Owatonna Restaurant Investment
4355 W Frontage Rd Owatonna, MN 55060
For Sale
$1,195,000
Restaurant property for sale with existing lease through November 2026.
Property Size6,079 SF
Price / SF$196.58
Days on Market147
Property Features for 4355 W Frontage Rd
General Information
- Standard status
- Active
- Size
- 6,079 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2004
Listing Agency:
NAI Legacy
(612) 201-6282
Listed By:
Garrett Farmer · License #MN #40247953
(612) 201-6282
Source:
Naiglobal
Added: Feb 26
Changed: Jul 10
Last Checked: Jul 10 at 3:55PM
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 NAI Legacy
Investment Insights
Based on property information with market context.
This is a fee-simple real estate offering featuring a Famous Dave’s BBQ restaurant in Owatonna, Minnesota. The property is located with frontage on Interstate 35. The sale includes the real estate only and is subject to an existing lease in place through November 2026, providing in-place income with a defined lease horizon. The building, constructed in 2004, has 6,079 square feet and is zoned B-2. The property is 100% occupied and leased to RIB KINGS OF OWATONNA INC. The triple net lease extends through November 2026 with a base rent of $5,000 or 6.0% of Gross Monthly Sales. The property is ideal for retail or restaurant use, features ample parking, and has prominent frontage.
Key Highlights
- Prime Interstate 35 frontage retail location in Owatonna, Minnesota.
- Existing Triple Net Lease in place through November 2026, providing in‑place income.
- Base rent of $5,000 or 6.0% of Gross Monthly Sales, representing a 7.00% CAP.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Restaurant property for sale with existing lease through November 2026.
Where is this conventional restaurant located?
The property is located at 4355 W Frontage Rd Owatonna, MN.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Prime Interstate 35 frontage retail location in Owatonna, Minnesota.; Existing Triple Net Lease in place through November 2026, providing in‑place income.; Base rent of $5,000 or 6.0% of Gross Monthly Sales, representing a 7.00% CAP.
