For Sale
$1,905,000

13523 60Th StStillwater, MN 55082

Added:
Dec 11, 2024
Days on market:
102

Highlights

  • New construction, single-tenant Popeyes with drive-thru, outparcel to a Kohl's-anchored shopping center.
  • 20-year absolute NNN ground lease with 19 years remaining; 10% rent increases every 5 years.
  • New construction using the latest Popeyes prototype; built at tenant's expense, offering strong residual value.
  • Investment-grade tenant: Popeyes, a leading quick-service restaurant with over 4,300 US locations.
  • High-traffic location at a major intersection (Highway 36 & Norell Ave), exceeding 41,000 cars daily.
  • Shadow-anchored by national retailers including Walmart, Target, Kohl's, Menards, and Lowe's.

Property Details for 13523 60Th St

Property type
Other retail properties, Restaurants
Year Built
2022
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Stillwater
County
Washington
State
Minnesota
Latitude
45.035176095896
Longitude
-92.833961793531
13523 60Th St, Stillwater, Minnesota
Leaflet | © OpenStreetMap contributors

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13523 60Th St
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