1 of 4

2 of 4

3 of 4

4 of 4

•  Media
• Map
• Street View

229 Carson St NW
Elk River, MN 55330 Clemens & Munsinger Gardens

$1,950,391 USD

Fast Food For Sale  •  1,728 SF

Property Details

• Property Type Fast Food
• Total Building Size 1,728 SF
• Lot Size 0.88 AC
• Building Class C
• Year Built 2008
• Tenancy Single

0 Transit Score

50 Walk Score

Highlights

Absolute NNN lease with zero landlord responsibilities and 2% annual rent increases.

Personal guarantee — absolute, unconditional, and irrevocable, beyond the tenant entity.

Average household income exceeds $149,836 within a 5-mile radius.

Direct Highway 101 access with traffic counts exceeding 53,840 vehicles per day.

18-year operating history demonstrating long-term site performance and market viability.

7% percentage rent provision above a defined sales breakpoint for income upside.

Amenities

• Pylon Sign
• Signage
• Signalized Intersection
• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
Elk River Station (Northstar Corridor - Northstar Commuter Rail)	5 min	-	2.7 mi
	13 min	-	8.2 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	58 min	-	44.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes