List Search

12218 Business Park Blvd N
Champlin, MN 55316 Dayton/Champlin

$4,241,806 USD

Carwash For Sale  •  5,000 SF

Property Details

  • Property Type Carwash
  • Total Building Size 5,000 SF
  • Lot Size 1.49 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.60 %
  • Zoning C-2/PUD
30 Transit Score
40 Walk Score

Highlights

16.7 Years Remaining on a 20-Year Absolute NNN Lease | Corporate Guaranteed Lease | four (4) 6-year extension options
Absolute NNN Lease Structure | Zero Landlord Responsibilities
Prime Location in the Shadow of a Target and Other National Retailers | Highway 169 (19.6k VPD) and 3 miles from Highway 610 (74k VPD)
Located in the Shadow of a Target and Adjacent to Other Major Retailers (McDonald's, Ace Hardware, Arby's, Goodwill, Well Fargo, Jersey Mike's, etc.)
Strong Area Demographics | Expected High Growth Area
Median Incomes within a 1-mile Radius exceed $90k and $99k within 5-miles

Property Flyers

Cap Rate: 5.60 %

Major Tenants

Tenant SF Occupied Lease End Date
Mister Car Wash

Public Transportation

Commuter RailDriveWalkDistance
Anoka Station & Platform (Northstar Commuter Rail - Metro Transit) 7 min - 2.9 mi
Coon Rapids Riverdale Station & Platform (Northstar Commuter Rail - Metro Transit) 10 min - 4.6 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 46 min - 32.7 mi
Michael Scali 914-582-8281 SAB Capital
Michael Scali 914-582-8281 SAB Capital