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Triple Net Coffee Shop
For Sale
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535 US-2, Grand Rapids, MN 55744

Fee-simple Caribou Coffee building recently renovated in 2022, offered as a triple-net investment.

Property SizeContact for details
Days on Market121

Property Features for 535 US-2

General Information

Standard status Active
Property subtype Retail

Building Details

Year Renovated 2022
Listing Agency: JLL - Minneapolis, Minnesota
Listed By: Matt Hazelton · License #MN 40449423
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 4:36PM

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.

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the fee-simple interest in a Caribou Coffee location. The building was recently renovated in 2022 and is presented as a triple-net investment under a net lease structure.

The property is located at 535 US-2 in Grand Rapids, Minnesota.

This offering is marketed as a specialty, NNN commercial real estate asset tied to a national coffee brand.

Key Highlights

  • Fee‑simple interest in a Caribou Coffee building in Grand Rapids, Minnesota
  • Recently renovated in 2022
  • Triple‑net investment structure with minimal management responsibilities

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Law Firm Electrical Service Dental Office Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55744, MN

20,096
Population
9,733
Households
2.1
Avg Household Size
45
Median Age
30%
College-Educated
95%
High-School Grad
239.4 sq mi
ZIP Area
84
Density / Sq Mi
$68,213
Median Household Income
$39,232
Median Earnings
$1,014
Median Rent
$232,700
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?
Coffee shop - Fee-simple Caribou Coffee building recently renovated in 2022, offered as a triple-net investment.
Where is this coffee shop located?
The property is located at 535 US-2 Grand Rapids, MN.
What are key features of this property?
This property features: Fee‑simple interest in a Caribou Coffee building in Grand Rapids, Minnesota; Recently renovated in 2022; Triple‑net investment structure with minimal management responsibilities
More about this property
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