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2351 County Road 42
Burnsville, MN 55306 Eagan/Burnsvle/Inner Gr Hts/W St Paul

$1,333,333

General Retail For Sale  •  5,000 Sq Ft

Property Details

  • Property Type General Retail
  • Total Building Size 500 Sq Ft
  • Lot Size 2.07 ac
  • Building Class B
  • Year Built 2020
  • Cap Rate 6.00 %
28 Transit Score
51 Walk Score

Description

This brand new construction Caribou Coffee is one of the first in the Twin Cities featuring the new drive-up and walk-up only format. Caribou Coffee is the dominant regional coffee brand in the market and this location on a strong trade and traffic corridor is ideally situated for shoppers and employees alike. Parent company is JAB Holding Company, an international private firm whose house of brands includes Peet's Coffee, Panera, Keurig Dr. Pepper, and more.

Highlights

New Drive-Thru Small Format "Cabin" Concept
New 10-Year Lease
Brand New Construction
Strong Trade and Business Corridor
Dominant Regional Coffee Brand
Strong Parent Company - JAB Holding Company

Property Flyers

Financial Summary

Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Caribou Coffee 500 SF 1/31/2030
Cory Villaume 952-924-4600 CBRE
Cory Villaume 952-924-4600 CBRE