McCoy's Copper Pint | Absolute NNN Investment
$6,000,000
1710 Crossings Boulevard, Shakopee, MN 55379
6.6
Cap Rate
8,580 sqft
Building Size
Details:
Description:
NAI Gateway is pleased to exclusively offer for sale McCoy's Copper Pint, an ± 8,580 SF, two-story free-standing restaurant property situated on ± 1.64 acres in the rapidly growing Shakopee submarket of the Minneapolis-St. Paul MSA. Built in 2019 and 100% occupied, the Property is positioned to trade as an Absolute NNN investment, offering a purchaser truly passive ownership at the intersection of County Road 21 and County Road 18, and just one block from U.S. Highway 169.
Absolute NNN Structure: Zero landlord responsibilities across a 20-year initial lease term — the tenant is responsible for taxes, insurance, maintenance, and all capital items, providing truly passive ownership.
Newer Construction, Long Term Lease: Free-standing, two-story building constructed in 2019, fully leased at $396,000 in the first-year rent, minimizing near-term capital exposure for a purchaser with 2.00% percent annual rental escalations.
Best-In Class Area-Tenancy: Surrounded by The Home Depot, Panera Bread, Chipotle, Chili's, Five Guys, Starbucks, PetSmart, and the Marcus Southbridge Crossing Cinema, all within 0.2 miles.
Strong Restaurant Fundamentals: The 1-mile trade area posts a Market Potential Index of 108–138 for full-service dining, sit-down dinner visits, and premium check sizes, versus a national baseline of 100.
Dominant Retail Corridor: Positioned at County Road 21 & County Road 18, and one block from U.S. Highway 169, which carries approximately 80,000–99,500 vehicles per day.
Affluent, Growing Trade Corridor: Median household income of $186,345 within 1 mile and $122,416 within 5 miles — well above state and national averages — supporting a strong discretionary dining spend.
Located in the Twin Cities MSA: Part of the 16-county Minneapolis-St. Paul metro, one of the most diversified major economies in the Midwest and home to numerous Fortune 500 headquarters.
Scott County Growth: Shakopee is the Scott County seat, one of the fastest-growing counties in Minnesota, with county population up more than 5% since 2020 and continued residential, retail and industrial expansion.
Location
Gallery