12495 5Th Ave Zimmerman, MN 55398
Sponsored
Prime MN QSR, 8+ Years Remaining
Property size:
554 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 12495 5Th Ave
General Information
- Property type
- Restaurants
- Square Feet
- 554 SF
Building Details
- Year Built
- 2022
- Buildings
- 1
HighLights
- New 2022 construction Caribou Coffee with over 8 years remaining on a 10‑year lease, including 10% rent escalations every five years.
- Corporate guaranteed NNN lease with Caribou Coffee, Minnesota's dominant coffee chain (more locations than Starbucks and Dunkin'). Caribou is a subsidiary of Panera Brands.
- High‑visibility location at 5th Ave N and US‑169, a major arterial roadway currently undergoing expansion.
- Excellent location near a grocery store and a new 128‑unit luxury apartment complex.
Property Profile
Location Intelligence
Current Use by Public Records
Caribou Coffee
Coffee Shop
Location Insight
- Map
- Local Demand
- City
- Zimmerman
- County
- Sherburne
- State
- Minnesota
- Longitude
- -93.5854197
- Latitude
- 45.44733857
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Prime MN QSR, 8+ Years Remaining
Where is this restaurant located?
The property is located at 12495 5Th Ave Zimmerman, MN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: New 2022 construction Caribou Coffee with over 8 years remaining on a 10-year lease, including 10% rent escalations every five years.; Corporate guaranteed NNN lease with Caribou Coffee, Minnesota's dominant coffee chain (more locations than Starbucks and Dunkin'). Caribou is a subsidiary of Panera Brands.; High-visibility location at 5th Ave N and US-169, a major arterial roadway currently undergoing expansion.
