6890 Shingle Crk Pkwy Brooklyn Center, MN 55430-1413
Property profile & analytics
6890 Shingle Crk Pkwy Brooklyn Center, MN 55430-1413
- Industrial properties
- 38,025 SF
- 3.96 lot acres
Property ID
US46-0893289
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 6890 Shingle Crk Pkwy
- Year built
- 2003
- Construction
- MIXED
- Lot size
- 3.96 lot acres
- Property size
- 38,025 SF
- Property type
- Industrial properties
- APN
- 35-119-21-22-0054
- APU
- 3511921220054
Description
This exceptional investment opportunity presents a 38,297-square-foot warehouse currently leased to Circle K and Holiday Stationstores under a triple-net (NNN) lease. Located at 6890 Shingle Creek Pkwy, Minneapolis, MN 55430, this property boasts a strong 6.40% cap rate and a substantial net operating income (NOI) of $384,444. Built in 2003 on a 3.86-acre lot, the commissary serves as a vital distribution center for the well-established convenience store brands. The lease commenced March 18, 2004, and has a remaining term of approximately 4.4 years, with three 5-year renewal options, extending the lease to March 31, 2029. The property benefits from its strategic location in Brooklyn Center, a first-ring suburb of Minneapolis, offering excellent access to I-94, a major thoroughfare with an average daily traffic count of 117,713 vehicles. The surrounding area features a dense population of 285,278 within a 5-mile radius, boasting an average household income of $100,380. This investment is further strengthened by Circle K's parent company, Alimentation Couche-Tard, a global leader in convenience retail with an S&P rating of BBB+ and $71.9 billion in revenue, operating over 7,100 locations across the United States. The property's long operational history at this location (20 years) and recent lease renewal underscore its stability and value as a secure, high-yield investment. The asking price is $6,006,940.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,745,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn Center
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3194
- Latitude
- 45.0795
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$137,929
$1,255,000
$2,745,000
$4,000,000
-
$1,255,000
$2,745,000
$4,000,000
