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Chipotle | Oakdale, MN

$3,542,857

3480 Highpoint Dr N, Oakdale, MN 55128

Active
Last Updated: 07/07/2026

5.25

Cap Rate

186,000

NOI

Details:
Cap Rate:    5.25%
NOI:    $186,000
Building Size:    2,325 sqft
Lot Area:    0.607 acres
Occupancy:    100%
Year Built:    2026
Floors:    1
Description:

New 2026 Construction -
Brand-new construction featuring a new 15-year lease that commenced in March 2026 with limited landlord responsibilities.

Strong Area Accessibility -
Located directly adjacent to I-694 and other major arterial roads, benefiting from consistent traffic flow and strong regional connectivity.

Employment-Driven Retail Location -
Situated directly within the 4Front campus, encompassing over 500,000 square feet of office and lab space. The property is part of a new retail development serving the campus and the surrounding area.

Strong Demographics -
Oakdale benefits from steady population growth and favorable demographics, supporting consistent demand. The population within a 3-mile radius exceeds 50,000, with average household incomes of over $117,000, well above the national average.

Proximity to the Twin Cities -
Conveniently located approximately 10 miles east of St. Paul and 20 miles east of Minneapolis. Oakdale is consistently recognized nationally as a desirable place to live and work, with strong schools and close proximity to major employment centers.

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Chipotle | Oakdale, MN OM
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