Dunkin Drive-Through Retail
For Sale
$1,275,000
9599 Zachary Lane N, Maple Grove, MN 55369
A 2018 property pairs an operating drive-through tenant with a separately metered retail suite available for occupancy.
Property Size3,674 SF
Lot Size0.50 Acres
Price / SF$347.03
Days on Market14
Property Features for 9599 Zachary Lane N
General Information
Standard status
Active
Size
3,674 SF
Lot size
0.50 Acres
Property subtype
Commercial
Zoning
PUD
Lease Term
[]
Property Condition
Severity
Repairs Needed
Evidence
will need new RTU
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Asking Price
$1,275,000
Building Details
Year Built
2018
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Results
Listed By:
Mark K Hulsey · License #40169559
(651) 256-7404
Source:
C21atwood
Added: Sep 27
Changed: Oct 10
Last Checked: Oct 10 at 2:50AM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
Built in 2018 on a 0.50-acre lot, this two-unit retail property totals 3,674 SF. Dunkin occupies 1,708 RSF under a NNN lease with approximately 19 months remaining. The other suite offers 1,966 SF of vacant space and can be divided to 863 SF. Its interior heater is in place, but the space will need a rooftop unit; both existing rooftop units serve Dunkin. The tenant and vacant suite are separately metered, and on-site parking serves both areas.
The property is at 9599 Zachary Lane N in Maple Grove, with access to Highway 610, Highway 169, and I-94. PUD zoning allows a range of commercial uses subject to city approval.
The property is at 9599 Zachary Lane N in Maple Grove, with access to Highway 610, Highway 169, and I-94. PUD zoning allows a range of commercial uses subject to city approval.
Key Highlights
- 3,674 SF retail building on a 0.50‑acre lot; built in 2018
- Dunkin occupies 1,708 RSF under a NNN lease with ~19 Months remaining
- Vacant retail suite totals 1,966 SF and can be divided to 863 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,375
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$927,500
$927.5K
Cap Rate 7%
$662,500
$662.5K
Cap Rate 9%
$515,278
$515.3K
Market Conditions
NOI Build-Up for 3,674 SF
Gross rent
$66.1K $18.00/SF
− Vacancy
−$4.3K −$1.17/SF
EGI
$61.8K $16.83/SF
− OpEx
−$15.5K −$4.21/SF
NOI
$46.4K $12.62/SF
Area
Hennepin County, MN
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$927,500
Cap Rate 7%
$662,500
Cap Rate 9%
$515,278
Alternative Uses
Best Use
Specialty Retail
$662.5K
$579.7K – $772.9K
NOI $46,375 @ 7.0% cap · market cap 3.64%
Second Best
Retail
$581.0K
$508.4K – $677.8K
NOI $40,668 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$876.5K
$767.0K – $1.02M
NOI $61,358 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 55369, MN
38,379
Population
16,732
Households
2.3
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
24.8 sq mi
ZIP Area
1,548
Density / Sq Mi
$112,541
Median Household Income
$64,532
Median Earnings
$1,792
Median Rent
$356,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - A 2018 property pairs an operating drive-through tenant with a separately metered retail suite available for occupancy.
Where is this retail space located?
The property is located at 9599 Zachary Lane N Maple Grove, MN.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 3,674 SF retail building on a 0.50‑acre lot; built in 2018; Dunkin occupies 1,708 RSF under a NNN lease with ~19 Months remaining; Vacant retail suite totals 1,966 SF and can be divided to 863 SF
