Leased Perkins Restaurant &
8585 Aspen Ln N Brooklyn Park, MN 55445
For Sale
Contact for pricing
Perkins Restaurant and Bakery offered as an absolute triple-net leased property with a 20-year term.
Property Size5,265 SF
Lot Size1.36 Acres
Days on Market104
Property Features for 8585 Aspen Ln N
General Information
- Standard status
- Active
- Size
- 5,265 SF
- Lot size
- 1.36 Acres
- Property subtype
- Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 6:25AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents an exclusive listing for a Perkins Restaurant and Bakery. The site includes a building with approximately 5,265 rentable square feet on an estimated 1.36-acre parcel. The property is subject to a brand new, long-term 20-year absolute triple-net (NNN) lease that commenced on November 1, 2019.
The lease is structured as an absolute NNN agreement, with the current annual rent at $206,045. Rent is scheduled to increase by 1.50% annually throughout the base term and through each of the four (4) five-year tenant renewal option periods.
This offering provides a single-tenant restaurant and bakery building under a long-duration absolute NNN lease arrangement.
The lease is structured as an absolute NNN agreement, with the current annual rent at $206,045. Rent is scheduled to increase by 1.50% annually throughout the base term and through each of the four (4) five-year tenant renewal option periods.
This offering provides a single-tenant restaurant and bakery building under a long-duration absolute NNN lease arrangement.
Key Highlights
- Perkins Restaurant and Bakery on an estimated 1.36‑acre parcel at 8585 Aspen Lane N in Brooklyn Park, MN
- Approximately 5,265 rentable SF of restaurant and bakery building space
- Brand new 20‑year absolute triple‑net (NNN) lease commenced November 1, 2019
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Perkins Restaurant and Bakery offered as an absolute triple-net leased property with a 20-year term.
Where is this conventional restaurant located?
The property is located at 8585 Aspen Ln N Brooklyn Park, MN.
What are key features of this property?
This property features: Perkins Restaurant and Bakery on an estimated 1.36‑acre parcel at 8585 Aspen Lane N in Brooklyn Park, MN; Approximately 5,265 rentable SF of restaurant and bakery building space; Brand new 20‑year absolute triple‑net (NNN) lease commenced November 1, 2019
