BP & Subway | East Bethel, MN
$1,775,000
23705 Hwy 65 NE, East Bethel, MN 55005
6.76
Cap Rate
120,000
NOI
Details:
Description:
Absolute NNN Lease -
Secured by a new 15-Year NNN lease with 2% annual rent increases.
High-Visibility Corner Location -
Positioned on a prominent corner lot with multiple points of access and exceptional visibility along Highway 65, a heavily traveled commuter corridor with traffic counts exceeding 21,000 vehicles per day.
Prime Highway 65 Frontage -
Located directly along Highway 65, a major north–south arterial that connects the Twin Cities metro to the northern suburbs.
Adjacent Park-and-Ride Access -
Located next to a park-and-ride facility, providing consistent daily traffic and commuter exposure.
Strong Market Fundamentals -
Benefiting from tight vacancy conditions, with approximately 2.7% vacancy in the Minneapolis market and 2.9% vacancy in the Coon Rapids submarket, supporting long-term stability.
Growing Twin Cities Bedroom Community -
Located approximately 30 miles north of Minneapolis, East Bethel serves as an established and growing bedroom community for the Twin Cities, supported by steady residential growth and strong household demographics.
Essential Service Retail -
Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. This location has limited competition and provides shopping options for essential items.
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Documents:
| Title | ||
|---|---|---|
| BP___Subway___East_Bethel__MN_OM.pdf |
Location
