1 of 4

2 of 4

3 of 4

4 of 4

•  Media
• Map
• Street View

1807 22nd Ave SW
Minot, ND 58701 Souris Valley

$3,860,000 USD

Restaurant For Sale  •  8,114 SF

Property Details

• Property Type Restaurant
• Total Building Size 8,114 SF
• Lot Size 1.07 AC
• Building Class B
• Year Built 2014
• Cap Rate 7.00 %
• Tenancy Multiple
• Zoning C

0 Transit Score

52 Walk Score

Highlights

Two-Tenant Drive-Thru Investment; Pad to Hobby Lobby and Kohl’s

Corporate Panera Bread (w/ Drive-Thru): Over 8 years remaining on a new 10-year NNN lease extension

Panera Bread Reports Extremely Strong Sales at This Location (Contact Agent for Details)

Mattress Firm: Over 6 years remaining after an early 5-year lease extension

Franchisee NNN lease (North Dakota Mattress Ventures, LLC) – Approximately a 9-Unit Guaranty

Large Freeway Visible Pylon Sign Providing Excellent Visibility

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Mattress Firm	3,004 SF	10/31/2031
Panera Bread	5,110 SF	12/31/2033

Public Transportation

Commuter Rail	Drive	Walk	Distance
Minot Amtrak Station (Empire Builder - Amtrak)	5 min	-	2.5 mi
Airport	Drive	Walk	Distance
Minot International	11 min	-	4.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Surface
Included in Rent:	Yes