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9185 Hwy dr
Circle Pines, MN 55014 Outer Coon Rapids/Fridley/Blaine

$3,085,000 USD

General Retail For Sale  •  2,325 SF

Property Details

  • Property Type General Retail
  • Total Building Size 2,325 SF
  • Lot Size 0.56 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 5.35 %
  • Tenancy Single
0 Transit Score
71 Walk Score

Highlights

Single-Tenant Chipotle Drive-Thru Pad to Northway Center, a Festival Foods Grocery-Anchored Shopping Center
New 15-Year NNN Lease
10% Increases Every 5 Years During the Base Term and Each of the Three 5-Year Options
Corporate-Guaranteed Lease (NYSE: CMG); Over 3,800 Stores in the U.S., Canada, France, Germany, and the U.K.
Total Revenue for 2024 Was $11.3 Billion, an Increase of 14.6% Compared to 2023
Chipotle Is Targeting 7,000 Locations by Decade’s End, With Average Unit Volumes Set to Hit $4M+
Cap Rate: 5.35 %

Public Transportation

AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 35 min - 22.8 mi
Jeff Lefko 844-585-7682 Hanley Investment Group
Jeff Lefko 844-585-7682 Hanley Investment Group