55372
A 2023-built Caribou Coffee location is supported by a long-term lease structure with scheduled rental increases.
Property Size554 SF
Price / SF$3,301
Days on Market6
Property Features for 4100 Village Lake Drive
General Information
Standard status
Active
Size
554 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$128,000
Additional Details
Cap Rate
7%
Drive-Thru
Yes
Building Details
Year Built
2023
Buildings
1
Tenancy
Single
Listing Agency:
MC Partners
Listed By:
Matt Hazelton · License #MN 40449423
Source:
Crexi
Added: Aug 6
Changed: Aug 11
Last Checked: Aug 11 at 5:17AM
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 MC Partners
Investment Insights
Based on property information with market context.
Built in 2023, this single-tenant property operates as a Caribou Coffee drive-through at 4100 Village Lake Drive in Prior Lake, Minnesota. The asset is subject to a 10-year NNN lease, with seven years remaining and three additional five-year renewal options.
The lease includes 10% rent escalations at five-year intervals and reflects a 7.00% cap rate. The property is classified as an NNN property and falls within the drive-through restaurant and coffee shop categories.
The lease includes 10% rent escalations at five-year intervals and reflects a 7.00% cap rate. The property is classified as an NNN property and falls within the drive-through restaurant and coffee shop categories.
Key Highlights
- Single‑tenant Caribou Coffee drive‑through property
- 2023 construction year
- 10‑year NNN lease with 7 years remaining
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 55372, MN
34,327
Population
12,631
Households
2.7
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
58.5 sq mi
ZIP Area
587
Density / Sq Mi
$140,835
Median Household Income
$66,558
Median Earnings
$1,406
Median Rent
$450,100
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 - A 2023-built Caribou Coffee location is supported by a long-term lease structure with scheduled rental increases.
Where is this nnn property located?
The property is located at 4100 Village Lake Drive Prior Lake, MN.
What is the asking price?
The asking price for this property is $1,829,000.
What are key features of this property?
This property features: Single‑tenant Caribou Coffee drive‑through property; 2023 construction year; 10‑year NNN lease with 7 years remaining
