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7800 Jolly Ln
Brooklyn Park, MN 55445

$3,918,306 USD

Auto Repair For Sale  •  3,960 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 24,150 SF
  • Lot Size 3.03 AC
  • Building Class C
  • Year Built 1991
  • Cap Rate 6.50 %
  • Tenancy Single
60 Transit Score
50 Walk Score

Highlights

Corporate-guaranteed NN lease with Caliber Collision, largest collision repair chain in the U.S.
2% annual rent increases throughout initial term and both renewal option periods.
Lease extends through February 2033 with two additional five-year renewal options through 2043.
NN lease structure limits landlord responsibilities to roof, HVAC, and structural components.
Located in Minneapolis–St. Paul MSA with 5-mile trade area of ~101,826 residents.
Rent basis of $10.55/SF is well below market, providing strong downside protection.
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Caliber Collision

Amenities

  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 13 min - 7.6 mi
Anoka Station (Northstar Corridor - Northstar Commuter Rail) 16 min - 8.8 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 38 min - 25.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Daniel Gonzalez 305-395-6972 Matthews Real Estate Investment Services
Daniel Gonzalez 305-395-6972 Matthews Real Estate Investment Services